Print Magazine
Brussels Morning Newspaper
Friday, June 24, 2022
No Result
View All Result
  • Home
    • About Us
  • EU institutions
    • Commission
    • Parliament
    • Council
  • Europe
  • World
  • Economy
  • Culture and Society
  • In Depth
    • Ambassador’s Corner
    • The American Angle
    • Europe With Transparency
    • Sustainable Perspective
    • Place de la Bourse
    • The Macro-Economist
    • Southeast Europe
Brussels Morning Newspaper
  • Home
    • About Us
  • EU institutions
    • Commission
    • Parliament
    • Council
  • Europe
  • World
  • Economy
  • Culture and Society
  • In Depth
    • Ambassador’s Corner
    • The American Angle
    • Europe With Transparency
    • Sustainable Perspective
    • Place de la Bourse
    • The Macro-Economist
    • Southeast Europe
Brussels Morning Newspaper
No Result
View All Result
Home Economy

French and German arms exports grow sharply in five years

Ivan Fischer by Ivan Fischer
15 March 2021
in Economy
French and German arms exports grow sharply in five years
Share on FacebookShare on Twitter

Brussels (Brussels Morning) Total arms exports in the past five years did not increase compared to the 2011-2015 period. Although the US, France and Germany recorded significant growth in their exports, this was offset in terms of global arms sales by a corresponding drop in Russian and Chinese exports, according to a Swedish think-tank report.

Data released by the Stockholm International Peace Research Institute (SIPRI) show that, French arms exports grew the fastest between 2016 and 2020, increasing by 44% to account for 8.2% of global arms exports for the period, keeping France firmly in the third place.

America first

The US remained in first place with a 37% share of global arms exports, up from 32% five years before. Its gain represented a growth of 15%, widening the gap between the first two places since Russian exports contracted 22% and now account for 20% of global exports.

Germany took the fourth place among global arms exporters, growing 21% in the 2016-2020 period compared to 2011-2015. It now accounts for 5.5% of global arms transfers. China dropped to fifth place, its exports having contracted 7.8% in the 2016-2020 period, and now account for 5.2% of global transfers.

Asia buying arms

The biggest growth in demand for arms over the observed period was recorded in the Middle East. Regional states imported 25% more arms during the 2016-2020 period than in the preceding period. Saudi Arabia increased its imports by 61%, while Qatar increased its imports by 361%.

The largest arms importing region for major arms was Asia and Oceania, which received 42% of global arms transfers in the observed period. The largest regional importers were India, Australia, China, South Korea and Pakistan.

Latest post

Flags,Of,Moldova,European,Union,And,Ukraine

Supporting Moldova means supporting stability in Ukraine

9 hours ago
Brussels,,Belgium.,7th,June,2018.,Press,Point,By,Eu,Commissioner

EC welcomes agreement on new health rules

13 hours ago

Most Read

  • These are the 10 highest paying jobs in the Europe in 2022

    These are the 10 highest paying jobs in the Europe in 2022

    0 shares
    Share 0 Tweet 0
  • What Are The Highest Paying Jobs In Luxembourg?

    0 shares
    Share 0 Tweet 0
  • Energy Recovery Fund

    0 shares
    Share 0 Tweet 0
  • From a European Status of the Artist towards a European Strategy for Culture

    0 shares
    Share 0 Tweet 0
  • Freedom of the Press?Greece in the Autocratic Vortex of the Mitsotakis Administration

    0 shares
    Share 0 Tweet 0
Facebook Twitter Youtube LinkedIn

About Us

Brussels Morning is a daily online newspaper based in Belgium. BM publishes unique and independent coverage on international and European affairs. With a Europe-wide perspective, BM covers policies and politics of the EU, significant Member State developments, and looks at the international agenda with a European perspective.

Category

  • Ambassador’s Corner
  • Belgium News
  • Brussels
  • Commission
  • Council
  • Culture and Society
  • Diplomacy
  • Economy
  • EU Institutions
  • Europe
  • Europe With Transparency
  • Features
  • In Depth
  • Member States
  • Middle East Eye
  • Opinion
  • Our pick
  • Parliament
  • Place de la Bourse
  • Southeast Europe
  • Sustainable Perspective
  • The American Angle
  • The Macro-Economist
  • Uncategorised
  • US Elections
  • World

More info

  • About Us
  • Advertising
  • Cookies Policy
  • Contact Us
  • FAQ
  • Jobs

Brussels Morning Newspaper - All Rights Reserved © 2020

No Result
View All Result
  • Home
  • About Us
  • EU Institutions
    • Parliament
    • Commission
    • Council
  • Europe
  • World
  • Member States
  • Economy
  • Culture and Society
  • In Depth
    • Ambassador’s Corner
    • Europe With Transparency
    • Place de la Bourse
    • The Macro-Economist
    • Sustainable Perspective
    • The American Angle
    • Southeast Europe
  • Print Magazine

Brussels Morning Newspaper - All Rights Reserved © 2020

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT