The United States dominated the global arms trade in 2019, India the second largest importer

NEW DELHI: India was the second largest in the world arms importer in 2019, according to a report by the Stockholm International Peace Research Institute. The country was in third place in terms of total military spending.
Also in terms of total military spending, India ranked third, behind only the United States and China. However, none of the top three spenders was on the list of the top 10 military expenditures taken as a percentage of GDP.
Here’s a look at the world’s biggest military spenders, sellers, and gun buyers, explained in charts.

The United States was the most dominant player in arms exports, accounting for 36% of world trade, while the Middle East made its first appearance among the 25 largest arms manufacturers during the year.
The total sales by the “top 25” companies, in 2019, it increased by 8.5 percent to $ 361 billion, equivalent to 50 times the annual budget of UN peacekeeping operations.

Source: SIPRI

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