Global Arms Trade: A Shifting Landscape

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The Stockholm International Peace Research Institute (SIPRI) has released a new report highlighting changes in global arms trade from 2021 to 2025. India stands as the second-largest importer of military hardware, primarily sourcing from Russia, accounting for 40 percent of its imports, though this is a decrease from previous years. Significant shifts are evident as China exits the top 10 importers list for the first time since the early 1990s, thanks to its increased domestic production. Meanwhile, Ukraine leads as the largest arms importer due to receiving 9.7 percent of all transfers during this period. Europe’s imports have seen a…