The Stockholm International Peace Research Institute (SIPRI) released its latest report on Trends in International Arms Transfer, 2021, released in March 2022, reveals that India and Saudi Arabia had emerged as the largest arms importers of arms between 2017-21, each accounting for 11% of all global arms sales.
Largest Arms Exporters in 2017-21: USA, with 39% share, retained its standing as the world’s largest arms exporters during 2017-21.