By Asbarez | Thursday, 16 January 2014
Azeri military vehicles on parade in Baku
According to the analysis prepared based on initial reports, Baku spent $1.257 billion on the import of arms and military vehicles in 2013, Azeri news agency APA reports.
In total, the world spent at least $65.98 billion on the purchase of weapons in 2013, the highest number sinnce the cold war.
India tops the list of arms purchases with $9.94 bn. It is followed by Saudi Arabia ($5.33 bn), the UK ($3.63 bn), the UAE ($3.51 bn), the US ($2.5 bn), Kuwait ($2.45 bn), Turkey ($1.73 bn), Taiwan ($1.73 bn), Indonesia ($1.72 bn), and Egypt ($1.63 bn).
In the second top ten of largest arms importers, China ranks 11th with $1.53 bn, followed by Australia ($1.45 bn), Venezuela ($1.30 bn), Singapore ($1.26 bn), Azerbaijan ($1.26 bn), Pakistan ($1.22 bn), Morocco ($1.20 bn), Finland ($1.14 bn), Greece ($1.13 bn), and Brazil ($1.06 bn).
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