 "Servicemen of the 44th Separate Mechanised Brigade of the Armed Forces of Ukraine fire a Leopard 1A5 tank during a training, amid Russia's attack on Ukraine, in Zaporizhzhia region, Ukraine. File image/ Reuters")
According to a report released Monday by a prominent war think tank, Ukraine has emerged as the world’s largest arms importer since Russia’s 2022 invasion, and European weaponry imports increased by 155% in 2020–24.
According to data from the Stockholm International Peace Research Institute (SIPRI), American corporations increased their share of worldwide weaponry exports from 35% in the 2015–2019 period to 43% in 2020–24, demonstrating the United States’ sustained dominance of the world stage. The United States’ share of the world market for arms exports was about equal to the combined market shares of the following eight nations.
According to SIPRI, Europe as a whole accounted for 28% of global arms imports in 2020–24, up from 11% in 2015–2019.
Ukraine alone accounted for 8.8% of global arms imports form 2020-24, and just under half of those imports were from the U.S., which under President Donald Trump has paused military aid to Kyiv.
Russia’s invasion of Ukraine has led to the biggest confrontation between the West and Russia since the 1962 Cuban Missile Crisis, and the Kremlin and the White House have said missteps could trigger World War Three.
The war has underlined Europe’s dependence on U.S. arms although the trans-Atlantic alliance, the foundation of Europe’s security strategy since World War Two, is increasingly being questioned.
The U.S. supplied more than 50% of Europe’s arms imports from 2020-24, with Britain, the Netherlands and Norway among the top buyers, the SIPRI data showed.
Impact Shorts
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“With an increasingly belligerent Russia and transatlantic relations under stress during the first Trump presidency, European NATO states have taken steps to reduce their dependence on arms imports and to strengthen the European arms industry,” said Pieter Wezeman, Senior Researcher with the SIPRI Arms Transfers Programme.
“But the transatlantic arms-supply relationship has deep roots. Imports from the USA have risen and European NATO states have almost 500 combat aircraft and many other weapons still on order from the USA.”
Russian arms exports dropped to 7.8% of the global market in the 2020-24 period, compared to 21% in the previous four-year period, as a result of international sanctions over the war in Ukraine and increased domestic demand for weapons.
Asia and Oceania’s arms imports dropped 21%, mainly because of China producing more of its own weapons.
Overall, global arms transfers were roughly at the same level in the 2020-2024 period as in the previous four years, the SIPRI data showed.