img
White City, 9°C
Time Logo
  • Sign up
  • Subscription
0
  • Newest
  • Politics
  • Economy
  • Society
  • The World
  • 2026 Elections
  • Culture
  • Mozaik
  • Comment
  • Printed edition
  • Archive
  • Newsletter
  • Podcast
  • Newest
  • Politics
  • Economy
  • Society
  • The World
  • 2026 Elections
  • Culture
  • Mozaik
  • Comment
  • Printed edition
  • Archive
  • Newsletter
  • Podcast

Latest Edition

Add to cart

The arms race

Serbia is 37th in the world in terms of arms imports, over 60 percent of purchases come from China

March 09, 2026, 14:12 p.m IN THE
Soldiers Ministry of Defense
Illustration / Serbian Army
Copied

According to the latest report by the Stockholm International Peace Research Institute (SIPRI), Serbia ranked 37th on the list of the world's largest arms importers in the period 2021-2025. Most of the weapons come from China

On the list of 40 leading world importers weapons, Serbia was also in 37th place, while Ukraine was in first place, the newly published report of the Stockholm International Peace Research Institute (SIPRI) showed.

Serbia's share in the world import weapons was increased in the period 2021-2025. to 0,6 percent from 0,2 percent in the period 2016-2020, i.e. 195 percent.

61 percent of Serbia's arms imports come from China, 12 percent from France, and seven percent from Russia.

Serbia ranks 37th in the world in terms of the amount of weapons imported
Photo: Printscreen / sipri.org
Type list of world arms importers
Ukraine – a world leader

The world's largest arms importer is Ukraine, whose share in global imports is 9,7 percent, followed by India with 8,2 percent and Saudi Arabia with 6,8 percent, data from the Stockholm Institute show.

It further states that European countries are the biggest recipients of weapons as they have more than tripled their imports in the period 2021-2025. compared to the previous five years.

The report also showed that the export of the USA, the world's largest arms supplier, increased by 27 percent in the observed period, and that the growth of deliveries to Europe was 217 percent.

Institute program director Matthew George said that while tensions and conflicts in Asia and Oceania and the Middle East fuel large-scale arms imports, a surge in shipments to European countries has increased global arms traffic by nearly ten percent.

"Deliveries to Ukraine from 2022 are the most obvious factor, but most other European countries have also started importing significantly more weapons to bolster their military capabilities due to the perceived growing threat from Russia," George said.

Production of weapons and ammunition
Photo: FoNet
Plant in Krušik

France, Russia, Germany, Italy, Israel, Great Britain are on the list of the world's leading arms suppliers after the USA.

At the same time, Russia is the only one among the ten leading arms suppliers that reduced exports by 64 percent. The country's share in global exports fell to 6,8 percent in the period 2021-2025. with 21 percent in the previous five-year period.

The institute also states that, after Ukraine, the largest importers of weapons in Europe were Poland and Great Britain.

In the Asia and Oceania region, the volume of arms imports decreased by a fifth in the previous five years compared to 2016-2020, led by a drop in Chinese imports by 72 percent, South Korean imports by 54 percent, and Australian imports by 39 percent.

In the Middle East as well, the import of weapons decreased by 13 percent in the observed period, but the import of Israel, 14th among the world's leading importers, increased by 12 percent.

Source: Beta

Tags:

Import China Rusija Weapon SIPRI
Copied

In between

What is happening in the country and the world, what is in the newspapers and how to pass the time?
Every Wednesday at noon In between arrives by email. It's a pretty solid newsletter, so sign up!

More from the Economy section
Alta banka and red and white balloons and an ATM

Analyze

03.November 2026 Marija L. Jankovic

Alta banka: Progressive elephant, banking fly

Can Alta bank disrupt the financial system of Serbia? What messages does the introduction of bankruptcy send - should we trust banks and which ones?

Economy

03.November 2026 B. B.

Belgrade Waterfront: We operate without disruption

The situation regarding Alta Bank does not threaten the regular operations of Belgrade Waterfront

News

03.November 2026 M.T.

Intesa Invest: "Investors will make a profit, regardless of Alta banka"

Intesa Invest claims that the impact of Alta Bank's collapse on its money funds is limited and one-time. The funds operate regularly, and the issuance and redemption of investment units take place smoothly.

Alta Bank in Belgrade

High bank

03.November 2026 MLJ

A well-known bank that will pay out money to Alta's clients

Which bank, from when and in what period of time, will pay out money to the depositors of Alta Bank, for which the Commercial Court in Belgrade issued a decision on the initiation of bankruptcy proceedings.

Alta banka and red and white balloons and an ATM

Banking

02.November 2026 Marija L. Jankovic

Russian woman for "Vreme": Escaped from Putin's tycoons, Davor Matsura awaited them

Clients of Alta Bank in Serbia no longer have access to their accounts. Among them are many Russians. When will they be able to get their money? Will they have to say goodbye to sums greater than 50.000 euros?

Comment

Comment

Vučić's pardons: It is time to abolish the sultan's powers

Vučić pardoned the batterers and Dijana Hrkalović. The election winners should abolish the sultan's power that allows one man to run afoul of the entire judicial system

Nemanja Rujevic
Alta Bank in Belgrade

Comment

The ALTA Empire and the Apprehension of Matsura: An Operation in the Open Heart of a Corrupt Regime

Davor Matura's ALTA empire is the transplanted heart of the corrupt regime of Aleksandar Vučić, who was defeated in the October 25 elections. From ALTA Bank, roads lead directly to the top of the progressive government.

Andrei Ivanji
Student List celebrates victory

Comment

Serbia after the elections: Instructions for the impatient

Things are unfolding at an astonishing speed, as astonishing as the speed with which Vucic conceded a convincing defeat. Impatience is understandable, but misplaced

Ivan Milenkovic
See all
Time 1869
Last edition

Election summary

How history was written subscribe
Analyze

What awaits the winner?

Interview: Spasoje Vulević, former commander of the Special Anti-Terrorist Unit

The police must go through a serious reform and lustration

Interview: Aleksandar Baucal, professor at the University of Belgrade, member of parliament

If they have dignity, they will resign

Lines from the polling station

My heart flies like a falcon.

See all

Archive

The archive of the weekly Vreme includes all our digital editions, since the very beginning of our work. All issues can be downloaded in PDF format, by purchasing the digital edition, or you can read all available texts from the selected issue.

See all
Time 1869 28.10 2026.
Time 1868 21.10 2026.
Time 1867 14.10 2026.
Time 1866 07.10 2026.
Time 1865 30.09 2026.
Time 1864 23.09 2026.
Time 1863 16.09 2026.
Time 1862 09.09 2026.
Time 1861 02.09 2026.
Time 1860 26.08 2026.
Time 1859 19.08 2026.
Time 1858 12.08 2026.
Time Logo
  • Editorial office
  • Subscription
  • Marketing
  • Terms of use
  • Newsletter
  • Projects
Follow us:

© 2026 Time, Belgrade. Developed by cubes

Mastercard Teacher visa Dina American Express Understanding WSPAY Visa-Secure Mastercard Secure