×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Monday
02
Feb 2026
weather symbol
Athens 12°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> World

South Korea has quietly become one of the world’s biggest weapons suppliers

South Korea has quietly become a favorite of arms buyers around the world, in the culmination of a decades-long effort to protect itself from North Korea

Newsroom November 10 09:43

The international arms trade has largely flowed West to East, with North American and European countries accounting for a whopping 87% of weapons exports from 2017 to 2021.

This year South Korea has shown it’s ready to change that.

Poland agreed this summer to purchase tanks, self-propelled howitzers and light attack planes from South Korea in deals worth $8.8 billion. The two countries topped it off last week with a $3.6 billion agreement for rocket launchers. It’s the first time that a NATO member other than Turkey has turned to defense contractors outside the alliance for major weapons systems.

South Korea has quietly become a favorite of arms buyers around the world, in the culmination of a decades-long effort to protect itself from North Korea by building an indigenous arms industry with economies of scale gained from big export sales. Among international weapons suppliers, the country climbed from 31st place in 2000 to become No. 8 in the period from 2017 to 2021, according to the Stockholm International Peace Research Institute (SIPRI). So far this year, it’s inked $17 billion in export contracts, up from a previous record of $7 billion in 2021, which was the first year South Korea’s export deals topped imports.

President Yoon Suk-yeol, who took office in May, set the goal last month of becoming one of the top four weapons sellers in the world. With Russia’s unprovoked invasion of Ukraine combined with China pushing its territorial claims in the South China Sea and continuing conflicts in the Middle East, South Korea will have every opportunity.

See Also:

Canadian PM Trudeau to take part in drag queen show (video)

>Related articles

Unidentified drone crashes at military base in northern Poland

The prime minister’s interview: the dilemma is not Mitsotakis or chaos, but Mitsotakis or Androulakis, or Zoi, or Velopoulos

ALCO poll: New Democracy maintains a 12-point lead at 23.5% in voting intention – Where Karystianou and Tsipras draw sympathy

“It’s a gold rush period for arms producers,” SIPRI’s Siemon Wezeman tells Forbes. “The Koreans definitely are at the right time with the right technology.”

As European countries hike defense spending to counter the Russian threat and replace weapons they’ve sent to Ukraine, U.S. officials fret that American arms makers won’t be able to meet the demand due to supply chain snags and labor shortages. South Korean weapons makers stand ready to fill the gap with systems designed for joint operations with U.S. forces, making them easy to integrate with NATO.

Read more: Forbes

Ask me anything

Explore related questions

#analysis#arms#business#diplomacy#economy#europe#exports#market#marketing#military#NATO#politics#sales#science#South Korea#technology#trade#usa#weapons#world
> More World

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Unidentified drone crashes at military base in northern Poland

February 2, 2026

The prime minister’s interview: the dilemma is not Mitsotakis or chaos, but Mitsotakis or Androulakis, or Zoi, or Velopoulos

February 2, 2026

ALCO poll: New Democracy maintains a 12-point lead at 23.5% in voting intention – Where Karystianou and Tsipras draw sympathy

February 2, 2026

“DESSERT”: Painting Exhibition by Nikos Siskos at Sianti Gallery

February 2, 2026

Step by Step: Constitutional revision in Greece – What is decided now and what follows after the elections – The case of the “one-day Parliament”

February 2, 2026

Real Estate: How apartment building management can cut up to 20% off a property’s value

February 2, 2026

Athens After Dark: Inside 30 Great Cocktail Bars

February 2, 2026

Kiev thanks Elon Musk for blocking Starlink in Russia

February 2, 2026
All News

> Politics

The prime minister’s interview: the dilemma is not Mitsotakis or chaos, but Mitsotakis or Androulakis, or Zoi, or Velopoulos

Meeting with Erdoğan before 15 February – no need for mediators in Greek-Turkish relations – parliament should not act as a judge; justice should, he says on Article 86 – I believe single-party rule is an achievable goal, more achievable than PASOK’s claim that it can come first

February 2, 2026

ALCO poll: New Democracy maintains a 12-point lead at 23.5% in voting intention – Where Karystianou and Tsipras draw sympathy

February 2, 2026

Budget, private universities, ministerial accountability, and judicial leadership: the four pillars of Greece’s constitutional revision

February 2, 2026

Bangladeshi man arrested for operating an illegal mosque in Athens to be deported – His residence permit also revoked

February 2, 2026

Gilfoyle’s forewarning about Trump’s visit to Greece and speculations on the timing

February 2, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα