HS Icon Arms and ammunition; parts and accessories thereof

93 (Harmonized System 1992 for 2-digit)

Overview This page contains the latest trade data of Arms and ammunition; parts and accessories thereof. In 2020, Arms and ammunition; parts and accessories thereof were the world's 78th most traded product, with a total trade of $13.9B. Between 2019 and 2020 the exports of Arms and ammunition; parts and accessories thereof decreased by -10%, from $15.4B to $13.9B. Trade in Arms and ammunition; parts and accessories thereof represent 0.083% of total world trade.

Arms and ammunition; parts and accessories thereof are a part of Weapons. They include Arms and ammunition; parts and accessories thereof.

Exports In 2020 the top exporters of Arms and ammunition; parts and accessories thereof  were United States ($3.79B), South Korea ($835M), Italy ($670M), Germany ($620M), and Austria ($570M).

Imports In 2020 the top importers of Arms and ammunition; parts and accessories thereof were United States ($3.65B), Saudi Arabia ($932M), United Arab Emirates ($687M), Indonesia ($496M), and Germany ($406M).

Tariffs In 2018 the average tariff for Arms and ammunition; parts and accessories thereof was 12.2%, making it the 34th lowest tariff using the HS2 product classification.

The countries with the highest import tariffs for Arms and ammunition; parts and accessories thereof are Nepal (78.1%), Cayman Islands (65.7%), Bhutan (48.9%), and Wallis and Futuna (45.3%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking Arms and ammunition; parts and accessories thereof ranks 25th in the Product Complexity Index (PCI).

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The following visualization shows the latest trends on Arms and ammunition; parts and accessories thereof. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): United States, $3.79B

Top Destination (2020): United States, $3.65B

Arms and ammunition; parts and accessories thereof are the world's 78th most traded product.

In 2020, the top exporters of Arms and ammunition; parts and accessories thereof were United States ($3.79B), South Korea ($835M), Italy ($670M), Germany ($620M), and Austria ($570M).

In 2020, the top importers of Arms and ammunition; parts and accessories thereof were United States ($3.65B), Saudi Arabia ($932M), United Arab Emirates ($687M), Indonesia ($496M), and Germany ($406M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): South Korea, $264M

Top Destination Growth (2019 - 2020): United Arab Emirates, $448M

Between 2019 and 2020, the exports of Arms and ammunition; parts and accessories thereof grew the fastest in South Korea ($264M), Switzerland ($257M), France ($203M), Turkey ($197M), and China ($197M).

Between 2019 and 2020, the fastest growing importers of Arms and ammunition; parts and accessories thereof were United Arab Emirates ($448M), Indonesia ($308M), Niger ($137M), Norway ($136M), and Nigeria ($134M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Arms and ammunition; parts and accessories thereof.

In 2020,  market concentration measured using Shannon Entropy, was 4.41. This means that most of the exports of Arms and ammunition; parts and accessories thereof are explained by 21 countries.

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TOP NET EXPORTER (2020): South Korea, $556M

TOP NET IMPORTER (2020): Saudi Arabia, $931M

This map shows which countries export or import more of Arms and ammunition; parts and accessories thereof. Each country is colored based on the difference in exports and imports of Arms and ammunition; parts and accessories thereof during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Arms and ammunition; parts and accessories thereof were South Korea ($556M), China ($551M), Italy ($541M), Austria ($468M), and Czechia ($448M).

In 2020, the countries that had a largest trade value in imports than in exports of Arms and ammunition; parts and accessories thereof were Saudi Arabia ($931M), United Arab Emirates ($658M), Indonesia ($496M), Qatar ($352M), and Thailand ($315M).

Disaggregation

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Value
Disaggregation

In 2020, the world most traded Arms and ammunition; parts and accessories..., disaggragated by their HS6 level were Arms and ammunition; parts and accessories... ($13.9B)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Arms and ammunition; parts and accessories thereof.
It is possible to select the main countries that export or import Arms and ammunition; parts and accessories thereof in the world, or by continent, as well as select the measure of interest.

Product Complexity

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Diversification Frontier

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Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.