Russia’s Arms Trade Decline: Who Is Stepping In to Fill the Gap? 🔫

Russia was once a dominant force in the global arms trade, supplying weapons to countries worldwide. But now, its share of the market is collapsing. A new report shows a shocking 64% drop in just five years, falling from 21% to only 7.8%!<br /><br />Why is this happening? The war in Ukraine is draining Russia’s military resources, sanctions are crippling its production, and outdated Soviet-era designs can’t compete with modern Western weapons. Even its biggest buyers, like China and India, are now making their own weapons instead of buying from Moscow.<br /><br />Meanwhile, the U.S., France, South Korea, and other countries are rising as major arms suppliers, leaving Russia behind. Could this be the beginning of the end for Russia’s arms industry?<br />WooGlobe Ref : WGA594534<br />For licensing and to use this video, please email licensing@wooglobe.com