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930690 (Harmonized System 1992 for 6-digit)

2023
World Trade $7.58BRnk 497 / 4644
2023
Top Exporter | Top Importer $2.75B | $1.58BUnited States | Poland
2023
Product Complexity 0.26Rnk 2087 / 4656
2022 - 2023
Export Growth (CAGR) 62.9%Rnk 55 / 4644
2023
Share of World Trade 0.034%Rnk 497 / 4644

About

Overview This page contains the latest trade data of Munitions of war, ammunition/projectiles and parts. In 2023, Munitions of war, ammunition/projectiles and parts were the world's 497th most traded product, with a total trade of $7.58B. Between 2022 and 2023 the exports of Munitions of war, ammunition/projectiles and parts grew by 62.9%, from $4.65B to $7.58B. Trade in Munitions of war, ammunition/projectiles and parts represent 0.034% of total world trade.

Munitions of war, ammunition/projectiles and parts are a part of Explosive Ammunition.

Exports In 2023 the top exporters of Munitions of war, ammunition/projectiles and parts  were United States ($2.75B), Poland ($989M), Bulgaria ($945M), Thailand ($298M), and Spain ($296M).

Imports In 2023 the top importers of Munitions of war, ammunition/projectiles and parts were Poland ($1.58B), Ukraine ($1.27B), Israel ($582M), United States ($456M), and Japan ($426M).

Ranking Munitions of war, ammunition/projectiles and parts ranks 2087th in the Product Complexity Index (PCI).

Description Munitions of war are used in the military to produce an explosion or to create a chemical, biological, radioactive or nuclear effect. Ammunition/projectiles are the materials used to discharge a firearm or other weapon. Parts are pieces of an object that are composed of two or more pieces and are typically made of metal.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Munitions of war, ammunition/projectiles and parts. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)United States$2.75B
Top Destination (2023)Poland$1.58B

In 2023 Munitions of war, ammunition/projectiles and parts were the world's 497th most traded product (out of 4,644).

In 2023, the top exporters of Munitions of war, ammunition/projectiles and parts were United States ($2.75B), Poland ($989M), Bulgaria ($945M), Thailand ($298M), and Spain ($296M).

In 2023, the top importers of Munitions of war, ammunition/projectiles and parts were Poland ($1.58B), Ukraine ($1.27B), Israel ($582M), United States ($456M), and Japan ($426M).

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Exporters of Munitions of war, ammunition/projectiles and parts (2023)
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Importers of Munitions of war, ammunition/projectiles and parts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$1.12B
Top Destination Growth (2022 -  2023)Poland$892M

Between 2022 and 2023, the exports of Munitions of war, ammunition/projectiles and parts grew the fastest in United States ($1.12B), Bulgaria ($439M), Poland ($422M), Thailand ($181M), and Israel ($144M).

Between 2022 and 2023, the fastest growing importers of Munitions of war, ammunition/projectiles and parts were Poland ($892M), Ukraine ($475M), Israel ($283M), Japan ($231M), and Germany ($186M).

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Exporters of Munitions of war, ammunition/projectiles and parts (2022 - 2023)

Importers of Munitions of war, ammunition/projectiles and parts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Munitions of war, ammunition/projectiles and parts.

In 2023, market concentration measured using Shannon Entropy, was 3.6. This means that most of the exports of Munitions of war, ammunition/projectiles and parts are explained by 12 countries.

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Value of Exports in Munitions of war, ammunition/projectiles and parts

Net Trade

TOP NET EXPORTER (2023)United States$2.3B
TOP NET IMPORTER (2023)Ukraine$1.27B

This map shows which countries export or import more of Munitions of war, ammunition/projectiles and parts. Each country is colored based on the difference in exports and imports of Munitions of war, ammunition/projectiles and parts during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Munitions of war, ammunition/projectiles and parts were United States ($2.3B), Bulgaria ($922M), Spain ($217M), United Kingdom ($161M), and Turkey ($94.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Munitions of war, ammunition/projectiles and parts were Ukraine ($1.27B), Poland ($596M), Saudi Arabia ($370M), Israel ($356M), and Japan ($299M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Munitions of war, ammunition/projectiles and parts.
It is possible to select the main countries that export or import Munitions of war, ammunition/projectiles and parts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Munitions of war, ammunition/projectiles and parts by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2023)

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