PERMANENT ARM$ ECONOMY

SIPRI: Saudi Arabia largest importer of arms, US biggest exporter

Over a third of the global weapons sold worldwide during the past five years came from the United States. About half of US arms transfers went to the Middle East



About 50% of weapons sold by the US went to the Middle East


The US accounted for 37% of global arms sales during the 2016-2020 period and sold arms to 96 countries. Almost half of its sales went to the Middle East, the Stockholm International Peace Research Institute (SIPRI) said in a report on Monday. US exports increased 15% compared to the 2011-2015 period.

International deliveries of arms were flat in the period 2016-2020, ending more than a decade of increases, SIPRI said. It was the first time since 2001–2005 that the volume of deliveries of major arms between countries — an indicator of demand — did not increase from the previous five-year period.

The United States, France and Germany — three of the world's biggest exporters — increased deliveries but falls in exports from Russian and China offset the rise, SIPRI said.

Russia is the world's second-largest arms exporter, while France stood third, according to the report. Russia's sales were dented by a drop in imports from India.

Saudi Arabia tops as largest importer

Middle Eastern countries accounted for the biggest increase in arms imports, up 25% in 2016–20 from 2011–15.

Saudi Arabia, the world's biggest arms importer, increased its arms imports by 61% and Qatar by 361%.

The United Arab Emirates recently signed an agreement with the United States to purchase 50 F-35 jets and up to 18 armed drones as part of a $23 billion package.

Asia and Oceania were the largest importing regions for major arms, receiving 42% of global arms transfers in 2016–20. India, Australia, China, South Korea and Pakistan were the biggest importers in the region.

"For many states in Asia and Oceania, a growing perception of China as a threat is the main driver for arms imports," said Siemon Wezeman, a senior researcher at SIPRI.

COVID impact too early to tell

SIPRI said that it was too early to tell whether a recession stemming from the COVID-19 pandemic could slow down arms deliveries.

"The economic impact of the COVID-19 pandemic could see some countries reassessing their arms imports in the coming years. However, at the same time, even at the height of the pandemic in 2020, several countries signed large contracts for major arms," said Wezeman.

am/sri (dpa, Reuters)

Global Arms Trade Plateauing Amid COVID-19 as Sales Gap Between US, Russia Widens – SIPRI

 

Global Arms Trade Plateauing Amid COVID-19 as Sales Gap Between US, Russia Widens – SIPRI

Lance Cpl. Juanenrique Owings

MILITARY & INTELLIGENCE

06:13 GMT 15.03.2021Get short URL

by Igor Kuznetsov

 

Substantial increases in arms sales by three of the top five exporters (the US, France, and Germany) were largely offset by declining Russian and Chinese exports, as the COVID pandemic is yet to take its economic toll on nations and affect their arms procurements.

International trade in major arms has levelled off over the past two five-year periods, with the exception of the Middle East, where there has been a sharp increase, the Stockholm International Peace Research Institute SIPRI has said in a fresh report.

Nevertheless, global arms trade has remained close to the highest level since the end of the Cold War in the early 1990s, when the Soviet Union collapsed. Whether there has been a break in trends on the global arms market, SIPRI's researchers are still hesitant to say.

"It is too early to say whether the rapid growth of arms transfers in the last two decades is over, Pieter Wezeman of SIPRI's research programme for weapons and military spending in the city of Solna, told national broadcaster SVT.

SIPRI, however, did not rule out the coronavirus pandemic possibly affecting the statistics for an entire five-year period.

"The economic effects of the COVID-19 pandemic may, for example, cause some countries to re-evaluate their arms imports in the coming years. At the same time, however, several countries have signed major arms contracts in the midst of a burning pandemic", Wezeman said.

With 96 client states, the US remains the world's largest arms exporter, increasing its global share of arms exports from 32 to 37 percent. Almost half (47 percent) of US arms transfers went to the Middle East. Substantial increases in transfers by three of the top five arms exporters (the US, France, and Germany) were largely offset by declining Russian and Chinese arms exports, SIPRI noted.

One major outlier is the Middle East, which clearly went against the trend and greatly increased its arms procurements by 25 percent during the same period. The spike is mostly due to major acquisitions by Saudi Arabia (up by 61 percent), Egypt (up by 136 percent) and Qatar (up by 361 percent).

"Ongoing wars in Yemen and Libya, rivalries between countries in the Gulf region, threats against Iran, and rising tensions over oil and gas reserves in the Mediterranean are important drivers of demand for weapons in the region", Pieter Wezeman commented.

Based in the Swedish capital, the Stockholm International Peace Research Institute was founded in 1966 to provide data, analysis, and recommendations for armed conflict, military expenditures, and arms trade as well as disarmament and arms control. Their research is based on open sources and is directed at decisionmakers, researchers, the media, and the public.

To avoid statistical glitches, the researchers compare five-year stretches. This model has been in use since 1981, when the superpowers were locked in the Cold War and armed themselves to unprecedented levels.

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