March 17 , 2023
- The new data on global arms transfers between 2018 and 2022 released by the Stockholm International Peace Research Institute (SIPRI).
- India’s arms imports fell 11% between 2013-17 and 2018-22.
- In 2022, India’s imports fell 21% between 2012-16 and 2017-21.
- But that the country was still the world’s biggest arms importer.
- India’s share of the global arms imports was the highest in the past five years at 11%.
- It is followed by Saudi Arabia (9.6%), Qatar (6.4%), Australia (4.7%) and China (4.7%).
- The ranking system is dynamic as it depends on how orders are placed in a particular year.
- France’s arms exports jumped 44% between 2013-17 and 2018-22.
- India is receiving 30% of its exports during the past five years.
- US was the world’s top most military exporter in the past five years, accounting for 40% of global exports.
- It is followed by Russia (16%), France (11%), China (5.2%) and Germany (4.2%).
- US arms exports jumped 14% between 2013-17 and 2018-22.
- Russia’s fell 31% during the same period.
- Russia’s imports to India fell 37%.
- Ukraine was the third biggest importer of major arms in 2022.
- The report also highlighted that arms imports, especially long-range strike weapons, rose in South Korea by 61 per cent, in Japan by 171 per cent, and in Australia by 23 per cent.