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Pricing

Bombs, grenades, torpedoes, mines, missiles and similar munitions of war and parts thereof; cartridges and other ammunition, projectiles and parts thereof, including shot and cartridge wads

9306 (Harmonized System 1992 for 4-digit)

2022
World Trade $9.06BRnk 409 / 1218
2022
Top Exporter | Top Importer $2.71B | $1.34BUnited States | United States
2022
Product Complexity 0.52Rnk 367 / 1033
2021 - 2022
Export Growth (CAGR) 30.2%Rnk 88 / 1218
2022
Share of World Trade 0.038%Rnk 409 / 1218

About

Overview This page contains the latest trade data of Explosive Ammunition. In 2022, Explosive Ammunition were the world's 409th most traded product, with a total trade of $9.06B. Between 2021 and 2022 the exports of Explosive Ammunition grew by 30.2%, from $6.95B to $9.06B. Trade in Explosive Ammunition represent 0.038% of total world trade.

Explosive Ammunition are a part of Weapons. They include Munitions of war, ammunition/projectiles and parts, Cartridges nes, parts thereof, Cartridges, shotgun, Air gun pellets, parts of shotgun cartridges, and Cartridges for rivet etc tools, humane killers, etc.

Exports In 2022 the top exporters of Explosive Ammunition  were United States ($2.71B), South Korea ($694M), Poland ($611M), Bulgaria ($533M), and Spain ($352M).

Imports In 2022 the top importers of Explosive Ammunition were United States ($1.34B), Ukraine ($1.07B), Poland ($864M), Saudi Arabia ($631M), and United Arab Emirates ($534M).

Ranking Explosive Ammunition ranks 367th in the Product Complexity Index (PCI).

Description Ammunition and projectiles are used in the production of other goods. They can be made from a variety of materials, including lead, steel, brass, copper, aluminum, and plastic.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Explosive Ammunition. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)United States$2.71B
Top Destination (2022)United States$1.34B

In 2022 Explosive Ammunition were the world's 409th most traded product (out of 1,218).

In 2022, the top exporters of Explosive Ammunition were United States ($2.71B), South Korea ($694M), Poland ($611M), Bulgaria ($533M), and Spain ($352M).

In 2022, the top importers of Explosive Ammunition were United States ($1.34B), Ukraine ($1.07B), Poland ($864M), Saudi Arabia ($631M), and United Arab Emirates ($534M).

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Exporters of Explosive Ammunition (2022)
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Importers of Explosive Ammunition (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$587M
Top Destination Growth (2021 -  2022)Ukraine$1.03B

Between 2021 and 2022, the exports of Explosive Ammunition grew the fastest in United States ($587M), Poland ($561M), Bulgaria ($481M), Slovakia ($162M), and Japan ($135M).

Between 2021 and 2022, the fastest growing importers of Explosive Ammunition were Ukraine ($1.03B), Poland ($718M), Japan ($254M), Sweden ($103M), and Israel ($83.7M).

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Exporters of Explosive Ammunition (2021 - 2022)

Importers of Explosive Ammunition (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Explosive Ammunition.

In 2022, market concentration measured using Shannon Entropy, was 4.29. This means that most of the exports of Explosive Ammunition are explained by 19 countries.

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Value of Exports in Explosive Ammunition

Net Trade

TOP NET EXPORTER (2022)United States$1.37B
TOP NET IMPORTER (2022)Ukraine$1.07B

This map shows which countries export or import more of Explosive Ammunition. Each country is colored based on the difference in exports and imports of Explosive Ammunition during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Explosive Ammunition were United States ($1.37B), South Korea ($547M), Bulgaria ($519M), Spain ($245M), and Brazil ($224M).

In 2022, the countries that had a largest trade value in imports than in exports of Explosive Ammunition were Ukraine ($1.07B), Saudi Arabia ($630M), United Arab Emirates ($524M), Australia ($300M), and Poland ($253M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Explosive Ammunition, disaggragated by their HS6 level were Munitions of war, ammunition/projectiles and parts ($5.45B), Cartridges nes, parts thereof ($2.7B), Cartridges, shotgun ($528M), and Air gun pellets, parts of shotgun... ($382M)

HS6 Disaggregation for Explosive Ammunition (2022)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Explosive Ammunition.
It is possible to select the main countries that export or import Explosive Ammunition in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Explosive Ammunition by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $7.42M
TOP IMPORT POTENTIALSlovakia+ $9.28M

Explosive Ammunition’s highest export potential is United States. With an export gap of $7.42M.  Explosive Ammunition’s highest import potential is Slovakia with an import gap of $9.28M.

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Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Explosive Ammunition.

Country by Relatedness

The following visualization shows the relatedness of Explosive Ammunition to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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