Solution:On 22nd February 2016, SIPRI released the annual report, 'Trends in International Arms Transfers' 2015, on the status of the transfer of conventional armaments in the world. According to the report, the top five arms importing countries in the world (and their share in the world's arms imports) in the period 2011-2015 are as follow:1. India (14%), 2. Saudi Arabia (7%), 3. China (4.7%), 4. U.A.E. (4.6%) and 5. Australia (3.6%). According to the SIPRI Year Book 2022 of Trends in International Arms Transfer, 2017-21, the 5 largest exporters in world are-the United States, Russia, France, China and Germany accounted for 77% of total volume of export, while India, Soudi Arabia, Egypt, Australia and China are the 5 largest importer in world in 2017-21. According to Trends in International Arms Transfer, 2023, top five largest exporters were the USA, Frame, Russia, China and Germany. Top 5 largest arms importers in 2019-23 were India, Soudi Arabia, Qatar, Ukraine and Pakistan.