Russia’s Arms Exports Reach All-Time High in 2010

1 November 2010 (Last Updated November 1st, 2010 18:30)

Russia's arms exports are expected to reach over $10bn in 2010, the head of Russia's state-run arms exporter, Rosoboronexport, has said. The nation exports its weaponry to 100 countries including India, Algeria, China, Venezuela, Malaysia, Syria and Vietnam. In 2009, arms sales we

Russia's arms exports are expected to reach over $10bn in 2010, the head of Russia's state-run arms exporter, Rosoboronexport, has said.

The nation exports its weaponry to 100 countries including India, Algeria, China, Venezuela, Malaysia, Syria and Vietnam.

In 2009, arms sales were about $8.5bn, including $7.4bn from Rosobornexport, according to RIA Novosti.

Russia faces increasing competition from the US, Germany, France, UK and China in spite of constant expanding arms exports.