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2022
Exports $4.14BWorld Rnk 1 / 170
Flag Rnk 19 / 21
2022
Destination $186M Israel
2021 - 2022
FASTEST GROWING MARKET $186MUkraine
2022
PRODUCT COMPLEXITY IN Weapons1.03Rnk 158 / 1025
2022
Imports $4.53BWorld Rnk 1 / 206
Flag Rnk 21 / 21
2022
Origin $136M Austria
2021 - 2022
FASTEST GROWING ORIGIN $136MJapan
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $4.14B in Weapons, making it the 1st largest exporter of Weapons in the world. At the same year, Weapons was the 19th most exported product in United States. The main destination of Weapons exports from United States are: Israel ($375M), Canada ($358M), Saudi Arabia ($351M), Australia ($331M), and Poland ($232M).

The fastest growing export markets for Weapons of United States between 2021 and 2022 were Ukraine ($186M), Poland ($159M), and Japan ($150M).

Imports In 2022, United States imported $4.53B in Weapons, becoming the 1st largest importer of Weapons in the world. At the same year, Weapons was the 21st most imported product in United States. United States imports Weapons primarily from: Austria ($464M), Italy ($450M), Turkey ($402M), Brazil ($397M), and Japan ($288M).

The fastest growing import markets in Weapons for United States between 2021 and 2022 were Japan ($136M), United Kingdom ($58.1M), and Serbia ($7.34M).

COMPANIES In 2023, leading companies such as IKEA Group (8.28k), MerchSource (160), and Bass Pro Shops (143) were at the forefront of shipping Weapons to the United States.

Latest Trends

July 2024

About

Overview In July 2024 United States' Weapons exports accounted up to $370M and imports accounted up to $385M, resulting in a negative trade balance of $14.6M. Between July 2023 and July 2024 the exports of United States'   Weapons have increased by $59.5M (19.1%) from $311M to $370M, while imports increased by $4.61M (1.21%) from $380M to $385M.

Destinations In July 2024, Weapons were exported mostly to Israel ($112M), Chinese Taipei ($32.6M), Germany ($32M), Canada ($28.2M), and South Korea ($20.4M), and were imported mostly from Italy ($47.9M), Turkey ($40.3M), United Kingdom ($32.8M), Brazil ($24.7M), and Germany ($23.9M).

Growth In July 2024, the increase in Weapons's year-by-year exports was explained primarily by an increase in exports to Australia ($8.57M or 124%), Chinese Taipei ($8.14M or 1.54k%), and Israel ($7.98M or 46.4%). In July 2024, the increase in Weapons's year-by-year imports was explained primarily by an increase in imports from South Korea ($6.1M or 69%), United Kingdom ($5.38M or 22.9%), and Norway ($4.54M or 115%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$59.5M(19.1%)
IMPORT GROWTH (July 2023 - July 2024)$4.61M(1.21%)
MAIN EXPORTER (July 2024)New Jersey$231M
MAIN DESTINATION (July 2024)Israel$112M

This section shows Weapons'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 Weapons over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.14B
IMPORTS (2022)$4.53B
NET TRADE (2022)-$384M

In 2022, United States exported $4.14B in Weapons. The main destinations of United States exports on Weapons were Israel ($375M), Canada ($358M), Saudi Arabia ($351M), Australia ($331M), and Poland ($232M).

In 2022, United States imported $4.53B in Weapons, mainly from Austria ($464M), Italy ($450M), Turkey ($402M), Brazil ($397M), and Japan ($288M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Weapons EXPORT MARKETS FOR United States WERE (2021 - 2022):
Ukraine$186M (1.6k%)
Poland$159M (217%)
Japan$150M (202%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Weapons BY United States WERE (2021 - 2022):
Saudi Arabia-$253M (-41.9%)
United Arab Emirates-$123M (-41.4%)
Lithuania-$33M (-89.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Weapons were:
South Korea $1.19B
Italy $1B
In 2022, United States's main importing competitors in Weapons were:
Ukraine $1.48B
Poland $1.31B

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Trade Value of Weapons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $28.6M
TOP IMPORT POTENTIALCanada+ $70.1M

Weapons’s highest export potential is Canada. With an export gap of $28.6M.   Weapons’s highest import potential is Canada with an import gap of $70.1M.

See methodology.

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