“The sanctions have failed to push through the main task of ousting Russia from the world arms market and they have also failed to make our partners turn away from us,” he said. Exports in Russia decreased to 23678 USD Million in July from 24182 USD Million in June of 2020. $4 billion worth of weapons to African countries in 2019, the state arms exporter said. Russia has maintained its arms exports portfolio despite pressure from external sources, Russian officials have said, and the volume of sales should rise in the future. The five largest importers were Saudi Arabia, India, Egypt, Australia and China. Besides pressuring foreign countries, the U.S. is also looking to incentivize the purchase of American-made weapons by offering financial assistance to countries that switch from importing from Russia to importing from the United States. The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Reuters contributed reporting to this article. — Russia’s largest lender Sberbank, VEB and the Russian export center. $20 billion of African countries’ debts that had accumulated during Soviet times. Russia sold $19 billion worth of weapons in 2018, according to a senior official from Rostec, the government-owned industrial giant that includes Russia's monopoly arms exporter in its vast portfolio. — “I believe we can easily at least double the volume of trade within the next four to five years,” he said. Below is a list of military, energy and other deals made between Russia and African countries at the inaugural summit: — Russia signed a contract to supply 12 Mi-35 Hind E attack helicopters to Nigeria. Russia’s arms exports dropped 17 percent between 2014 and 2018 when compared to 2009-2013, contributing to a widening gap with U.S. exports, The state-owned Rostec corporation, which includes the, arms exporter in its vast portfolio, disputed the accuracy of SIPRI's calculations, saying that sales have grown throughout the past decade, RIA Novosti. Key defense exports include the Revell fighter jet and H-90 helicopter Gowind 2500 frigate, … Russia’s arms exports dropped 17 percent between 2014 and 2018 when compared to 2009-2013, contributing to a widening gap with U.S. exports, SIPRI said in the report published Monday. Commenting on the figure, Shugayev added, “Nevertheless, we are retaining this level of $15 billion and will be keeping it and increasing it, doing everything possible for that.”. According to SIPRI, international arms sales increased by almost 8 percent in the latest five-year period. The volume of international transfers of major arms in 2015–19 was 5.5 per cent higher than in 2010–14 and 20 per cent higher than in 2005–2009. Amid a deluge of memoranda of understanding and cooperation agreements, Russia clinched a series of trade agreements with some of the 54 African countries represented at the summit in Sochi. Overall, Rosoboronexport signed an estimated 1,100 contracts worth an estimated $19 billion in 2018, according to Alexander Mikheyev, the deputy head of Rosoboronexport's aviation sector. This article was updated 3:46 p.m. on October 28 to add information about Rosatom's agreement with Rwanda. Anna Arutunyan, senior Russia analyst at the International Crisis Group NGO, tweeted: — “I think what [it] comes down to is Russia exporting sovereignty. “Today Russia confidently holds second place in the world by volume of military and technical cooperation,” Chemezov said, adding that in 2018, the country sold nearly 25 percent more arms than the year before. Last year, Russia surpassed the United Kingdom to become the world’s second-largest arms producer. Six billion US dollars in the last five years Egypt was the biggest importer followed by India and Saudi Arabia the countries. We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Rostec claims that Rosoboronexport, the subsidiary of Rostec State Corporation, increased exports of military products during the five-year period and has developed new partnerships in Asia, the Middle East, Africa and Latin America. — Overall, Russia plans to send $4 billion worth of weapons to African countries in 2019, the state arms exporter said. 's state nuclear company Rosatom is in talks with Ethiopia to build a nuclear power station there. The following types of Russian product shipments represent positive net exports or a trade balance surplus. — An affiliate of Russia’s Rostec conglomerate, the Russian export center, Russia’s Vi Holding industrial group and the African Export-Import Bank agreed to create an interstate platform for mining projects in Africa. “There is no sensation here,” defense analyst Sergei Khatylev said about SIPRI’s report, according to RIA Novosti. "Over the past 18 years, Rosoboronexport has become one of the world’s leaders in the delivery of armaments and military hardware and has achieved record figures,” Chemezov was cited as saying by the state-run TASS news agency on Thursday. In fact, the figure was given by Alexander