POST Online Media Lite Edition



 

International arms imports increased 14 percent

Staff writer |
India's arms imports are now almost three times as high as those of the second and third largest arms importers—China and Pakistan—according to new data on international arms transfers by Stockholm International Peace Research Institute (SIPRI).

Article continues below






The volume of Indian imports of major weapons rose by 111 percent between 2004–2008 and 2009–2013, and its share of the volume of international arms imports increased from 7 to 14 percent. Meanwhile, Pakistan's imports of major arms increased by 119 percent.

The major suppliers of arms to India in 2009–2013 were Russia (accounting for 75 percent of imports) and the United States (7 percent), which for the first time became the second largest arms supplier to India. In contrast, the USA's share of Pakistani imports in the same period was 27 percent. China was also a major supplier in the region, accounting for 54 percent of Pakistani arms imports and 82 percent of Bangladeshi imports.

The five largest suppliers of major weapons during the five-year period 2009–2013 were the United States (29 percent of global arms exports), Russia (27 percent), Germany (7 percent), China (6 percent) and France (5 percent).

These top 5 suppliers accounted for 74 percent of the total volume of arms exports worldwide. The U.S. and Russia together accounted for 56 percent of the volume of arms exports.


What to read next

Arms trade increases to highest level since Cold War
US and Russia world's biggest arms exporters
Russia sells about 50 warships since 2000