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Europe’s arms imports nearly double, France overtakes Russia as world’s second-largest exporter

euronews.com

European countries have nearly doubled their arms imports between 2014-2018 and 2019-2023, boosting their purchases by 94% in the period observed, according to a new study by the Stockholm International Peace Research Institute (SIPRI).

Much of this increase was due to the transfers of arms to Ukraine, which is still fighting off the Russian invasion and which, between 2022 and 2023, received 23% of the region’s arms import in 2019-2023.Two European countries - France and Italy - have also significantly stepped up their exports in the same period, finding willing buyers in Europe, Asia and the Middle East.Perhaps surprisingly seeing the current situation in Europe and the rest of the world, with the conflicts in Ukraine and Gaza, the global volume of international arms transfers fell slightly by 3.3% between 2014-2018 and 2019-2023.The largest importer in Europe was by far Ukraine, which accounted for 23% of all Europe’s imports between 2019 and 2023.

The next biggest importers were the UK (11% of all European imports) and the Netherlands (9.0%).A majority of 55% of the arms imports by European countries between 2019-2023 came from the US, whose exports to Europe were up 35% compared to the previous timeframe analysed, 2014-2018.

Other major arms imported to Europe between 2019 and 2023 came from Asia, Oceania and the Middle East.“Many factors shape European NATO states’ decisions to import from the USA, including the goal of maintaining trans-Atlantic relations alongside the more technical, military and cost-related issues,” SIPRI Director Dan Smith explained in a press release. “If trans-Atlantic relations change in the coming years, European states’ arms procurement policies may also be modified.”The next largest

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