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India accounts for 10% of global arms imports; South Korea 6%; Pakistan 5%; China 5% and Singapore 4%. China was the largest recipient of arms exports from 2002-06, but it fell to fourth place in 2007-11.
According to a report by IANS, the data uncovered that Asia and Oceania account for 44% of global arms imports, followed by Europe 19%; the Middle East 17% and the Americas at 11%. Africa was the lowest with 9%.
The volume of worldwide arms transfers in 2007-11 was 24% higher than in 2002-06 and the five largest arms importers in 2007-11 were all Asian states.
Between 2002-06 and 2007-11, the volume of Chinese arms exports increased by 95 percent and now China ranks as the sixth largest supplier of arms in the world.
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