Algeria has been ranked Germany’s second arms consumer with €843 million, followed by Egypt (€651 million). The main buyer is Hungary with an amount amounting to €1.77 billion out of a total volume of €7.95 billion, euronews reported this Saturday.
According to Germany’s ministry of economics, the main buyer was Hungary (€1.77 billion). That is roughly a quarter of all the authorised arms exports. For its part, German opposition politicians have criticised the new record numbers.
Algeria has been ranked fifth among the largest arms importers in the world from 2014 to 2018, according to data from the Stockholm International Peace Research Institute (Sipri).
Armament imports by Algeria account for 4.4% of total world imports during this period. Algeria is only outperformed, in this ranking, by Australia (4.6%), Egypt (5.1%), India (9.5%) and Saudi Arabia (12%) which holds the first spot of the largest arms importer in the world between 2014 and 2018.
The share of Algerian imports in the world between 2014 and 2018 jumped by 55% compared to that of the previous period. Arms imports from Algeria accounted for 3.1% of arms imports worldwide between 2009 and 2013.
Algeria’s top three arms suppliers between 2014 and 2018 are Russia, which accounted for 66% of Algeria’s arms imports in the last five years, China (13%) and Germany ( 10%).