5 Aug, 2016 @ 13:22
1 min read

Spain’s arms exports boom with Saudi Arabia taking lion’s share

spain plane e

spain planeSPAIN’S arms exports grew by 16.1% last year, with the bulk of non-European sales going to Saudi Arabia.

According to statistics from the Ministry of Commerce, the government sold €3.7 billion worth of arms in 2015, with the Saudi Kingdom taking almost 15% of all sales.

Together with Oman, Bahrain, Emirates, Qatar and Kuwait, Spain’s arms exports to the Middle East totalled €715 million.

The growth in sales has mainly derived from the country’s Airbus Defence and Space company, who produces transport aircraft which can carry weaponry and carry out surveillance and refuel other aircraft mid-air.

Aircraft sales made up 86% of last year’s exports.

Germany was Spain’s biggest arms client, splashing €647 million on its neighbours weaponry, while the UK spent €474 million, coming in third after Saudi Arabia.

Some countries were denied sales, including Israel, whose order of rubber bullets was blocked due to its ‘possible use in internal repression’.

It was also denied the sale of rocket propellant substance due to the region’s current instability.

Despite being good customers, Egypt and Venezuela were also denied sales – tear gas cartridges and truck engine parts respectively.

Russia has undergone several denials since its annexation of Crimea, specifically, electric circuits for military use, hunting rifles and sport guns.


Laurence Dollimore

Laurence has a BA and MA in International Relations and a Gold Standard diploma in Multi-Media journalism from News Associates in London. He has almost a decade of experience and previously worked as a senior reporter for the Mail Online in London.

GOT A STORY? Contact newsdesk@theolivepress.es or call +34 951 273 575 Twitter: @olivepress

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

in and out charlie centa
Previous Story

Ins and outs of Sotogrande

malia obama e
Next Story

Malia Obama dances away before internship in Spain

Latest from Business & Finance

Go toTop

More From The Olive Press