A Russian thinktank has predicted that China will be the fourth biggest buyer of weapons from Russia between 2013 and 2016, falling from the second place it held during the 2005 to 2013 period, according to a China Times.
The Center for Analysis of World Arms Trade stated in a report released on Dec. 13 that the top three countries buying arms from Russia for 2013-2016 are likely to be India, Iraq and Vietnam.
The projection forecast that India, Iraq and Vietnam will make arms purchases worth a combined 51.24% of Russia’s total arms sales from 2013-2016, with India accounting for 32.75%, followed by Iraq at 9.87% and Vietnam at 8.92%.
Between 2005 to 2012, Iraq’s share was 0.54%, while Vietnam’s was 4.86%. Over the eight-year period, India, China and Algeria bought the highest percentage of arms from Russia, accounting for 56.42% of Russia’s total arms sales.
A total of 69 countries bought weapons from Russia between 2005 and 2012. India, China and Algeria were followed by Venezuela, Vietnam, Syria, Iraq, Egypt, Azerbaijan and the United Arab Emirates. These latter seven countries accounted for 27.9% of the total, while 59 other countries made up a combined 15.68% of total exports.
(Source: Want Daily, China Times)