SIPRI: Russia 2nd largest arms exporter.

By bne IntelliNews March 20, 2012
In the period of 2007 to 2011 Russia remained world's second largest arms exporter after USA, Stockholm International Peace Research Institute reports. Share of the US on the global arms market makes 30%, while Russia's share stands at 24%, followed by Germany (9%), France (8%) and Great Britain (4%). Russia's share improved from 23% in 2005-2009, but declined as compared to 31% in 2000-2004. Russia increased the volume of military exports by 12% in 2007-2011 (US by 24%, Germany by 37%). India, South Korea, Pakistan and China are main military importers, with 10%, 6%, 5% and 4% shares in global arms imports, respectively. Notably, Russia's share on the Indian and Chinese market stands at 80% and 76%.

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