2022
Exports | Imports
$433M | $46.7MWorld Rnk 1 / 73
Flag Rnk 422 / 1217
World Rnk 9 / 143
Flag Rnk 986 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Military Weapons
0.34Rnk 438 / 1025

About

Exports In 2022, United States exported $433M in Military Weapons, making it the 1st largest exporter of Military Weapons in the world. At the same year, Military Weapons was the 422nd most exported product in United States. The main destination of Military Weapons exports from United States are: South Korea ($70.4M), United Kingdom ($37.2M), Egypt ($30.1M), Australia ($23.5M), and Chinese Taipei ($20.1M).

The fastest growing export markets for Military Weapons of United States between 2021 and 2022 were Egypt ($23.6M), South Korea ($19.6M), and Chinese Taipei ($19.4M).

Imports In 2022, United States imported $46.7M in Military Weapons, becoming the 9th largest importer of Military Weapons in the world. At the same year, Military Weapons was the 986th most imported product in United States. United States imports Military Weapons primarily from: Switzerland ($9.48M), Sweden ($7.05M), United Kingdom ($6.43M), Germany ($3.83M), and Austria ($3.37M).

The fastest growing import markets in Military Weapons for United States between 2021 and 2022 were Sweden ($6.39M), United Kingdom ($5.05M), and Canada ($1.45M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (612k), WAL-MART INC. (5.63k), and LG ELECTRONICS U.S.A. INC. (2.14k) were at the forefront of shipping Military Weapons to the United States.

Latest Trends

January 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$27.2M(94.8%)
IMPORT GROWTH (January 2023 - January 2024)$-5.05M(-88.7%)
MAIN EXPORTER (January 2024)Maine$13.1M
MAIN DESTINATION (January 2024)Ukraine$13.6M

This section shows Military Weapons's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Military Weapons over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$433M
IMPORTS (2022)$46.7M
NET TRADE (2022)$386M

In 2022, United States exported $433M in Military Weapons. The main destinations of United States exports on Military Weapons were South Korea ($70.4M), United Kingdom ($37.2M), Egypt ($30.1M), Australia ($23.5M), and Chinese Taipei ($20.1M).

In 2022, United States imported $46.7M in Military Weapons, mainly from Switzerland ($9.48M), Sweden ($7.05M), United Kingdom ($6.43M), Germany ($3.83M), and Austria ($3.37M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Military Weapons EXPORT MARKETS FOR United States WERE (2021 - 2022):
Egypt$23.6M (365%)
South Korea$19.6M (38.6%)
Chinese Taipei$19.4M (3.11k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Military Weapons BY United States WERE (2021 - 2022):
Saudi Arabia-$89.3M (-83.3%)
Bahrain-$12.1M (-94%)
Netherlands-$11.2M (-60.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Military Weapons were:
In 2022, United States's main importing competitors in Military Weapons were:

Explore Visualizations

Trade Value of Military Weapons by Exporters

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