Overview This page contains the latest trade data of Weapons. In 2020, Weapons were the world's 21st most traded product, with a total trade of $13.9B. Between 2019 and 2020 the exports of Weapons decreased by -10%, from $15.4B to $13.9B. Trade in Weapons represent 0.083% of total world trade.
Weapons include Explosive Ammunition, Weapons Parts and Accessories, Other Firearms, Military Weapons, Handguns, Spring, Air, and Gas Guns, and Bladed Weapons and Accessories.
Exports In 2020 the top exporters of Weapons were United States ($3.79B), South Korea ($835M), Italy ($670M), Germany ($620M), and Austria ($570M).
Imports In 2020 the top importers of Weapons were United States ($3.65B), Saudi Arabia ($932M), United Arab Emirates ($687M), Indonesia ($496M), and Germany ($406M).
Tariffs In 2018 the average tariff for Weapons was 12.2%, making it the 6th lowest tariff using the Section product classification.
The countries with the highest import tariffs for Weapons are Nepal (78.1%), Cayman Islands (65.7%), Bhutan (48.9%), and Wallis and Futuna (45.3%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).
Ranking Weapons ranks 8th in the Product Complexity Index (PCI).