France Emerges as a Leading Global Arms Exporter, Challenging Russia’s Dominance
According to a recent report by the Stockholm International Peace Research Institute (SIPRI), France has seen a significant increase in its share of the global arms trade, while Russia’s position has been affected by various factors, including the ongoing conflict in Ukraine. Between 2018 and 2022, France’s share of the global arms trade rose from 7.1 percent to 11 percent, while Russia’s share declined from 22 percent to 16 percent.
Despite this decline, Russia still retains its status as the world’s second-largest arms exporter, following the United States. However, its pace of exports has slowed due to the ongoing war in Ukraine, leading to a diversification of arms suppliers in countries like India. As Russia focuses more of its arms resources on the frontline in Ukraine, its overall arms exports have been affected.
On the other hand, France has managed to increase the pace of its arms exports and has closed the gap with Russia. The French-built Rafale fighter jets, developed by Dassault Aviation, have played a significant role in this growth. The Rafale, which has been in service since 2002, has seen deliveries and orders reaching nearly 500 globally. It became the first French fighter jet to be exported in 2015.
Countries such as Greece, Qatar, India, and Egypt have acquired and operated Rafale fighter jets, and Croatia, Indonesia, and the United Arab Emirates are soon to join this list. The United Arab Emirates, in particular, made a substantial order of 80 Standard F4 Rafales in 2021, further strengthening France’s position in the arms export market.
Despite France’s rise, Russia still maintains significant arms deals with African nations, as well as countries like Iran and China. However, the decline in its global arms trade share highlights the impact of geopolitical events on arms exports. The conflict in Ukraine has not only affected Russia’s export capabilities but has also prompted countries like India to explore alternative arms suppliers to reduce reliance on a single source.
Lockheed Martin’s F-35 fighter jets, produced in the United States, continue to be favoured by many NATO members due to their capacity to carry US-made nuclear bombs. This preference has given the F-35 an advantage in the arms market among NATO nations.
As the global arms trade landscape evolves, France’s emergence as a prominent arms exporter challenges Russia’s historical dominance.
News Mania Desk / Photo Source : BNN.network /Agnibeena Ghosh 6th August 2023
