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European arms imports soared in past four years, SIPRI think tank says

Published by Global Banking & Finance Review

Posted on March 9, 2025

3 min read

· Last updated: January 25, 2026

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European arms imports soared in past four years, SIPRI think tank says
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By Simon Johnson STOCKHOLM (Reuters) - European arms imports rose 155% in 2020-24 and Ukraine has become the world's biggest arms importer following Russia's 2022 invasion, according to a report

European arms imports soared in past four years, SIPRI think tank

By Simon Johnson

STOCKHOLM (Reuters) - European arms imports rose 155% in 2020-24 and Ukraine has become the world's biggest arms importer following Russia's 2022 invasion, according to a report released by a leading conflict think tank on Monday.

Data from the Stockholm International Peace Research Institute (SIPRI) showed the United States continued to dominate the global stage, with U.S. companies increasing their share of global arms exports to 43% in 2020-24, from 35% in the 2015-2019 period. U.S. arms exports amounted to about the same share of the global market as the next eight countries combined.

Europe as a whole accounted for 28% of global arms imports from 2020-24, up from 11% between 2015 and 2019, SIPRI said.

Ukraine alone accounted for 8.8% of global arms imports form 2020-24, and just under half of those imports were from the U.S., which under President Donald Trump has paused military aid to Kyiv.

Russia's invasion of Ukraine has led to the biggest confrontation between the West and Russia since the 1962 Cuban Missile Crisis, and the Kremlin and the White House have said missteps could trigger World War Three.

The war has underlined Europe's dependence on U.S. arms although the trans-Atlantic alliance, the foundation of Europe's security strategy since World War Two, is increasingly being questioned.

The U.S. supplied more than 50% of Europe's arms imports from 2020-24, with Britain, the Netherlands and Norway among the top buyers, the SIPRI data showed.

European leaders last Thursday backed plans to spend more on defence following Trump's reversal of U.S. policies.

"With an increasingly belligerent Russia and transatlantic relations under stress during the first Trump presidency, European NATO states have taken steps to reduce their dependence on arms imports and to strengthen the European arms industry," said Pieter Wezeman, Senior Researcher with the SIPRI Arms Transfers Programme.

"But the transatlantic arms-supply relationship has deep roots. Imports from the USA have risen and European NATO states have almost 500 combat aircraft and many other weapons still on order from the USA."

Russian arms exports dropped to 7.8% of the global market in the 2020-24 period, compared to 21% in the previous four-year period, as a result of international sanctions over the war in Ukraine and increased domestic demand for weapons.

Asia and Oceania's arms imports dropped 21%, mainly because of China producing more of its own weapons.

Overall, global arms transfers were roughly at the same level in the 2020-2024 period as in the previous four years, the SIPRI data showed.

(Reporting by Simon Johnson, Editing by Timothy Heritage)

Key Takeaways

  • European arms imports rose 155% from 2020-24.
  • Ukraine became the world's largest arms importer.
  • US arms exports dominated at 43% of the global market.
  • Russia's arms exports fell due to sanctions and domestic demand.
  • European NATO states aim to reduce dependence on US arms.

Frequently Asked Questions

What percentage increase did European arms imports see from 2020-24?
European arms imports rose 155% from 2020-24, according to SIPRI.
Which country became the largest arms importer?
Ukraine has become the world's biggest arms importer following Russia's 2022 invasion.
What role does the US play in Europe's arms imports?
The U.S. supplied more than 50% of Europe's arms imports from 2020-24.
How did Russia's arms exports change during this period?
Russian arms exports dropped to 7.8% of the global market in the 2020-24 period, down from 21% previously.
What are European leaders planning regarding defense spending?
European leaders backed plans to spend more on defense following changes in U.S. policies.

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