Moscow is determined to keep its share of the Indian defence market and to retain its status as the world's second-largest defence exporter. Last year Rosoboronexport signed $17.6 billion worth of new contracts, which represents an increase of 150 percent compared to 2011. The company's portfolio of contracts has reached an impressive $37.3 billion. Russia ranks second in the world's arms export. Moscow supplies arms and military equipment to 66 countries, has concluded agreements on military and technical cooperation with 85 countries and its portfolio of orders for defence-related products currently stands at a staggering $46.3 billion. Russian global arms exports reached $15.2 billion in 2012, up 12% compared to the previous year.said Venezuela, Peru, Brazil, Argentina and Mexico were interested in buying helicopters and air defense systems. Grigory Kozlov, head of Helicopter Export Department at Rosoboronexport, said there is good potential for cooperation virtually with all the countries in the region, and especially with Brazil, where Mi-35M helicopters are successfully used. The main partner in the region is a traditional friend of Russia – Venezuela. It is now the second biggest purchaser of Russian arms, after India, that Russia needs to press ahead.