India is world’s second largest arms importer; Saudi Arabia tops the list: SIPRI Report

India is the second largest importer of weapons in the world, as per the annual report ‘Trends in International Arms Transfers-2018’released on 11 March 2019. by the think tank Stockholm International Peace Research Institute (SIPRI).

Key Highlights;-

1. The five largest exporters in 2014-18 were the United States, Russia, France, Germany, and China, together accounting for 75 percent of the total volume of arms exports in 2014-18.
2. Arms exports by Russia decreased by 17 percent between 2009–13 and 2014–18, in particular, due to the reduction in arms imports by India and Venezuela.
3. The volume of international transfers of major arms across the world in 2014-18 was 7.8 percent higher than in 2009-13 and 23 percent higher than in 2004-2008.
4. The US and Russia remain the largest exporters by far, accounting for 36 percent and 21 percent of the total global trade, respectively.
5. The flow of arms increased in the Middle East increased by 87 percent between 2009-13 and 2014-18.
6. Arms imports by Egypt, the third largest arms importer in 2014–18, tripled by 206 percent between 2009-13 and 2014-18. However, Syria’s arms imports fell by 87 percent.
7. China emerged as a major arms exporter with an increase in its share by 2.7 percent for 2014-18 compared to 2009-13. Its biggest customers are Pakistan and Bangladesh.
8. British arms exports increased by 5.9 percent between 2009-13 and 2014-18. In 2014-18, a total of 59 percent of British arms exports went to the Middle East.

SIPRI is an independent international institute dedicated to research into conflict, armaments, arms control and disarmament. Established in 1966, it provides data, analysis, and recommendations, based on open sources, to policymakers, researchers, media and public.

SIPRI data reflects the volume of deliveries of arms, not the financial value of the deals. The SIPRI Arms Transfers Database contains information on all international transfers of major weapons (including sales, gifts and production licenses) to states, international organizations, and armed non-state groups.

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