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Pricing

930690 (Harmonized System 1992 for 6-digit)

2022
World Trade $5.45BRnk 705 / 4648
2022
Top Exporter | Top Importer $2.07B | $799MUnited States | Ukraine
2022
Product Complexity 0.2Rnk 2191 / 4653
2021 - 2022
Export Growth (CAGR) 51.7%Rnk 165 / 4648
2022
Share of World Trade 0.023%Rnk 705 / 4648

About

Overview This page contains the latest trade data of Munitions of war, ammunition/projectiles and parts. In 2022, Munitions of war, ammunition/projectiles and parts were the world's 705th most traded product, with a total trade of $5.45B. Between 2021 and 2022 the exports of Munitions of war, ammunition/projectiles and parts grew by 51.7%, from $3.59B to $5.45B. Trade in Munitions of war, ammunition/projectiles and parts represent 0.023% of total world trade.

Munitions of war, ammunition/projectiles and parts are a part of Explosive Ammunition.

Exports In 2022 the top exporters of Munitions of war, ammunition/projectiles and parts  were United States ($2.07B), Poland ($568M), Bulgaria ($507M), South Korea ($355M), and Spain ($223M).

Imports In 2022 the top importers of Munitions of war, ammunition/projectiles and parts were Ukraine ($799M), Poland ($751M), United States ($487M), United Arab Emirates ($471M), and Saudi Arabia ($368M).

Ranking Munitions of war, ammunition/projectiles and parts ranks 2191st in the Product Complexity Index (PCI).

Description Munitions of war are used in the military to produce an explosion or to create a chemical, biological, radioactive or nuclear effect. Ammunition/projectiles are the materials used to discharge a firearm or other weapon. Parts are pieces of an object that are composed of two or more pieces and are typically made of metal.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Munitions of war, ammunition/projectiles and parts. 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$2.07B
Top Destination (2022)Ukraine$799M

In 2022 Munitions of war, ammunition/projectiles and parts were the world's 705th most traded product (out of 4,648).

In 2022, the top exporters of Munitions of war, ammunition/projectiles and parts were United States ($2.07B), Poland ($568M), Bulgaria ($507M), South Korea ($355M), and Spain ($223M).

In 2022, the top importers of Munitions of war, ammunition/projectiles and parts were Ukraine ($799M), Poland ($751M), United States ($487M), United Arab Emirates ($471M), and Saudi Arabia ($368M).

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Exporters of Munitions of war, ammunition/projectiles and parts (2022)
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Importers of Munitions of war, ammunition/projectiles and parts (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Poland$556M
Top Destination Growth (2021 -  2022)Ukraine$795M

Between 2021 and 2022, the exports of Munitions of war, ammunition/projectiles and parts grew the fastest in Poland ($556M), Bulgaria ($479M), United States ($434M), Slovakia ($142M), and Japan ($134M).

Between 2021 and 2022, the fastest growing importers of Munitions of war, ammunition/projectiles and parts were Ukraine ($795M), Poland ($687M), Japan ($248M), United States ($91.4M), and Sweden ($84.3M).

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Exporters of Munitions of war, ammunition/projectiles and parts (2021 - 2022)

Importers of Munitions of war, ammunition/projectiles and parts (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Munitions of war, ammunition/projectiles and parts.

In 2022, market concentration measured using Shannon Entropy, was 3.6. This means that most of the exports of Munitions of war, ammunition/projectiles and parts are explained by 12 countries.

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Value of Exports in Munitions of war, ammunition/projectiles and parts

Net Trade

TOP NET EXPORTER (2022)United States$1.58B
TOP NET IMPORTER (2022)Ukraine$798M

This map shows which countries export or import more of Munitions of war, ammunition/projectiles and parts. Each country is colored based on the difference in exports and imports of Munitions of war, ammunition/projectiles and parts during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Munitions of war, ammunition/projectiles and parts were United States ($1.58B), Bulgaria ($502M), South Korea ($221M), Spain ($181M), and South Africa ($147M).

In 2022, the countries that had a largest trade value in imports than in exports of Munitions of war, ammunition/projectiles and parts were Ukraine ($798M), United Arab Emirates ($465M), Saudi Arabia ($368M), Australia ($240M), and Israel ($216M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Munitions of war, ammunition/projectiles and parts by percentage of total exports

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)

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