The United States leads the global export market for bombs, grenades, mines, missiles, and ammunition, with a substantial share valued at $63.64 billion. South Korea and Spain follow, showing steady increments. Remarkably, Brazil and Croatia display rapid growth, with Brazil increasing by 6.54% year-on-year and Croatia by 8.97%. Russia's exports show a significant surge at 15.85%. In contrast, countries like Japan and France experience declines.
Looking ahead, South Korea and Russia may continue upward trends driven by technological advancements and geopolitical shifts. Monitoring regional tensions and technological advancements will provide insight into future export landscape changes.
Top countries in Export of Bombs, Grenades, Mines, Missiles, Ammunition Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 63.64 | 2023 | +2.47% | +3.11% | View data |
| 2 | 2 South Korea | 8.51 | 2023 | +4.36% | +4.54% | View data |
| 3 | 3 Spain | 6.59 | 2023 | +5.2% | +4.27% | View data |
| 4 | 4 Brazil | 3.62 | 2023 | +2.81% | +6.54% | View data |
| 5 | 5 Switzerland | 3.12 | 2023 | +3.5% | +2.19% | View data |
| 6 | 6 Norway | 3.08 | 2023 | +1.56% | +1.19% | View data |
| 7 | 7 Germany | 2.32 | 2023 | +0.79% | +0.95% | View data |
| 8 | 8 Russia | 2.04 | 2023 | -8.82% | +15.85% | View data |
| 9 | 9 Canada | 2.03 | 2023 | +1.37% | +2.77% | View data |
| 10 | 10 Italy | 1.83 | 2023 | -1.82% | -1.28% | View data |
