This article discusses the arms exports of Škoda Works (one of Czechoslovakia's largest arms producers and exporters) during the 1930s and evaluates the export situation within the context of total Czechoslovak arms exports. At the beginning of the 1930s, economic crisis negatively affected the production and export of arms. However, the political climate facilitated the brisk recovery of this sector and the resumption of foreign trade in war materials. Škoda Works was successful in foreign markets, particularly in the sale of artillery materials and military vehicles. In addition to economic factors, trade was also influenced by political interests. This is also shown by the examples of arms exports to Romania and Yugoslavia, which were part of the Little Entente.