The new data on global arms transfers between 2018 and 2022 released by the Stockholm International Peace Research Institute (SIPRI).
India’s arms imports fell 11% between 2013-17 and 2018-22.
In 2022, India’s imports fell 21% between 2012-16 and 2017-21.
But that the country was still the world’s biggest arms importer.
India’s share of the global arms imports was the highest in the past five years at 11%.
It is followed by Saudi Arabia (9.6%), Qatar (6.4%), Australia (4.7%) and China (4.7%).
The ranking system is dynamic as it depends on how orders are placed in a particular year.
France’s arms exports jumped 44% between 2013-17 and 2018-22.
India is receiving 30% of its exports during the past five years.
US was the world’s top most military exporter in the past five years, accounting for 40% of global exports.
It is followed by Russia (16%), France (11%), China (5.2%) and Germany (4.2%).
US arms exports jumped 14% between 2013-17 and 2018-22.
Russia’s fell 31% during the same period.
Russia’s imports to India fell 37%.
Ukraine was the third biggest importer of major arms in 2022.
The report also highlighted that arms imports, especially long-range strike weapons, rose in South Korea by 61 per cent, in Japan by 171 per cent, and in Australia by 23 per cent.