HS Code:
The HS Code 9301.10 category pertains to artillery weapons, including guns, howitzers, and mortars, which are primarily used for military purposes. This category falls under Chapter 93 of the Harmonized System, which covers arms and ammunition. These products are highly regulated due to their strategic and defense implications, and trade is often influenced by geopolitical factors, international treaties, and national security policies.
Total Trade Volume
Approximately $5.2 billion USD
Data from 2022
Source
United Nations Comtrade Database & International Trade Centre (ITC)
$1.8 billion USD
34.6% of total trade of total trade
Increasing
$900 million USD
17.3% of total trade of total trade
Stable
$600 million USD
11.5% of total trade of total trade
Increasing
$450 million USD
8.7% of total trade of total trade
Increasing
$350 million USD
6.7% of total trade of total trade
Stable
Average Rate
5.5% ad valorem
Highest Rate
15% (imposed by certain countries under national security clauses)
Lowest Rate
0% (under free trade agreements or defense pacts)
Rising demand in conflict zones
Increased exports to regions experiencing geopolitical instability, particularly in the Middle East and parts of Africa.
2021-2022
Technological advancements
Shift towards precision-guided artillery systems, driving innovation and higher trade value per unit.
2020-2022
Stricter international regulations
Slowdown in trade with non-compliant countries due to tightened export controls and sanctions.
2019-2022
The United States updated its defense export policy to streamline exports to NATO allies, impacting artillery weapon trade.
March 2023
Expected to increase trade volume with European allies by 10-15% over the next two years.
Ongoing conflict has led to a surge in demand for artillery systems, with several countries ramping up production and exports.
February 2022 - Present
Significant increase in trade volume, particularly for European manufacturers.
Several countries have tightened compliance with the Arms Trade Treaty, leading to stricter scrutiny of artillery exports.
January 2023
Potential delays in trade approvals for non-compliant regions or entities.