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Prepared explosives, other than propellent powders

3602 (Harmonized System 1992 for 4-digit)

2022
World Trade $1.26BRnk 893 / 1218
2022
Top Exporter | Top Importer $256M | $128MUnited States | United States
2022
Product Complexity -1.09Rnk 865 / 1033
2021 - 2022
Export Growth (CAGR) 36.8%Rnk 57 / 1218
2022
Share of World Trade 0.0053%Rnk 893 / 1218

About

Overview This page contains the latest trade data of Prepared Explosives. In 2022, Prepared Explosives were the world's 893rd most traded product, with a total trade of $1.26B. Between 2021 and 2022 the exports of Prepared Explosives grew by 36.8%, from $919M to $1.26B. Trade in Prepared Explosives represent 0.0053% of total world trade.

Prepared Explosives are a part of Explosives, matches, & fireworks. They include Prepared explosives, except propellent powders.

Exports In 2022 the top exporters of Prepared Explosives  were United States ($256M), Russia ($95.2M), South Africa ($67.7M), Sweden ($63.2M), and Germany ($63.1M).

Imports In 2022 the top importers of Prepared Explosives were United States ($128M), Canada ($102M), Peru ($89.2M), Australia ($62.2M), and Burkina Faso ($41.4M).

Ranking Prepared Explosives ranks 865th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Prepared Explosives. 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 (2022)United States$256M
Top Destination (2022)United States$128M

In 2022 Prepared Explosives were the world's 893rd most traded product (out of 1,218).

In 2022, the top exporters of Prepared Explosives were United States ($256M), Russia ($95.2M), South Africa ($67.7M), Sweden ($63.2M), and Germany ($63.1M).

In 2022, the top importers of Prepared Explosives were United States ($128M), Canada ($102M), Peru ($89.2M), Australia ($62.2M), and Burkina Faso ($41.4M).

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Exporters of Prepared Explosives (2022)
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Importers of Prepared Explosives (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$67.3M
Top Destination Growth (2021 -  2022)Peru$82.1M

Between 2021 and 2022, the exports of Prepared Explosives grew the fastest in United States ($67.3M), Russia ($42.8M), Sweden ($22.9M), Poland ($21.5M), and Australia ($20.3M).

Between 2021 and 2022, the fastest growing importers of Prepared Explosives were Peru ($82.1M), United States ($22.9M), Australia ($14.2M), Canada ($13.7M), and Poland ($12M).

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Exporters of Prepared Explosives (2021 - 2022)

Importers of Prepared Explosives (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Prepared Explosives.

In 2022, market concentration measured using Shannon Entropy, was 4.77. This means that most of the exports of Prepared Explosives are explained by 27 countries.

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Value of Exports in Prepared Explosives

Net Trade

TOP NET EXPORTER (2022)United States$129M
TOP NET IMPORTER (2022)Canada$80.2M

This map shows which countries export or import more of Prepared Explosives. Each country is colored based on the difference in exports and imports of Prepared Explosives during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Prepared Explosives were United States ($129M), Russia ($95M), South Africa ($58.7M), Poland ($42.8M), and India ($42.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Prepared Explosives were Canada ($80.2M), Peru ($65.8M), Australia ($38.8M), Burkina Faso ($32M), and Zimbabwe ($22.7M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Prepared Explosives.
It is possible to select the main countries that export or import Prepared Explosives in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Prepared Explosives by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $1.05M
TOP IMPORT POTENTIALCanada+ $3.91M

Prepared Explosives’s highest export potential is Germany. With an export gap of $1.05M.  Prepared Explosives’s highest import potential is Canada with an import gap of $3.91M.

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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 (2022)

Country by Relatedness

The following visualization shows the relatedness of Prepared Explosives to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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