The German Federal Ministry of Economics and Technology has released the figures for arms exports of the Federal Government for the first 9 months of the year 2020. On the top of the list of recipients of German weapons was Egypt with an export volume of 585.9 million euros so far this year.
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In the first nine months of this year, the federal government approved arms exports for 4.13 billion euros, around a third less than in the same period last year. in 2019, arms exports in the first nine months of the year were worth 6.35 billion euros, indicating a decrease of more than 2 billion euros this year.
These figures for the third quarter of 2020 were announced by the Federal Ministry of Economics at the request of the left-wing foreign policy expert Sevim Dagdelen.
From January to September, the main recipient of German war weapons has been Egypt with an export volume of 585.9 million euros. In the third quarter alone this year, export permits totaling 295 million euros were issued for Egypt.
Thyssenkrupp Marine Systems (tkMS) is supplying the North African country with submarines. Just two weeks ago, the company's fourth boat with Nile water was christened “S44” at the company's Kiel shipyard in the presence of the Egyptian naval chief.
Nearly half of German arms exports go to countries third countries - i.e. that do not belong to NATO or the EU and are not treated as such.
In its World Military Expenditure 2019 report, Stockholm International Peace Research Institute (SIPRI) said that Germany’s military spending rose by 10% in 2019, to $49.3 billion. This was the largest increase in spending among the top 15 military spenders in 2019. According to SIPRI, Germany lead military expenditure increases in Europe in 2019.
