The Limited Times

Now you can see non-English news...

France, 3rd world arms exporter

2022-03-23T19:16:20.401Z


The United States remains number one, and Russia number two. France has become the 3rd largest arms exporter over the period 2017-2021, according to the reference report from the Stockholm Institute (Sipri). France is, with the United States, by far the world leader with 39% of the world market (compared to 32% five years earlier). And the country whose international military sales have increased the most. The tricolor market share increased from 6 to 11% o


France has become the 3rd largest arms exporter over the period 2017-2021, according to the reference report from the Stockholm Institute (Sipri).

France is, with the United States, by far the world leader with 39% of the world market (compared to 32% five years earlier).

And the country whose international military sales have increased the most.

The tricolor market share increased from 6 to 11% over the period.

India, Qatar and Egypt, three client countries of the Rafale combat aircraft, concentrated 56% of French exports between 2017 and 2021.

Behind the United States, Russia (19% compared to 24% over the previous period) is in second place, but its sales are constantly falling (-26% between 2017 and 2021; as much between 2012 and 2016).

Russia's isolation since its invasion of Ukraine and the consequences of Western sanctions risk further penalizing its arms industry.

According to Sipri, it is likely that the United States will put pressure on traditional Moscow customers such as Egypt or Algeria to stop their Russian imports.

Read also

Éric Trappier: “The Rafale is France winning!”

China (4.6%) and Germany (4.5%) are in a pocket handkerchief, in 4th and 5th place in the ranking of the 60 arms exporting countries.

The top five countries accounted for 77% of international sales.

In total, notes Sipri, international sales of military equipment fell by 4.6% over the period 2017-2021 compared to the previous five-year period.

But they are up by 3.9% compared to the period 2007-2011.

This upward trend is expected to continue in the years to come as countries raise their level of defense in an increasingly dangerous and uncertain world.

Source: lefigaro

All news articles on 2022-03-23

You may like

Life/Entertain 2024-02-13T11:51:14.717Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.