×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Monday
22
Dec 2025
weather symbol
Athens 14°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

Seven violations of Greek airspace by Turkish warplanes

“Don’t even think about it, those who believe they can restore empires” – The message from the Tripartite Summit to Erdogan, what Netanyahu & Mitsotakis (video)

Omnibus bill of the Ministry of National Defence: A new era for the armed forces, but also reactions over pay, ranks and deferments

“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

Seven violations of Greek airspace by Turkish warplanes

December 22, 2025

“Don’t even think about it, those who believe they can restore empires” – The message from the Tripartite Summit to Erdogan, what Netanyahu & Mitsotakis (video)

December 22, 2025

Weather: In Pelion and the Dodecanese the highest rainfall, where heavy rain will occur on Tuesday

December 22, 2025

The farmer unionist, the rice fields, and the illegal subsidies of €122,000 – Anestidis in the prosecutor’s crosshairs

December 22, 2025

Omnibus bill of the Ministry of National Defence: A new era for the armed forces, but also reactions over pay, ranks and deferments

December 22, 2025

Christmas of division in Cyprus: The “December Events” of 1963 that were stained with blood

December 22, 2025

Farmers’ roadblocks: Severe traffic problems on the Thiva–Livadeia route

December 22, 2025

Singer Chris Rea dies at the age of 74

December 22, 2025
All News

> Culture

Singer Chris Rea dies at the age of 74

Chris Rea was a distinctive musical figure, blending blues, pop, soul, and soft rock in a career that included 25 studio albums

December 22, 2025

Ancient treasures unveiled: The Royal Palace of Pella opens to the public with stunning Hellenistic statues

December 22, 2025

Rare video shows Domna Samiou teaching Cretan Christmas carols

December 20, 2025

Christos Markogiannakis honored as Knight of the Order of Arts and Letters

December 19, 2025

British Museum: Loans of up to 3 years are its new model for antiquities removed from other countries – What it plans to do with the Parthenon Sculptures

December 19, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2025 Πρώτο Θέμα