Russia increased its arms exports to Europe by 264%

Arms supplies to Europe in 2011-2015 year increased by 264% over previous five year period. Such data are contained in the new report of the Stockholm international Institute of peace studies (SIPRI) trends in world arms exports.

According to its experts, Russian arms deliveries to Europe has increased, mainly due to the sale of arms to Azerbaijan in 2011-2015 amounted to 4.9% of Russia’s total exports, compared with 0.7% in 2006-2010.

Overall, the export of Russian arms over the past five years increased by 28% compared to the previous five year period. However, the volume of sales in 2014 and 2015 were lower than in 2011, 2012 and 2014, analysts said SIPRI.

The report notes that Russia in 2011-2015 year put the arms 50 countries. The biggest buyer of Russian military equipment was India, during this period accounted for 39% of Russian exports. It is followed by China and Vietnam, which accounted for 11%.

At the regional level, the largest buyer of steel in Asia and Oceania (68% of all Russian arms exports), followed by Africa (11%), middle East (8,2) and Europe (6.4 per cent).

Overall, Russia ranks second place among the largest arms suppliers in the world. Her accounts for 25 percent of all global arms exports, the report says. The share of Russia in the world market over the past five years increased by 3%.

The first place to retain the U.S., accounting for 33% of the total world arms exports. This indicator States has also stepped up, increasing its market share by 4%.

Third place is China with a share in the world market 5.9% (+2.3 percent). It is followed by France (5.6%) and Germany (4.7 per cent). These two European countries have reduced their share by 1.5% and 6.3%, respectively.