Global Arms Trade Shift: France Surpasses Russia, U.S. Dominates, India Tops Imports

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Source: Euronews
Global Arms Trade Shift: France Surpasses Russia, U.S. Dominates, India Tops Imports
Photo: Euronews
TL;DR Summary

European arms imports nearly doubled between 2014-2018 and 2019-2023, largely due to transfers to Ukraine, with France and Italy significantly increasing exports. Global arms transfers fell slightly, with the US being the largest arms supplier to Europe. France's arms exports surged, surpassing Russia, while Russia's exports halved. Western Europe accounted for 72% of global arms exports, with the Middle East being a major buyer.

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