The World’s 20 Busiest Ports

The World’s 20 Busiest Ports are shown in the graphic below. It is surprising that ten of the busiest ports in the world are in China. Los Angeles is the busiest port in the US but globally it is ranked at 18. Singapore’s strategic location on the trade route between the East and West makes it easily the 2nd top port in the world.

Click to enlarge

 

Source: RFE/RL

Russia Ranks Second in Global Arms Sales

Russia has overtaken the UK to become the world’s 2nd largest weapons seller based on 2017 data according to a report by The Stockholm International Peace Research Institute (SIPRI). At number one, the US remains the undisputed king in weapons sales with sales of over $222.6 billion.

The following graphic shows additional details on global arms sales:

Click to enlarge

Source: Graphic News

Below is another graphic showing the destinations for Russian weapons:

Click to enlarge

 

Source: RFE/RL

The US firms listed in the top 15 include:

  • Lockheed Martin Corporation (LMT)
  • Boeing Co (BA)
  • Raytheon Company (RTN)
  • Northrop Grumman Corporation (NOC)
  • General Dynamics Corporation (GD)
  • United Technologies Corporation (UTX)
  • Level 3 Communications, Inc (LVLT)

Among the top European companies in the ranking are: 

  • BAE Systems PLC (BAESY)
  • Airbus Group SE (EADSY)

Defense sector stocks are like consumer staples in some ways. A defense firm’s products are required during good and bad economic periods. Defense stocks tend to offer steady long-term growth with wars, fears of wars or terrorism boosting defense budgets leading to more growth for the industry.

Disclosure: No positions