Top 20 Arms Sales / Country 2023/4

Source: STOCKHOLM INTERNATIONAL 
PEACE RESEARCH INSTITUTE

The independent resource on global security

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South Korea, Russia, Germany show significant increases. When we get 2025 data this trend will show even more of a shift to Europe, Asia reflecting NATO fracturing, and countries that support all growth (Korea).

Why it matters: This will create shifts in investment choices and NATO structure, so worldwide implications. This is largely driven by US focus on own self interests and increasingly Israel lobby (AIPAC) influence on foreign policy with intended and untended consequences this brings.

It remains to be seen whether this structural shift holds up during and post US mid term elections in November.

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