Explosive Ammunition in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $2.71B in Explosive Ammunition, making it the 1st largest exporter of Explosive Ammunition in the world. At the same year, Explosive Ammunition was the 120th most exported product in United States. The main destination of Explosive Ammunition exports from United States are: Israel ($339M), Saudi Arabia ($293M), Australia ($246M), Poland ($204M), and United Arab Emirates ($162M).

The fastest growing export markets for Explosive Ammunition of United States between 2021 and 2022 were Poland ($163M), Ukraine ($146M), and Japan ($145M).

Imports In 2022, United States imported $1.34B in Explosive Ammunition, becoming the 1st largest importer of Explosive Ammunition in the world. At the same year, Explosive Ammunition was the 335th most imported product in United States. United States imports Explosive Ammunition primarily from: Japan ($204M), Canada ($89.2M), South Korea ($75.3M), Italy ($74.2M), and Turkey ($74.1M).

The fastest growing import markets in Explosive Ammunition for United States between 2021 and 2022 were Japan ($134M), United Kingdom ($49.5M), and Serbia ($7.55M).

COMPANIES In 2023, leading companies such as STELFAST INC (55), SCHAEFFLER GROUP (46), and APEX TOOL GROUP, LLC. (41) were at the forefront of shipping Explosive Ammunition to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Explosive Ammunition exports accounted up to $327M and imports accounted up to $113M, resulting in a positive trade balance of $214M. Between February 2023 and February 2024 the exports of United States' Explosive Ammunition have decreased by $-26.9M (-7.62%) from $354M to $327M, while imports increased by $9.8M (9.49%) from $103M to $113M.

Destinations In February 2024, Explosive Ammunition were exported mostly to Israel ($215M), Canada ($32.4M), Japan ($12.9M), Denmark ($10.1M), and Germany ($7.17M), and were imported mostly from United Kingdom ($18.9M), Canada ($12.6M), Germany ($12.2M), Czechia ($7.95M), and South Korea ($7.45M).

Growth In February 2024, the decrease in Explosive Ammunition's year-by-year exports was explained primarily by a decrease in exports to Qatar ($-128M or -95.8%), Japan ($-26.4M or -71.2%), and Saudi Arabia ($-24.4M or -57.8%). In February 2024, the increase in Explosive Ammunition's year-by-year imports was explained primarily by an increase in imports from South Korea ($7.58M or 133%), United Kingdom ($4.06M or 34.3%), and Italy ($2.69M or 40.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-26.9M(-7.62%)

IMPORT GROWTH (February 2023 - February 2024)$9.8M(9.49%)

MAIN EXPORTER (February 2024)New York$139M

MAIN DESTINATION (February 2024)Israel$215M

This section shows Explosive Ammunition's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Explosive Ammunition over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.71B

IMPORTS (2022)$1.34B

NET TRADE (2022)$1.37B

In 2022, United States exported $2.71B in Explosive Ammunition. The main destinations of United States exports on Explosive Ammunition were Israel ($339M), Saudi Arabia ($293M), Australia ($246M), Poland ($204M), and United Arab Emirates ($162M).

In 2022, United States imported $1.34B in Explosive Ammunition, mainly from Japan ($204M), Canada ($89.2M), South Korea ($75.3M), Italy ($74.2M), and Turkey ($74.1M).

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