Weapons Sales in India increased to 151 USD Million in 2020 from 18 USD Million in 2019. source: SIPRI

Weapons Sales in India averaged 17.37 USD Million from 1959 until 2020, reaching an all time high of 151 USD Million in 2020 and a record low of 0 USD Million in 1987. India Weapons Sales - values, historical data and charts - was last updated on July of 2021.

Weapons Sales in India is expected to reach 44.80 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Weapons Sales is projected to trend around 40.56 USD Million in 2022 and 35.62 USD Million in 2023, according to our econometric models.

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India Weapons Sales

Actual Previous Highest Lowest Dates Unit Frequency
151.00 18.00 151.00 0.00 1959 - 2020 SIPRI TIV Million Yearly

India Trade Last Previous Highest Lowest Unit
Balance of Trade -9370.00 -6280.00 790.00 -20210.90 USD Million [+]
Current Account -8134.78 -2212.23 19083.03 -31857.18 USD Million [+]
Current Account to GDP 0.90 -0.90 2.30 -4.80 percent of GDP [+]
Imports 41870.00 38550.00 48380.00 117.40 USD Million [+]
Exports 32500.00 32270.00 34450.00 59.01 USD Million [+]
External Debt 570000.00 563487.00 570000.00 96392.00 USD Million [+]
Terms of Trade 73.70 73.30 100.00 57.90 points [+]
Foreign Direct Investment 9140.00 2837.00 17689.00 -2881.00 USD Million [+]
Capital Flows -38.46 -166.97 766.97 -822.33 USD Million [+]
Remittances 14035.31 14015.54 16373.32 5999.10 USD Million [+]
Tourist Arrivals 0.00 0.00 1225672.00 0.00 [+]
Gold Reserves 695.31 676.64 695.31 357.75 Tonnes [+]
Crude Oil Production 628.59 618.59 813.00 526.00 BBL/D/1K [+]
Terrorism Index 7.35 7.52 8.09 7.22 [+]
Weapons Sales 151.00 18.00 151.00 0.00 SIPRI TIV Million [+]
Auto Exports 34848.00 19673.00 63693.00 4034.00 units [+]


India Weapons Sales
Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.