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Market Share Of The World’s Biggest Arms Importers Between 2014 to 2018, By Nation

Saudi Arabia was the biggest arms importer from 2014-18, which accounted for 12 percent of the total imports during the period leaving behind India. India was the world’s second largest importer of major arms in 2014-18 and accounted for 9.5% of the global total.

To identify the biggest arms importers in the world, CEOWORLD magazine studied the 10 countries with the highest shares of global arms imports in the five year period 2014-18 using the latest data provided by the Stockholm International Peace Research Institute (SIPRI). After eight years of holding the position of the biggest importer of of major arms, India has been superseded by Saudi Arabia and dropped down to become the world’s second largest importer of weapons.

The data below shows the market share in the import of conventional weapons by nation in the years from 2014 to 2018.

Market share Of The world’s Biggest Arms Importers Between 2014 to 2018, By Nation:

1. Saudi Arabia
Percentage of conventional weapon imports: 12%

2. India
Percentage of conventional weapon imports: 9.5%

3. Egypt
Percentage of conventional weapon imports: 5.1%

4. Australia
Percentage of conventional weapon imports: 4.6%

5. Algeria
Percentage of conventional weapon imports: 4.4%

6. China
Percentage of conventional weapon imports: 4.2%

7. United Arab Emirates
Percentage of conventional weapon imports: 3.7%

8. Iraq
Percentage of conventional weapon imports: 3.7%

9. South Korea
Percentage of conventional weapon imports: 3.1%

10. Vietnam
Percentage of conventional weapon imports: 2.9%

Market share in the import of major arms between 2014 to 2018, by nation

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Dr. Amarendra Bhushan Dhiraj
Dr. Amarendra Bhushan Dhiraj is the CEO and editorial director at CEOWORLD magazine, the leading global business magazine written strictly for CEOs, CFOs, top managers, company directors, investors, senior executives, business leaders, and high net worth individuals.
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