Egypt
Egypt’s arms imports were $701 million in 2022. The Stockholm International Peace Research Institute (SIPRI) says that Egypt is the world’s sixth largest arms importer.
- Egypt’s main military weapon imports come from the Russia and Poland. In 2021, Egypt approved 313 arms exports licenses.
- Egypt’s military industry produces defense and security products, including small arms, armored vehicles, and naval vessels.
- The country’s considerable arms imports are determined by several causes, including its historical role as a regional power, participation in peacekeeping missions, and a desire to maintain a strong defense stance in the face of regional instability.
- The country’s defense purchasing strategy is impacted by geopolitical factors such as its peace treaty with Israel, counterterrorism efforts in the Sinai Peninsula, and fears about regional instability.
Top 10 Largest Arms Importers in the World
In the last five years, India accounted for the largest share of global arms imports (11%), followed by Saudi Arabia (9.6%), Qatar (6.4%), Australia (4.7%), and China (4.7%), according to data released by the Stockholm International Peace Research Institute (SIPRI). It is a think tank that monitors imports of weapons over five years.
In this article, we will look into the list of the top 10 arms importer countries in the world along with the percentage of share of global arms imports and the major suppliers.