×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Tuesday
12
May 2026
weather symbol
Athens 24°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

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

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

“Mutiny” in Labour: Dozens of MPs call on Starmer to resign

Tourism Spatial Plan: “Clampdown” on Airbnb, new rules for hotels & islands – “Window” for revisions until end of June

The EU restores trade relations with Syria after partial lifting of sanctions — Which products are affected

“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

Survivor: Speedboat seriously injures contestant spearfishing, condition stable (Upd.)

May 12, 2026

“Mutiny” in Labour: Dozens of MPs call on Starmer to resign

May 12, 2026

Tourism Spatial Plan: “Clampdown” on Airbnb, new rules for hotels & islands – “Window” for revisions until end of June

May 12, 2026

The Tithorea bank robbers arrested — 8 people, including two women

May 11, 2026

Survivor contestant suffers serious accident, TV broadcast suspended: SKAI’s announcement

May 11, 2026

Thriller over the ceasefire: Iran’s proposal is “garbage,” says Trump – We are ready for anything, you will be surprised, Ghalibaf responds

May 11, 2026

The European Council opens its doors to influencers: They will observe but ask no questions

May 11, 2026

Loss of biodiversity directly threatens human health, study shows

May 11, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα