Overview: In 2018, Explosive Ammunition were the world's 411th most traded product, with a total trade of $7.4B. Between 2017 and 2018 the exports of Explosive Ammunition grew by 95.6%, from $3.78B to $7.4B. Trade in Explosive Ammunition represent 0.04% of total world trade.
Exports: In 2018 the top exporters of Explosive Ammunition were United States ($3.45B), South Korea ($514M), Spain ($380M), Brazil ($272M), and Norway ($209M).
Imports: In 2018 the top importers of Explosive Ammunition were Saudi Arabia ($1.69B), United States ($785M), United Arab Emirates ($710M), Australia ($267M), and Turkey ($266M).
Tariffs: In 2018 the average tariff for Explosive Ammunition was 11.3%, been the 355 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Explosive Ammunition are Nepal (78.1%), Syria (41.4%), Sudan (35%), Maldives (34.2%), and Cape Verde (33.3%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), South Korea (0%), Sri Lanka (0%), and Singapore (0%).
Ranking: Explosive Ammunition ranks 346th in the Product Complexity Index (PCI).