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Significance
Selling mainly to non-US allies in Asia and North Africa, Russia has been the world's second-largest arms exporter after the United States for the last decade. The 2020 dip seems attributable to COVID-19 disruption having slowed deliveries to China and India. US sanctions might also have had some effect.
Impacts
The path of global recovery will influence Russian arms sales: lower-income countries are in a worse position than rich ones.
New sales to Myanmar will signal Moscow's political support for the military junta.
Import substitution efforts to mitigate Western sanctions are still slow and may lead to shortages that impede production and exports.
Keywords:
Russia,
RUCIS,
Africa,
Algeria,
China,
Egypt,
India,
Indonesia,
Myanmar,
South-east Asia,
Turkey,
economy,
industry,
international relations,
aerospace,
arms,
defence,
foreign policy,
foreign trade,
military,
Aerospace & defence
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2021
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