HS Icon Other Firearms

9303 (Harmonized System 1992 for 4-digit)

World Trade (2018): $1.41B, Rnk 831 / 1225

Top Exporter (2018): $298M, Italy

Top Importer (2018): $428M, United States

Product Complexity (2018): 0.72, Rnk 277 / 1018

Export Growth (CAGR)(2017 - 2018): 6.16%, Rnk 933 / 1225

Mean Tariff (2018): 12.3%, Rnk 302 / 1259

Share of World Trade (2018): 0.0077%, Rnk 831 / 1225

Overview: In 2018, Other Firearms were the world's 831st most traded product, with a total trade of $1.41B. Between 2017 and 2018 the exports of Other Firearms grew by 6.16%, from  $1.33B to $1.41B. Trade in Other Firearms represent 0.0077% of total world trade.

Exports: In 2018 the top exporters of Other Firearms  were Italy ($298M), United States ($281M), Turkey ($140M), Germany ($91.1M), and Belgium-Luxembourg ($84.4M).

Imports: In 2018 the top importers of Other Firearms were United States ($428M), Qatar ($154M), Canada ($93.4M), Thailand ($72.5M), and France ($62.9M).

Tariffs: In 2018 the average tariff for Other Firearms was 12.3%, been the 302 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Other Firearms are Nepal (78.1%), Barbados (53%), Cape Verde (50%), Syria (46%), and Jamaica (40%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking: Other Firearms ranks 277th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Italy, $298M

Top Destination (2018): United States, $428M

Other Firearms are the world's 831st most traded product.

In 2018, the top exporters of Other Firearms were Italy ($298M), United States ($281M), Turkey ($140M), Germany ($91.1M), and Belgium-Luxembourg ($84.4M).

In 2018, the top importers of Other Firearms were United States ($428M), Qatar ($154M), Canada ($93.4M), Thailand ($72.5M), and France ($62.9M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $144M

Top Destination Growth (2017 - 2018): Qatar, $151M

Between 2017 and 2018, the exports of Other Firearms grew the fastest in United States ($144M), Israel ($32.9M), Italy ($29.7M), Belgium-Luxembourg ($25.4M), and United Kingdom ($16.9M).

Between 2017 and 2018, the fastest growing importers of Other Firearms were Qatar ($151M), Thailand ($64.6M), United States ($32.7M), Egypt ($10.8M), and Philippines ($7.77M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Other Firearms.

In 2018,  market concentration measured using Shannon Entropy, was 3.8. This means that most of the exports of Other Firearms are explained by 13 countries.

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TOP NET EXPORTER (2018): Italy, $284M

TOP NET IMPORTER (2018): Qatar, $154M

This map shows which countries export or import more of Other Firearms. Each country is colored based on the difference in exports and imports of Other Firearms during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Other Firearms were Italy ($284M), Turkey ($138M), Germany ($54.5M), Japan ($51.7M), and Israel ($49.6M).

In 2018, the countries that had a largest trade value in imports than in exports of Other Firearms were Qatar ($154M), United States ($147M), Thailand ($71.3M), France ($56.4M), and Canada ($49.6M).

Trade Forecasts

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This section shows forecasts for total trade for Other Firearms. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Other Firearms was 12.3%.  The countries with the highest tariffs for importing Other Firearms were Nepal (78.1%), Barbados (53%), Cape Verde (50%), Syria (46%), and Jamaica (40%).

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Product Complexity

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Diversification Frontier

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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.