Russian arms exports up 37% over past five years but trails US – SIRRI

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Russian arms exports: Russian exports of weapons grew by 37% between 2010 and 2014 and, although this was a faster rate of increase than the 23% recorded by the US, its North American rival still controls 31% of the market compared to Russia’s 27%. Although still a long way behind the two leaders, is coming up fast on the inside and increased exports by 143% over the same period, according to a report from the Stockholm International Peace Research Institute (SIRRI). In the past five years, Russia has supplied weapons to 56 countries with 60% of all sales going to India  ($8.2 billion), Algeria ($4.7 billion) and China ($3.5 billion). Overall, the world’s five largest importer of arms were India, Saudi Arabia, China, United Arab Emirates (UAE) and Pakistan. European imports of military goods decreased by 36% to 12% of the global total compared to the previous five-year period. 

Source: Vedomosti