Trends in Conventional Arms Transfers to the Third World by Major Supplier, 1982-1989 [June 19, 1990] [open pdf - 3MB]
"The general decline in the value of new arms transfer agreements with the Third World seen in recent years continued in 1989. The value of all arms transfer agreements with the Third World in 1989 ($29.3 billion) was the lowest total for any year during the period from 1982-1989 (in constant 1989 dollars). The Soviet Union and the United States have clearly dominated the Third World arms market as the top two suppliers from 1982-1989. Collectively, the two superpowers accounted for 60% of all arms transfer agreements with, and arms deliveries to, the Third World during these years. In real terms, the value of United States arms transfer agreements with the Third World decreased from the 1988 total of $9.3 billion to $7.7 billion in 1989, a 26% share of all such agreements in 1989. The total value of the Soviet Union's agreements fell from $14.7 billion in 1988 to $11.2 billion in 1989, a 38.4% share of all Third World arms transfer agreements in 1989."
CRS Report for Congress, 90-298