It also includes some data on worldwide supplier transactions. This report focuses principally on the level of arms transfers by major weapons suppliers to nations in the developing world—where most analysts agree that the potential for the outbreak of regional military conflicts currently is greatest, and where the greatest proportion of the conventional arms trade is conducted. Nations in the developing world continue to be the primary focus of foreign arms sales activity by conventional weapons suppliers. During the period of this report, 2008-2015, conventional arms transfer agreements (which represent orders for future delivery) to developing nations comprised 80.24% of the value of all international arms transfer agreements . The portion of agreements with developing countries constituted 80.92% of all agreements globally from 2012-2015. Major Findings

		General Trends in Arms Transfers Worldwide

The value of all arms transfer agreements worldwide (to both developed and developing nations) in 2015 was $79.9 billion. In 2015, the United States led in arms transfer agreements worldwide, making agreements valued at $40.2 billion (50.29% of all such agreements), up from $36.1 billion in 2014. France ranked second in 2015 with $15.3 billion in agreements (19.16% of these agreements globally), up considerably from $5.7 billion in 2014. In 2015, the United States ranked first in the value of all arms deliveries worldwide, making nearly $16.9 billion in such deliveries or 36.62%. Russia ranked second in worldwide arms deliveries in 2015, making $7.2 billion in such deliveries, and ranked second for all of those eight years. General Trends in Arms Transfers to Developing Nations

The value of all arms transfer agreements with developing nations in 2015 was $65.2 billion, a substantial decrease from the $79.3 billion total in 2014 ( Figure 1 ) ( Table 1 ) ( Table 3 ) ( Table 4 ). Until France ranked second in 2015, the United States and Russia had dominated the arms market in the developing world since 2012. Both nations either ranked first or second among countries for three out of the four years in terms of the value of arms transfer agreements. From 2012 to 2015, the United States made approximately $85.6 billion of these agreements, or 33.38%. During this same period, Russia made $48.6 billion, 18.9% of all such agreements, expressed in current dollars. Collectively, the United States and Russia made 52.33%, just over half of all arms transfer agreements with developing nations during this four-year period. France from 2012 to 2015 made nearly $27.7 billion or 10.8% of all such agreements with developing nations during these years. In the earlier period (2008-2011) Russia ranked second with $32.8 billion in arms transfer agreements with developing nations or 15.3%; the United States made $111.1 billion in arms transfer agreements during this period or 51.8%. The United States ranked first among these suppliers for all but one year during this period. Of these four nations, France was the leading supplier with a record $15.2 billion in agreements in 2015. In the earlier period (2008-2011), the United States ranked first in the value of arms transfer agreements with Asia with 27.53% ($16.8 billion in current dollars).Russia made 26.23% of this region's agreements in 2008-2011. Arms Transfers to Developing Nations, 2008-2015 : Agreements With Leading Recipients
 Table 12 gives the values of arms transfer agreements made by the top 10 recipients of arms in the developing world from 2008 to 2015 with all suppliers collectively.
This report provides Congress with official, unclassified, quantitative data on conventional arms transfers to developing nations by the United States and foreign countries for the preceding eight calendar years for use in its policy oversight functions. All agreement and delivery data in this report for the United States are government-to-government Foreign Military Sales (FMS) transactions. Similar data are provided on worldwide conventional arms transfers by all government suppliers, but the principal focus is the level of arms transfers by major weapons supplying governments to nations in the developing world.
Developing nations continue to be the primary focus of foreign arms sales activity by weapons suppliers. During the years 2008-2011, the value of arms transfer agreements with developing nations comprised 80.39% of all such agreements worldwide. More recently, arms transfer agreements with developing nations constituted 80.92% of all such agreements globally from 2012-2015, and 81.70% of these agreements in 2015.
The value of all arms transfer agreements with developing nations in 2015 was $65.2 billion. In 2015, the value of all arms deliveries to developing nations was $33.6 billion.
Recently, from 2012 to 2015, the United States and Russia were predominant the arms market in the developing world, with both nations either ranking first or second in all but the most recent in these four years in the value of arms transfer agreements. From 2012 to 2015, the United States made nearly $86 billion in such agreements, 33.38%of all these agreements (expressed in current dollars). Russia made $48.6 billion, 18.94% of these agreements. During this same period, collectively, the United States and Russia made 52% of all arms transfer agreements with developing nations, ($134 billion in current dollars).
In 2015, the United States ranked first in arms transfer agreements with developing nations with $26.7 billion or 41% of these agreements. In second place was France with $15.2 billion or 23.30% of such agreements.
In 2015, the United States ranked first in the value of arms deliveries to developing nations at $11.9 billion, or 35.42% of all such deliveries. Russia and France tied for second in these deliveries at $6.2 billion each and each representing 18.45%.
In worldwide arms transfer agreements in 2015—to both developed and developing nations—the United States was predominant, ranking first with $40.2 billion in such agreements or 50.29% of all such agreements. France ranked second in worldwide arms transfer agreements in 2015 with $15.3 billion in such global agreements or 19.16%. The value of all arms transfer agreements worldwide in 2015 was $79.9 billion.
In 2015, Qatar ranked first among all developing nations weapons purchasers concluding $17.5 billion in the value of arms transfer agreements. Egypt ranked second, concluding $11.9 billion in such agreements. Saudi Arabia ranked third with $8.6 billion in such agreements.