HS Icon Handguns

9302 (Harmonized System 1992 for 4-digit)

World Trade (2019): $891M, Rnk 933 / 1217

Top Exporter (2019): $248M, Austria

Top Importer (2019): $572M, United States

Product Complexity (2019): 0.81, Rnk 218 / 961

Export Growth (CAGR)(2018 - 2019): -19.4%, Rnk 1140 / 1217

Mean Tariff (2018): 13%, Rnk 272 / 1259

Share of World Trade (2019): 0.0049%, Rnk 933 / 1217

Overview:  This page contains the latest trade data of Handguns. In 2019, Handguns were the world's 933rd most traded product, with a total trade of $891M. Between 2018 and 2019 the exports of Handguns decreased by -19.4%, from  $1.11B to $891M. Trade in Handguns represent 0.0049% of total world trade.

Exports: In 2019 the top exporters of Handguns  were Austria ($248M), Brazil ($123M), United States ($106M), Czechia ($94.1M), and Germany ($85M).

Imports: In 2019 the top importers of Handguns were United States ($572M), Canada ($33.6M), Brazil ($27.1M), Philippines ($24.6M), and Thailand ($23.3M).

Tariffs: In 2018 the average tariff for Handguns was 13%, making it the 272nd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Handguns are Nepal (78.1%), Barbados (66.2%), Jamaica (50%), Belize (47.7%), and Syria (46%). The countries with the lowest tariffs are Algeria (0%), Mauritius (0%), Hong Kong (0%), South Korea (0%), and Singapore (0%).

Ranking: Handguns ranks 218th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): Austria, $248M

Top Destination (2019): United States, $572M

Handguns are the world's 933rd most traded product.

In 2019, the top exporters of Handguns were Austria ($248M), Brazil ($123M), United States ($106M), Czechia ($94.1M), and Germany ($85M).

In 2019, the top importers of Handguns were United States ($572M), Canada ($33.6M), Brazil ($27.1M), Philippines ($24.6M), and Thailand ($23.3M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Turkey, $8.6M

Top Destination Growth (2018 - 2019): Brazil, $14.4M

Between 2018 and 2019, the exports of Handguns grew the fastest in Turkey ($8.6M), Slovakia ($7.65M), Brazil ($4.11M), Israel ($1.51M), and United Arab Emirates ($1.43M).

Between 2018 and 2019, the fastest growing importers of Handguns were Brazil ($14.4M), Mexico ($10.1M), Jordan ($5.24M), Malaysia ($2.52M), and Uzbekistan ($2.2M).

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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 Handguns.

In 2019,  market concentration measured using Shannon Entropy, was 3.31. This means that most of the exports of Handguns are explained by 9 countries.

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TOP NET EXPORTER (2019): Austria, $240M

TOP NET IMPORTER (2019): United States, $466M

This map shows which countries export or import more of Handguns. Each country is colored based on the difference in exports and imports of Handguns during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Handguns were Austria ($240M), Brazil ($96.1M), Czechia ($90.8M), Germany ($70.2M), and Italy ($50.7M).

In 2019, the countries that had a largest trade value in imports than in exports of Handguns were United States ($466M), Canada ($32.6M), Thailand ($23.3M), South Africa ($11.3M), and France ($9.99M).

Disaggregation

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Value

In 2019, the world most traded Handguns, disaggragated by their HS6 level were Revolvers and pistols ($891M)

Import Tariffs

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In 2018, the average tariff for importing Handguns was 13%.  The countries with the highest tariffs for importing Handguns were Nepal (78.1%), Barbados (66.2%), Jamaica (50%), Belize (47.7%), and Syria (46%).

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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.