HS Code:
The category 'Other sporting, hunting or target-shooting shotguns, including combination shotgun-rifles' (HS Code: 930320) encompasses firearms specifically designed for sporting, hunting, or target-shooting purposes, excluding military weapons. This includes shotguns and combination shotgun-rifles used by enthusiasts, hunters, and competitive shooters globally. These products are subject to strict regulations due to their nature, with trade influenced by national laws on firearms, safety standards, and cultural attitudes towards hunting and shooting sports.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 350 million
29.2% of total trade of total trade
Increasing
USD 300 million
25.0% 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
Stable
USD 80 million
6.7% of total trade of total trade
Decreasing
Average Rate
5.8%
Highest Rate
15% (applied by certain countries with strict firearm import controls)
Lowest Rate
0% (under free trade agreements or for specific WTO members)
Rising demand for sporting shotguns in emerging markets
Increased exports to regions like South America and parts of Asia due to growing interest in hunting and shooting sports
2021-2022
Shift towards lightweight and customizable firearms
Manufacturers are innovating with materials and designs, boosting trade in high-value, specialized products
2020-2022
Stricter regulations in key markets
Reduced trade volumes in countries with tightened firearm laws, redirecting exports to less regulated markets
2019-2022
The European Union introduced stricter import controls on sporting and hunting shotguns to curb illicit trade and enhance traceability.
March 2023
Potential reduction in trade volume to EU countries; exporters must adapt to new compliance requirements.
A bilateral agreement reduced tariffs on Turkish-made shotguns entering the US market, boosting Turkey's export share.
July 2022
Increased competitiveness of Turkish manufacturers in the largest firearms market.
Italian manufacturers unveiled new eco-friendly and lightweight shotgun models at a global trade fair, gaining significant attention.
September 2023
Likely to reinforce Italy's position as a leading exporter with premium, innovative products.