HS Icon Explosive Ammunition

9306 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $8.95B, Rnk 344 / 1217

2019
Top Exporter | Top Importer
: $3.65B | $2.57B, United States | United States

2019
Product Complexity
: -0.099, Rnk 558 / 961

2018 - 2019
Export Growth (CAGR)
: 12.4%, Rnk 58 / 1217

2018
Mean Tariff
: 11.3%, Rnk 355 / 1259

 2019
Share of World Trade
: 0.049%, Rnk 344 / 1217

Overview:  This page contains the latest trade data of Explosive Ammunition. In 2019, Explosive Ammunition were the world's 344th most traded product, with a total trade of $8.95B. Between 2018 and 2019 the exports of Explosive Ammunition grew by 12.4%, from  $7.96B to $8.95B. Trade in Explosive Ammunition represent 0.049% of total world trade.

Exports: In 2019 the top exporters of Explosive Ammunition  were United States ($3.65B), Thailand ($1.91B), Spain ($289M), Brazil ($267M), and South Korea ($228M).

Imports: In 2019 the top importers of Explosive Ammunition were United States ($2.57B), Saudi Arabia ($1.62B), Thailand ($657M), Israel ($293M), and Australia ($232M).

Tariffs: In 2018 the average tariff for Explosive Ammunition was 11.3%, making it the 355th 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 558th 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.

Exporters and Importers

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Trade By Country

Top Origin (2019): United States, $3.65B

Top Destination (2019): United States, $2.57B

Explosive Ammunition are the world's 344th most traded product.

In 2019, the top exporters of Explosive Ammunition were United States ($3.65B), Thailand ($1.91B), Spain ($289M), Brazil ($267M), and South Korea ($228M).

In 2019, the top importers of Explosive Ammunition were United States ($2.57B), Saudi Arabia ($1.62B), Thailand ($657M), Israel ($293M), and Australia ($232M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Thailand, $1.9B

Top Destination Growth (2018 - 2019): United States, $1.79B

Between 2018 and 2019, the exports of Explosive Ammunition grew the fastest in Thailand ($1.9B), Poland ($26.8M), India ($18.6M), Pakistan ($13.5M), and United Kingdom ($12.9M).

Between 2018 and 2019, the fastest growing importers of Explosive Ammunition were United States ($1.79B), Thailand ($546M), Israel ($105M), Philippines ($68.6M), and India ($40.2M).

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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 Explosive Ammunition.

In 2019,  market concentration measured using Shannon Entropy, was 3.41. This means that most of the exports of Explosive Ammunition are explained by 10 countries.

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TOP NET EXPORTER (2019): Thailand, $1.25B

TOP NET IMPORTER (2019): Saudi Arabia, $1.62B

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 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Explosive Ammunition were Thailand ($1.25B), United States ($1.08B), Brazil ($255M), Spain ($218M), and Switzerland ($148M).

In 2019, the countries that had a largest trade value in imports than in exports of Explosive Ammunition were Saudi Arabia ($1.62B), Australia ($210M), Israel ($197M), Qatar ($182M), and Indonesia ($124M).

Disaggregation

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Value

In 2019, the world most traded Explosive Ammunition, disaggragated by their HS6 level were Munitions of war, ammunition/projectiles and parts ($6.47B), Cartridges nes, parts thereof ($1.72B), Cartridges, shotgun ($527M), and Air gun pellets, parts of shotgun... ($224M)

Import Tariffs

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In 2018, the average tariff for importing Explosive Ammunition was 11.3%.  The countries with the highest tariffs for importing Explosive Ammunition were Nepal (78.1%), Syria (41.4%), Sudan (35%), Maldives (34.2%), and Cape Verde (33.3%).

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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.