Military exports on the rise

 america has been increasingly exporting military goodsOne interesting aspect of U.S. trade is the export of military goods.  Exports have increased over the last decade from $8.3 billion in 2002 to a peak value of $18.8 billion in 2012. Note that this does not include shipments to the U.S. military overseas. Most U.S. exports of military goods went to Asia, primarily Japan and South Korea.

 During 2012, about65 per cent of American exports of military goods constituted of military aircraft—fighter jets, helicopters, engines, launching gear, and surprisingly aircraft parts. In fact, at 35% of all U.S. military exports in 2012, the export value for military aircraft parts exceeded the export value for  complete aircraft.