Mikheyev, the deputy head of Rosoboronexport's aviation sector. — Rosatom also signed an agreement with Rwanda to construct the country's first nuclear science and technology center. It is important to stress that our partners are also under very strong pressure and this is an example of unfair competition, as there are attempts to oust us from traditional markets and prevent us from entering new markets.”, Russia has said that its annual arms exports usually amount to around $15 billion. Last year, Russia shipped units of the system, which is also called the SA-21 Glower by NATO, to China thanks to a $3 billion deal that had been agreed to in 2014. Stockholm International Peace Research Institute The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. was set up in 2000 by Vladimir Putin and has since sold over $50 billion worth of arms, according to Rostec CEO Sergei Chemezov. What experts are saying about the summit's significance: senior Russia analyst at the International Crisis Group NGO, tweeted. It is the sole entity responsible for the supply and export of Russian arms and military equipment abroad. — An affiliate of Russia’s Rostec conglomerate, the Russian export center, Russia’s Vi Holding industrial group and the African Export-Import Bank. Between 2010–14 and 2015–19, there were increases in arms transfers to the Middle East and to Europe, while there were decreases in the transfers to Africa, the Americas and Asia and Oceania. The state-owned Rostec corporation, which includes the Rosoboronexport arms exporter in its vast portfolio, disputed the accuracy of SIPRI's calculations, saying that sales have grown throughout the past decade, RIA Novosti reported Monday. The five largest exporters in 2015–19 were the United States, Russia, France, Germany and China. Figure 1. — Russia lags far behind its geopolitical competitors on this new frontier. The United States' exports were 75 percent higher than Russia’s in 2014–18, while they were only 12 percent higher in 2009–13. Russia’s stated-owned Rostec corporation has already expressed doubts about the veracity of the report, saying that SIPRI’s data regarding the decline in Russian arms exports do not correspond to reality. Sweden Reece / DVIDSHUB / Flickr (CC BY 2.0). The report explained in detail the ups and downs in the volume of international transfers of major arms during those years. The five largest suppliers of arms during that period—the USA, Russia, France, Germany and China—accounted for 75 per cent of all arms exports (see figure 2 and table 1). — Russia's state nuclear company Rosatom is in talks with Ethiopia to build a nuclear power station there. And is not nearly invested enough to want to impose much. Meanwhile, Russian engines still power Chinese military aircraft such as Y-20 transport planes and H-6K bombers. 3. The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. an investment cooperation deal on a regional oil product pipeline in the Republic of the Congo. They're not hiding that.”. In an effort to be in compliance with GDPR we are providing you with the latest documentation about how we collect, use, share and secure your information, we want to make you aware of our updated privacy policy here. We wrote: “In this new section of the defense.info website, we will address…, Marines and Sailors with the 31st Marine Expeditionary Unit led a series of joint-training missions with multiple units in Okinawa, Japan, and other locations in the Indo-Pacific region, March 11-14,…, I have attended the International Fighter Conference for the past two years in Berlin. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country. The rise of Robotics and Autonomous Systems (RAS) in all spheres of warfare has accelerated in recent times to a point where constant revision of tactics and procedures is now common practice. Putin Says Fighting Is Not Taking Place In Territory Of Armenia. Weapons Sales in Russia decreased to 4718 USD Million in 2019 from 6506 USD Million in 2018. Russian arms exports to regions, 2009-2018 Source: SIPRI Arms Transfers Database, 2019. U.S. authorities arrested Vladimir Kuznetsov Tuesday for allegedly mailing rifle parts to Russia in packages of jeans and sneakers. The IMF predicts that the Russian economy will not grow by more than 1.5 percent without structural reforms and because of unfavorable demographics. Who wouldn't. The Kremlin boasted it was winning the race to develop new cutting edge nuclear weapons. its $20 billion trade volume with Africa to the European Union’s $334 billion and China’s $204 billion and said it equals around one-third of the United States’ trade volume. In a nutshell, we are going to sell you cheap weapons, do business deals with you, set up partnerships, all under the umbrella of helping you be strong and independent — and stand up to the West.“, — “The difference with the Soviet, ideologically driven approach is that Russia is not hiding its primary driver — self-interest.