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Defence – Import

India, Saudi Arabia, UAE, China and Algeria have emerged as the top importers of arms and military services during the five year period of 2012-2016, as per SIPRI report. These countries accounted for 34 percent of all global imports with India leading with 13 percent for all arms imports, spending $55,923 million. However, India arms sales declined by 1.2 percent in 2016 as compared to 2015. India purchased 14 percent of arms and military service from US and 68 percent from Russia during 2012-2016. The US emerged as largest exporter with share of arms sales of 33 percent followed by Russia with 23 percent. The overall volume of transfers of major weapons in 2012–16 was 8.4 percent higher than in 2007–11.

http://www.firstpost.com/world/india-saudi-arabia-emerge-as-largest-importers-of-arms-us-china-lead-in-defence-expenditures-4252683.html

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