Venezuela: Arms exports

The latest value from 2009 is 40 million U.S. dollars, an increase from 3 million U.S. dollars in 2008. In comparison, the world average is 540.87 million U.S. dollars, based on data from 45 countries. Historically, the average for Venezuela from 1969 to 2009 is 11.57 million U.S. dollars. The minimum value, 0 million U.S. dollars, was reached in 1987 while the maximum of 40 million U.S. dollars was recorded in 2009. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Arms transfers cover the supply of military weapons through sales, aid, gifts, and those made through manufacturing licenses. Data cover major conventional weapons such as aircraft, armored vehicles, artillery, radar systems, missiles, and ships designed for military use. Excluded are transfers of other military equipment such as small arms and light weapons, trucks, small artillery, ammunition, support equipment, technology transfers, and other services. Figures are SIPRI Trend Indicator Values (TIVs) expressed in US$ m. A '0' indicates that the value of deliveries is less than US$0.5m