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Russia Drops to Third in Arms Trade as Exports Plunge
Newsweek ^ | 10 March 2024 | David Brennan

Posted on 03/11/2024 2:35:42 PM PDT by Cronos

Russia's once-potent arms export industry is collapsing amid the pressures of its war on Ukraine and a struggling economy, according to new data released by the Stockholm International Peace Research Institute (SIPRI) on Sunday.

The organization's annual update of the arms industry saw Russia fall to third place—behind France and the U.S.—among the globe's largest weapons exporter.

Overall, Russia's arms exports fell by 53 percent from 2014–18 to 2019–23. "The decline has been rapid over the course of the past five years," SIPRI's release noted, adding that Russia's number of significant customers has fallen from 31 to 12 nations over this period

European countries have nearly doubled their arms imports between 2014-2018 and 2019-2023, boosting their purchases by 94% in the period observed, according to a new study by the Stockholm International Peace Research Institute (SIPRI).

(Excerpt) Read more at newsweek.com ...


TOPICS: Business/Economy; Foreign Affairs; Russia
KEYWORDS: donatenow; jimknows; weknow
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1 posted on 03/11/2024 2:35:42 PM PDT by Cronos
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To: Cronos

“Russia Drops to Third in Arms Trade as Exports Plunge”

Given that the Russians dropped an M-1 TANK on a SINGLE SHOT from a T-72, I doubt they need to worry much about orders coming in.


2 posted on 03/11/2024 2:41:08 PM PDT by BobL (Trump gets my vote, even if I have to write him in; Millions of others will do the same)
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To: Allegra; AndyJackson; ANKE69; bimboeruption; dforest; doorgunner69; fireman15; grey_whiskers; ...
Multiplezeepers-2

(((PING!)))

To be added to the zeeper follies pinglist, ping me bro... we need laughter!

3 posted on 03/11/2024 2:42:40 PM PDT by aMorePerfectUnion
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To: Cronos

Ruzzia needs their own weapons for the march to Poland.


4 posted on 03/11/2024 2:50:55 PM PDT by JonPreston ( ✌ ☮️ )
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To: Cronos
Um, oookkkaayyy...

So they're not EXPORTING anything because they're KEEPING IT ALL FOR THEMSELVES to use in Ukraine...

What a stupid article.
5 posted on 03/11/2024 2:51:02 PM PDT by BikerJoe
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To: Cronos

Could it be because RuZZZZia is using its own weapons at the front? I think so.


6 posted on 03/11/2024 2:52:23 PM PDT by wildcard_redneck (He who sacrifices freedom for security deserves neither.)
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To: JonPreston

So you admit that you Russians always aimed to invade NATO countries


7 posted on 03/11/2024 2:56:57 PM PDT by Cronos (I identify as an ambulance, my pronounces are wee/woo)
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To: BikerJoe

They are not exporting as countries aren’t buying Russian weapons. Looking at Russia poor showing in Ukraine, no one wants to pay anything for Russian junk


8 posted on 03/11/2024 2:58:05 PM PDT by Cronos (I identify as an ambulance, my pronounces are wee/woo)
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To: BobL

Nah, that was false Russian propaganda. You got that from the Kremlin ministry of Truth or something like it


9 posted on 03/11/2024 2:59:37 PM PDT by Cronos (I identify as an ambulance, my pronounces are wee/woo)
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To: Cronos

Oh, oh. More bad news for Russia. So, is Russia losing or are they planning the conquest of Europe? You Zeepers can’t have it both ways.


10 posted on 03/11/2024 3:06:44 PM PDT by Right Brother (Pray for God's intervention to stop UMCRevMom's invasion of Free Republict)
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To: Cronos

It’s hard to export arms for a profit when you are sending to ukraine for free.


11 posted on 03/11/2024 3:07:14 PM PDT by farmguy ( )
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To: Cronos; JonPreston
So you admit that you Russians always aimed to invade NATO countries

Zeepers love their silly “So…” posts.


12 posted on 03/11/2024 3:07:48 PM PDT by Allegra (Does this tagline make my brain look smaller? 🇺🇦 Слава Україні! 🇺🇦 CCCP 2.0 Derp, derp…)
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To: aMorePerfectUnion

I see the evening propaganda shift is clocking in…


13 posted on 03/11/2024 3:09:42 PM PDT by Allegra (Does this tagline make my brain look smaller? 🇺🇦 Слава Україні! 🇺🇦 CCCP 2.0 Derp, derp…)
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To: Allegra

I noticed that too~!


14 posted on 03/11/2024 3:11:51 PM PDT by aMorePerfectUnion
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To: Right Brother

15 posted on 03/11/2024 3:12:39 PM PDT by aMorePerfectUnion
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To: Allegra

Truth!!


16 posted on 03/11/2024 3:12:59 PM PDT by aMorePerfectUnion
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To: Cronos

Nothing wrong with a Saab.


17 posted on 03/11/2024 3:14:41 PM PDT by Sirius Lee (Tonight on The Bickersons... )
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To: BobL

“Given that the Russians dropped an M-1 TANK on a SINGLE SHOT from a T-72, I doubt they need to worry much about orders coming in.”

The tank they destroyed was an export model that does not have the advanced armor of the ones used by the US. I suppose they’re calling it an M1 for marketing, but it really isn’t. It should be called something else as the only commonality is the electronics and engine. Also, I didn’t see if the crew of the Abrams survived. But they had a much better chance at survival than any Russian crew. The shells, which are stowed in the tank with the crew on Russian models, are in a separate armored container on the M1 and that container has blowout panels.


18 posted on 03/11/2024 3:15:07 PM PDT by Gen.Blather (Wait! I said that out loud? )
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To: aMorePerfectUnion

😂 So true!


19 posted on 03/11/2024 3:19:41 PM PDT by Right Brother (Pray for God's intervention to stop UMCRevMom's invasion of Free Republict)
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To: Cronos
Russia's once-potent arms export industry is collapsing amid the pressures of its war on Ukraine and a struggling economy,

Overall, Russia's arms exports fell by 53 percent from 2014–18 to 2019–23.


The SMO started in 2022, the decline started in 2019. It is hard to conclude that the war and economic conditions caused a decline that started three years before they started.
20 posted on 03/11/2024 3:22:55 PM PDT by yuleeyahoo (“Pay no attention to the man behind the curtain!” - the deep-state)
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