Major arms sales flat in 2016-20 for first time in more than a decade | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Monday
July 14, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
MONDAY, JULY 14, 2025
Major arms sales flat in 2016-20 for first time in more than a decade

Global Economy

Reuters
15 March, 2021, 08:45 am
Last modified: 15 March, 2021, 08:48 am

Related News

  • Arms, drugs recovered from ex-AL woman MP’s Satkhira home, son detained
  • US approves $3.5b missile sale to Saudis
  • Trump poised to offer Saudi Arabia over $100 billion arms package, sources say
  • India offers cheap loans for arms, targeting Russia's traditional customers
  • Amid truce concerns, US plans emergency $3 billion Israel arms deals

Major arms sales flat in 2016-20 for first time in more than a decade

It was the first time since 2001–2005 that the volume of deliveries of major arms between countries - an indicator of demand - did not increase from the previous five year period

Reuters
15 March, 2021, 08:45 am
Last modified: 15 March, 2021, 08:48 am
Major arms sales flat in 2016-20 for first time in more than a decade

International deliveries of arms were flat in the period 2016-2020, ending more than a decade of increases, the Stockholm International Peace Research Institute (SIPRI) said in a report on Monday.

The United States, France and Germany - three of the world's biggest exporters - increased deliveries, but falls in exports from Russian and China offset the rise, SIPRI said.

It was the first time since 2001–2005 that the volume of deliveries of major arms between countries - an indicator of demand - did not increase from the previous five year period, SIPRI said.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

While the pandemic has shut down economies across the world and pushed many countries into deep recessions, SIPRI said it was too early to tell whether the slowdown in arms deliveries was likely to continue.

"The economic impact of the Covid-19 pandemic could see some countries reassessing their arms imports in the coming years," Pieter Wezeman, senior researcher with the SIPRI Arms and Military Expenditure Programme, said in a statement.

"However, at the same time, even at the height of the pandemic in 2020, several countries signed large contracts for major arms."

The United Arab Emirates, for example, recently signed an agreement with the United States to purchase 50 F-35 jets and up to 18 armed drones as part of a $23 billion package.

Middle Eastern countries accounted for the biggest increase in arms imports, up 25% in 2016–20 from 2011–15.

Saudi Arabia, the world's biggest arms importer, increased its arms imports by 61% and Qatar by 361%.

Asia and Oceania were the largest importing regions for major arms, receiving 42% of global arms transfers in 2016–20. India, Australia, China, South Korea and Pakistan were the biggest importers in the region.

"For many states in Asia and Oceania, a growing perception of China as a threat is the main driver for arms imports," said Siemon Wezeman, Senior Researcher at SIPRI, said.

Top News / World+Biz

Arms sale / Arms sales / Stockholm International Peace Research Institute (SIPRI) / Global Arms Market / Global arms sales / Arms Business / Arms industry / Arms

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • TBS Sketch
    Framework agreement: What experts say about US 'security concerns' regarding Bangladesh
  • Representational image. Photo: Mohammad Minhaj Uddin/TBS
    Navy-run Dry Dock takeover boosts Ctg Port container handling, daily avg up 7%
  • BNP Secretary General Mirza Fakhrul Islam Alamgir speaks at a book unveiling event in Dhaka on 13 July 2025. Photo: Collected
    Fakhrul alleges conspiracy to eliminate Tarique from politics

MOST VIEWED

  • RAB Director General AKM Shahidur Rahman speaks at the press briefing on a fake bomb threat on Biman Bangladesh flight on Saturday, 12 July 2025. Photo: TBS
    Mother faked bomb threat on Biman flight to stop married son from flying with girlfriend: RAB
  • Bangladeshi garment workers make clothing in the sewing section of a factory in Gazipur, Bangladesh, April 9, 2025. Photo: REUTERS/Mohammad Ponir Hossain/File Photo
    Some Walmart garment orders from Bangladesh on hold due to US tariff threat
  • Infographic: TBS
    Dollar price plummets by Tk2.9 in a week as demand wanes
  • From Gulf to Southeast Asia, why Bangladeshis are facing visa denials
    From Gulf to Southeast Asia, why Bangladeshis are facing visa denials
  • Bangladesh and US hold tariff talks on 11 July 2025. Photo: CA Press Wing
    Dhaka, Washington yet to agree on 20% of US tariff conditions: BGMEA
  • Energy Adviser Fouzul Kabir Khan speaking about tariff negotiations with United States on 13 July 2025. Photo: TBS
    US wants a framework agreement with Bangladesh that includes their security concerns: Fouzul

Related News

  • Arms, drugs recovered from ex-AL woman MP’s Satkhira home, son detained
  • US approves $3.5b missile sale to Saudis
  • Trump poised to offer Saudi Arabia over $100 billion arms package, sources say
  • India offers cheap loans for arms, targeting Russia's traditional customers
  • Amid truce concerns, US plans emergency $3 billion Israel arms deals

Features

Photo: Collected

Grooming gadgets: Where sleek tools meet effortless styles

9h | Brands
The 2020 Harrier's Porsche Cayenne coupe-like rear roofline, integrated LED lighting with the Modellista special bodykit all around, and a swanky front grille scream OEM Plus for the sophisticated enthusiast looking for a bigger family car that isn’t boring. PHOTO: Ahbaar Mohammad

2020 Toyota Harrier Hybrid: The Japanese Macan

1d | Wheels
The showroom was launched through a lavish event held there, and in attendance were DHS Motors’ Managing Director Nafees Khundker, CEO Imran Zaman Khan, and GMs Arman Rashid and Farhan Samad. PHOTO: Akif Hamid

GAC inaugurate flagship showroom in Dhaka

1d | Wheels
After India's visa restriction, China's Kunming is drawing Bangladeshi patients

After India's visa restriction, China's Kunming is drawing Bangladeshi patients

2d | Panorama

More Videos from TBS

When the Threat Is Inside the White House

When the Threat Is Inside the White House

3h | Others
Shooting in Pallabi: What the police are saying

Shooting in Pallabi: What the police are saying

5h | TBS Stories
News of The Day, 13 JULY 2025

News of The Day, 13 JULY 2025

7h | TBS News of the day
Countries where Bangladeshis are not getting positive responses to their visa applications

Countries where Bangladeshis are not getting positive responses to their visa applications

6h | TBS Stories
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net