Russia’s and China’s Failing Arms Exports

Commentary
Every year, the Stockholm International Peace Research Institute (SIPRI) releases its annual report on the global arms trade. It is a short document (just 12 pages) but a worthwhile read. In particular, it is chockablock with useful data on international arms transfers.
In the first place, for example, the volume of overall arms exports for the five-year period 2018–2022 is down from the previous five years (2013–2017). Countries like the United States, France, and Italy have seen their shares of the global arms market rise considerably, while South Korea is becoming a major player in the international arms bazaar, outselling Israel, Turkey, and Sweden….