HS Code:
The Rimfire category, primarily associated with ammunition for firearms (often under HS Code 9306.30 for cartridges and parts thereof), includes small-caliber ammunition where the primer is located in the rim of the cartridge base. This category is widely used for sporting, hunting, and recreational shooting. Rimfire ammunition, such as the popular .22 Long Rifle, is known for its affordability and low recoil, making it a preferred choice for beginners and small game hunting. Global trade in this category is influenced by regulatory frameworks, national security concerns, and varying levels of demand for sporting and defense purposes.
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
Stable
USD 80 million
6.7% of total trade of total trade
Increasing
Average Rate
7.5%
Highest Rate
30% (imposed by certain countries with strict arms control policies)
Lowest Rate
0% (under free trade agreements or for specific allies)
Rising demand for sporting ammunition
Increased production and export from major manufacturing hubs like the US and Germany to meet recreational shooting demand.
2021-2022
Stricter regulations in key markets
Reduced trade volumes in regions with tightened gun control laws, pushing manufacturers to explore emerging markets.
2020-2022
Supply chain disruptions
Shortages of raw materials like lead and brass have led to price increases and delayed deliveries.
2021-2022
The United States implemented stricter export licensing requirements for rimfire ammunition to prevent diversion to conflict zones.
March 2023
Reduced export volumes to certain regions, redirecting focus to domestic sales and allied nations.
The European Union introduced new traceability requirements for ammunition, including rimfire, to combat illegal trafficking.
July 2023
Increased compliance costs for manufacturers and exporters, potentially affecting trade competitiveness.
Brazil eased restrictions on civilian firearm and ammunition ownership, boosting imports of rimfire products.
January 2023
Significant growth in trade volume for exporters targeting Latin American markets.