HS Code:
This category (HS Code: 9303) includes other firearms and similar devices that operate by the firing of an explosive charge. It encompasses a variety of products such as sporting shotguns and rifles, muzzle-loading firearms, Very pistols and devices designed to project signal flares, pistols and revolvers for firing blank ammunition, captive-bolt humane killers, and line-throwing guns. These products are primarily used for sporting, safety, and specialized industrial or humanitarian purposes, rather than military applications.
Total Trade Volume
USD 3.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
14% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU Single Market or USMCA)
Growing demand for sporting firearms
Increased production and export from countries like the US and Italy due to rising interest in hunting and shooting sports globally.
2021-2022
Technological advancements in safety mechanisms
Manufacturers are innovating with safer, user-friendly designs, boosting consumer confidence and market growth in regions with strict regulations.
2020-2022
Rising regulatory scrutiny
Stricter national laws and international agreements are impacting trade flows, particularly for blank-firing pistols and signal devices, leading to delays and higher compliance costs.
2019-2022
The European Union introduced new import licensing requirements for sporting firearms and blank-firing pistols to enhance public safety and track the flow of such goods.
March 2023
This is expected to slow down trade into the EU market, increase compliance costs for exporters, and potentially shift trade to less regulated regions.
The US government announced tax incentives for domestic firearm manufacturers to meet rising demand for sporting rifles and shotguns, reducing reliance on imports.
July 2022
This may reduce import volumes from countries like Italy and Turkey while boosting US export competitiveness in the long term.
Turkey has signed trade agreements with several Middle Eastern and African countries to export sporting shotguns, capitalizing on competitive pricing and growing demand.
September 2022
This is likely to increase Turkey's share in the global market, challenging established exporters like Italy and Germany in specific regions.