(From Economist.com)
THREE-QUARTERS of global arms exports were supplied by just five countries between 2006 and 2010, according to the Stockholm International Peace Research Institute (SIPRI), a think-tank. The volume of such exports rose by almost 25% compared with 2001-05. SIPRI counts the deliveries of large conventional weapons, each of which is assigned a value according to cost, strategic importance and other criteria. The two biggest importers of arms over the past five years, India and China, both bought over 80% of their weapons from Russia. The third- and fourth-biggest importers, South Korea and Pakistan, favoured American-made items.
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