War in Ukraine hurts Russia’s arms industry Moscow’s share of global arms exports declined sharply in the most recent five-year period, with sales limited by Western sanctions and the need to reserve arms output for its own war efforts SHARE OF GLOBAL ARMS EXPORTS, 2018-22 (%) U.S. 40% U.S. exports up due to increased spending by European allies – including on F-35 jet fighter – amid perceived threat from Russia Russia 16% Russia: 16% – down from 22% in 2013-17 period France 11% France: 11% – up from 7.1%. Increased sales in Asia, Oceania and Middle East China: 5.2% Germany: 4.2% Italy: 3.8% UK: 3.2% Spain: 2.6% S. Korea: 2.4% Israel: 2.3% Others 9.4% CHANGE IN VOLUME OF EXPORTS BY TOP 10 ARMS EXPORTERS Comparison of periods 2013-17 and 2018-22 (%) U.S. 14 Russia -31 France 44 China -23 Germany -35 Italy 45 UK -35 Spain -4.4 S. Korea 74 Israel -15 -40 -30 -20 -10 0 10 20 30 40 50 60 70 80 Russia: Collapse in exports over last three years, with sales to China and Egypt – two of its biggest markets – falling Source: Stockholm International Peace Research Institute (SIPRI) Picture: Getty Images © GRAPHIC NEWS