Bloomberg News

Russian Weapons Orders Reach $37.3 Billion, Export Agency Says

February 13, 2013

Russia sold $12.9 billion to about 60 nations last year, with total orders amounting to $37.3 billion, state-run Rosoboronexport arms trader said.

The Asia-Pacific region accounted for 43 percent of Russia’s arms sales last year, compared with 23 percent exported to the Middle East, Latin America’s 18 percent, a 12 percent share for the Commonwealth of Independent States and Africa’s 1 percent, Rosoboronexport Chief Executive Officer Anatoly Isaikin told reporters in Moscow today.

Russia is conducting talks on resuming arms sales to Libya, and the prospects for new shipments are “not bad,” he said. Russia is “dilligently” complying with United Nations Security Council sanctions on exporting weapons to Iran, according to Isaikin.

Syria is the 13th or 14th biggest buyer of Russian arms, he said, adding that Russia hasn’t sold helicopters or any aircraft to the Middle Eastern country in recent years.

To contact the reporter on this story: Stepan Kravchenko in Moscow at skravchenko@bloomberg.net

To contact the editor responsible for this story: Paul Abelsky at pabelsky@bloomberg.net


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