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Russian Arms Sales Declining

According to new data released yesterday by the Stockholm International Peace Research Institute, sales of arms and military services by the industry’s 100 largest companies totaled $531 billion in 2020—an increase of 1.3% compared with the previous year.

Nevertheless, the combined arms sales of Russian companies ranked in the Top 100 decreased from $28.2 billion in 2019 to $26.4 billion in 2020—a 6.5% decline. This marks a continuation of the downward trend observed since 2017.

Some of the sharpest declines in the top100 are also recorded by Russian companies. Important numbers by countries:

USA - $285bln, +1.9%
China – $66.8bln, +1.5%
Europe – $109bln
Britain – $37.5bln, +6.2%
Germany – $8.9bln, +1.3%
Russia – $26.4bln, -6.5%.

According to Swedish analysts, the Russian decline coincided with the end of the State Armament Program 2011–20 and pandemic-related delays in delivery schedules.

Almaz-Antey and United Shipbuilding Corporation saw their arms sales fall by 31% and 11%, respectively.

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25.4K viewsDec 9, 2021 at 08:56

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Create: 2021-12-09
Last Update: 2025-09-04 05:49:34

Russian Arms Sales Declining

According to new data released yesterday by the Stockholm International Peace Research Institute, sales of arms and military services by the industry’s 100 largest companies totaled $531 billion in 2020—an increase of 1.3% compared with the previous year.

Nevertheless, the combined arms sales of Russian companies ranked in the Top 100 decreased from $28.2 billion in 2019 to $26.4 billion in 2020—a 6.5% decline. This marks a continuation of the downward trend observed since 2017.

Some of the sharpest declines in the top100 are also recorded by Russian companies. Important numbers by countries:

USA - $285bln, +1.9%
China – $66.8bln, +1.5%
Europe – $109bln
Britain – $37.5bln, +6.2%
Germany – $8.9bln, +1.3%
Russia – $26.4bln, -6.5%.

According to Swedish analysts, the Russian decline coincided with the end of the State Armament Program 2011–20 and pandemic-related delays in delivery schedules.

Almaz-Antey and United Shipbuilding Corporation saw their arms sales fall by 31% and 11%, respectively.

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Date: 2025-09-04|

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