In 2023, the United States led the global export market for revolvers and pistols with a significant share of 30.74%. The Czech Republic and Germany followed with shares of 18.21% and 17.93% respectively. Notably, smaller countries like Slovakia and Croatia demonstrated substantial year-on-year growth, with increases of 7.69% and 3.48%. Contrarily, the United Kingdom experienced a significant decline of 42.6% from the previous year.
Future trends to watch include potential shifts in market dynamics as emerging countries like Thailand, showing a substantial growth of 36.26%, begin to capture more significant market shares. Monitoring geopolitical factors and regulatory changes will also be crucial in forecasting long-term trends in the global arms trade.
Top countries in Export of Revolvers and Pistols Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 30.74 | 2023 | +3.94% | +2.63% | View data |
| 2 | 2 Czech Republic | 18.21 | 2023 | +4.35% | +1.86% | View data |
| 3 | 3 Germany | 17.93 | 2023 | +0.88% | +2.25% | View data |
| 4 | 4 Italy | 12.95 | 2023 | +1.61% | +1.44% | View data |
| 5 | 5 Croatia | 12.82 | 2023 | +1.55% | +3.48% | View data |
| 6 | 6 Slovakia | 2.82 | 2023 | +5.4% | +7.69% | View data |
| 7 | 7 Philippines | 2.46 | 2023 | +3.74% | +3.3% | View data |
| 8 | 8 Switzerland | 0.63 | 2023 | -0.96% | -2.48% | View data |
| 9 | 9 Spain | 0.22 | 2023 | -1.28% | -2.61% | View data |
| 10 | 10 New Zealand | 0.09 | 2023 | +5.7% | +4.08% | View data |
