Figures released on 30th July by the UK's Defence Export Sales Organisation (UKTI DSO) indicate that on a rolling ten-year basis, the UK remains the second largest global defence exporter after the USA. Nick Watts took a look for Defence Viewpoints.
In 2018, the UK won defence orders worth £14bn, up on the previous year (£9bn) and illustrative of the volatile nature of the global export market for defence. The UK share of the global defence export market was estimated at 19% in 2018. The UK's largest defence export markets were the Middle East, North America and Europe. In 2018, the value of UK Security export sales was £5.2bn, an increase from 2017 (£4.8bn), maintaining the UK at 4th place in the rankings. The UK's largest Security export markets were Europe, Asia-Pacific and North America, of which there are more details on the next page.