Key Highlights of the SIPRI report
A fall in the Indian imports mainly attempts to decrease its dependence on imports from Russia & the complex procurement process. India’s imports of United States arms also fell 46%. India’s top 3 arms suppliers during the years 2016-20 were Russia, France & Israel.
According to the SIPRI report, India had a share of 2% of world arms exports during 2016-20, making India the world’s 24th largest exporter of major arms.
Top recipients of the Indian military hardware were Myanmar, Sri Lanka & Mauritius.
- Russia’s arms export also declines by 22% according to the SIPRI report. India was the biggest importer of Russian military hardware during the past five years and about 23% of Russia’s arms were exported to India.
- India’s military’s capital budget for the year 2021-22 is INR 70,221 crore (i.e. 63%) for buying locally produced weapons & systems in order to raise defence indigenization.
- According to the SIPRI report, India’s military imports are expected to grow over the coming five years.
Concerning World
- Saudi Arabia tops as world’s largest importer. Saudi Arabia, the world’s biggest arms importer, raised its arms imports by 61% & Qatar by 361%.
- The top five arms exporters in the years 2016-20 were the US, Russia, France, Germany & China, whereas the top importers were Saudi Arabia, India, Egypt, Australia & China.
- The Middle Eastern nations accounted for the biggest increase in arms imports, up 25% in the years 2016–20 from 2011–15.
The United Arab Emirates (UAE) recently signed an agreement with the US to purchase 50 F-35 jets & up to 18 armed drones as part of a $23 billion package.
Asia & Oceania were the largest importing parts for major arms, receiving 42% of global arms transfers in the years 2016–20. India, Australia, China, South Korea & Pakistan were the biggest importers in the region.
Although the United States, being the world’s largest arms exporter, saw its exports rise. Its world share of arms exports went up from 32% to 37% between the years 2011-15 & 2016-20.
Exports by China, the world’s 5th largest arms exporter in the years 2016-20 also fell by 7.8% between 2011-15 & 2016-20.
China was also responsible for 74% of Pakistan’s military imports during the past five years, up from 61% in the years 2011-15.
Arms exports by the United Kingdom declined by 27% between the years 2011-15 & 2016-20. The United Kingdom accounted for 3.3% of total arms exports in 2016-20.
Israeli arms exports represented 3.0% of the global total in 2016-20 and were 59% higher than in 2011-15.
Arms exports by South Korea were 210% higher in 2016-20 than in 2011-15, giving it a 2.7% share of world arms exports.
Between the years 2011-15 & 2016-20 there were overall decreases in arms imports by states in Africa (–13%), the Americas (–43%), and Asia and Oceania (–8.3%).
Algeria increased its arms imports by 64% compared with 2011–15, while arms imports by Morocco were 60% lower.
In 2016–20 Russia supplied 30% of arms imports by countries in sub-Saharan Africa, China 20%, France 9.5%, and the US 5.4%.
China was the largest arms importer in the East Asia, receiving 4.7% of global arms imports in 2016–20.
Both Armenia & Azerbaijan have been building up their military capabilities via major arms imports in recent years. In 2016–20 Russia accounted for 94% of Armenian arms imports, whereas Israel accounted for 69% of Azerbaijan’s arms imports.
About SIPRI Report
SIPRI is an independent institute dedicated to research into conflict, arms control, armaments, and disarmament. Established in year 1966, SIPRI provides data, analysis & recommendations, based on open sources, to researchers, policymakers, media & the interested public. Based in Stockholm, SIPRI is constantly ranked among the most respected think tanks worldwide.
- SIPRI’s Vision: The SIPRI’s vision is a world in which sources of insecurity are identified & understood, conflicts are resolved or prevented, & peace is sustained.
- SIPRI’s Mission: to undertake research & activities on security, conflict, and peace; to provide policy analysis & recommendations; to facilitate dialogue & build capacities; to promote transparency & accountability, and to deliver authoritative information to global audiences.
.
Read More Article of International Relation
You Can Follow on Youtube – Score Better
.