ARMS TRADEEuropean Arms Imports Nearly Double, U.S. and French Exports Rise, and Russian Exports Fall Sharply
States in Europe almost doubled their imports of major arms (+94 per cent) between 2014–18 and 2019–23. The United States increased its arms exports by 17 per cent between 2014–18 and 2019–23, while Russia’s arms exports halved. Russia was for the first time the third largest arms exporter, falling just behind France.
States in Europe almost doubled their imports of major arms (+94 per cent) between 2014–18 and 2019–23. Far larger volumes of arms flowed to Asia and Oceania and the Middle East in 2019–23, where nine of the 10 largest arms importers are. The United States increased its arms exports by 17 per cent between 2014–18 and 2019–23, while Russia’s arms exports halved. Russia was for the first time the third largest arms exporter, falling just behind France. The global volume of international arms transfers fell slightly by 3.3 per cent between 2014–18 and 2019–23, according to new data on international arms transfers published today by the Stockholm International Peace Research Institute (SIPRI).
Around 55 per cent of arms imports by European states in 2019–23 were supplied by the USA, up from 35 per cent in 2014–18. ‘More than half of arms imports by European states come from the USA,’ noted SIPRI Director Dan Smith, ‘while at the same time, Europe is responsible for about a third of global arms exports, including large volumes going outside the region, reflecting Europe’s strong military–industrial capacity. Many factors shape European NATO states’ decisions to import from the USA, including the goal of maintaining trans-Atlantic relations alongside the more technical, military and cost-related issues. If trans-Atlantic relations change in the coming years, European states’ arms procurement policies may also be modified.’
U.S. and French Arms Exports Climb, While Russian Arms Exports Plummet
The USA’s arms exports grew by 17 per cent between 2014–18 and 2019–23, and its share of total global arms exports rose from 34 per cent to 42 per cent. The USA delivered major arms to 107 states in 2019–23, more than it has in any previous five-year period and far more than any other arms exporter. The USA and states in Western Europe together accounted for 72 per cent of all arms exports in 2019–23, compared with 62 per cent in 2014–18.
‘The USA has increased its global role as an arms supplier—an important aspect of its foreign policy—exporting more arms to more countries than it has ever done in the past,’ said Mathew George, Director of the SIPRI Arms Transfers Programme. ‘This comes at a time when the USA’s economic and geopolitical dominance is being challenged by emerging powers.’
