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Asia the world's top arms importer

Published online by Cambridge University Press:  07 May 2025

Jim Lobe
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WASHINGTON - Arms merchants from industrialized nations are increasingly finding Asia, which has replaced the Near East as the world's top conventional-weapons market, the place to go, according to a new report by the Congressional Research Service (CRS).

Led by purchases by China and India, the world's most populous region accounted for nearly 50% of the total value of all new armstransfer agreements with developing nations from 2001 through 2004, according to the report. India led the rankings in 2004 by signing US$5.7 billion in new arms deals that year, according to the report, the latest in an annual series.

Type
Research Article
Information
Asia-Pacific Journal , Volume 3 , Issue 9 , September 2005 , e13
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Creative Common License - CCCreative Common License - BYCreative Common License - NCCreative Common License - ND
This is an Open Access article, distributed under the terms of the Creative Commons Attribution-NonCommercial-No Derivatives licence (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is unaltered and is properly cited. The written permission of Cambridge University Press must be obtained for commercial re-use or in order to create a derivative work.
Copyright
Copyright © The Authors 2005