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Military weapons: top exporters and importers (2024)

In 2024, world trade in military weapons totaled $3.6 billion (15 thousand tonnes). The top exporters were South Korea (27%), the United States (17%) and Poland (17%); the top importers were Poland (22%), Ukraine (20%) and Nigeria (9%). Compared with 2019, the value rose 206%.

Summary

World trade
$3.6billion
Tonnes
15thousand tonnes
Price per tonne
$221,532
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. South Korea$978 million · 27.3%
  2. United States$609 million · 17%
  3. Poland$608 million · 17%
  4. Azerbaijan$322 million · 9%
  5. Norway$127 million · 3.5%
  6. Egypt$109 million · 3.1%
  7. Romania$103 million · 2.9%
  8. United Kingdom$85 million · 2.4%
  9. Bulgaria$77 million · 2.1%
  10. Spain$65 million · 1.8%
  11. France$51 million · 1.4%
  12. Italy$51 million · 1.4%
  13. Slovakia$41 million · 1.1%
  14. Turkey$40 million · 1.1%
  15. Germany$35 million · 0.98%
  16. Belgium$34 million · 0.95%
    re-exports
  17. Israel$25 million · 0.68%
  18. Canada$21 million · 0.58%
  19. Indonesia$19 million · 0.54%
  20. Czechia$18 million · 0.49%

Top importers

  1. Poland$785 million · 21.9%
  2. Ukraine$718 million · 20%
  3. Nigeria$325 million · 9.1%
  4. Saudi Arabia$164 million · 4.6%
  5. Romania$142 million · 4%
  6. South Korea$129 million · 3.6%
  7. Hungary$83 million · 2.3%
  8. Indonesia$79 million · 2.2%
  9. Brazil$76 million · 2.1%
  10. United Arab Emirates$74 million · 2.1%
  11. United States$65 million · 1.8%
  12. Finland$59 million · 1.6%
  13. Switzerland$56 million · 1.6%
  14. Australia$52 million · 1.5%
  15. Turkey$50 million · 1.4%
  16. Norway$48 million · 1.3%
  17. Israel$44 million · 1.2%
  18. