LONDON, June 18 (Xinhua) -- Britain became the world's largest arms
exporter last year, overtaking the United States, the Financial Times reported
Wednesday, quoting government figures.
Britain won 10 billion pounds (about 20 billion U.S. dollars) of new
defense orders in 2007 from overseas, giving it a 33 percent share of the world
export market, according to figures released Tuesday.
British export orders for 2006 totaled 5.5 billion pounds (some11 billion
"As demonstrated by this outstanding export performance, the UK has a first
class defense industry with some of the world's most technologically
sophisticated companies," Trade and Investment Minister Lord Jones was quoted as
In 2007, Saudi Arabia and the United States topped the nations on the
British arms exports list, according to data from the Defense and Security
Organization (DSO), set up by the Trade and Investment Department to promote
However, it did not provide details for other countries for 2007 or
Last year's orders mean Britain has been the second largest exporter of
arms over the previous five years, after the U.S., according to DSO figures.
Cumulative exports from the U.S. over the last five years totaled 63
billion dollars, compared with Britain's 53 billion dollars during the same