Russia’s 2022 invasion of Ukraine and the ongoing war has driven new arms purchasing in Europe in dramatic fashion, with US manufacturers being the main beneficiaries, according to a new study from the Stockholm International Peace Research Institute (SIPRI).
From 2019 to 2023, the worldwide trade in weapons declined by 3.3% overall from the 2014-18 figures, but the amount of arms imported by European countries in that period doubled compared with the previous five years.
At 55%, the lion’s share of arms sales to European countries came from the United States. This was up 20 percentage points from the previous period.
