America becomes top arms exporter as imports to Europe double. India major buyer, China gives priority to local arms

According to recent SIPRI data, European states have almost doubled their major arms imports, an increase of 94% between 2014-18 and 2019-23. This was despite a modest 3.3% decline in the global volume of international arms transfers during the same period. Arms transfers declined in all other regions, but states in Asia and Oceania and the Middle East continued to import larger quantities than Europe. Nine of the 10 largest arms importers in 2019-23, including the top three of India, Saudi Arabia and Qatar, were in Asia and Oceania or the Middle East. Watch the video to know who was the largest arms exporter, who is the world’s top arms importer.