The United States remains the world’s largest arms exporter with its share sitting at 37%, according to the Stockholm International Peace Research Institute (SIPRI).
The report found that international arms transfers have levelled off after rising for a number of years. Between 2010 to 2014, and 2015 to 2019, the study found “exports of major arms from the USA grew by 23%, increasing its shares of total global arms exports to 36%”. Now at 37%, the US remains the world’s largest arms exporter globally. Between 2016 and 2020, the US supplied arms to as many as 96 countries, with 47% going to the Middle East, according to SIPRI.
Following the US, Russia came in second, with a 20% share in the global arms exports market. France came in third place, with the study stating that it grew its major arms transfers by 44%.
Germany came in fourth, and has experienced a steady growth in sales over the years, with Egypt, South Korea and Algeria being its main clients.
The Middle East is said to be the global region that has the highest demand for arms transfers. Countries in that region imported around 25% more items between 2016 and 2020, than in 2011 to 2015.
The report also found that Saudi Arabia is the world’s largest arms importer, with India coming in second.
Globally, both imports and exports are said to be close to their highest level since the end of the cold war, but experts warn that the pandemic may change this trend.
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