HS Code:
The 'For rifles or pistols' category, typically classified under HS Code 9305 (Parts and accessories of articles of headings 9301 to 9304, which includes rifles and pistols), encompasses components, attachments, and accessories specifically designed for rifles and pistols. This includes items such as barrels, stocks, grips, sights, and magazines, which are critical for the functionality, customization, and maintenance of firearms. This category is significant in global trade due to its relevance in military, law enforcement, and civilian markets for hunting and sport shooting. Trade in this category is often subject to strict regulatory controls due to security and safety concerns.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 450 million
37.5% of total trade of total trade
Increasing
USD 200 million
16.7% of total trade of total trade
Stable
USD 150 million
12.5% of total trade of total trade
Increasing
USD 100 million
8.3% of total trade of total trade
Increasing
USD 80 million
6.7% of total trade of total trade
Stable
Average Rate
5.8%
Highest Rate
15% (imposed by certain countries with strict firearm regulations)
Lowest Rate
0% (under free trade agreements or for specific security partnerships)
Rising demand for modular firearm components
Increased trade in customizable parts like rails and optics as consumers and agencies seek adaptable systems for rifles and pistols.
2021-2022
Growth in civilian sport shooting and hunting markets
Boosted exports from major manufacturing countries like the US and Germany to regions with growing recreational firearm use.
2020-2022
Stricter regulations in some regions
Reduced trade volumes to countries implementing tighter gun control laws, redirecting exports to other markets.
2019-2022
The United States revised export controls on firearm parts, shifting some items from the US Munitions List to the Commerce Control List, easing restrictions for certain allies.
March 2020
Increased exports to NATO countries and other partners, with a reported 10% rise in trade volume for this category.
The European Union updated its Firearms Directive to include stricter controls on the import of firearm components, requiring detailed tracking and reporting.
June 2021
Slight reduction in imports to EU countries due to compliance costs, affecting smaller exporters.
Chinese manufacturers have increased production of cost-effective firearm accessories, capturing market share in developing countries.
January 2022
Intensified competition for established exporters like the US and Germany, particularly in price-sensitive markets.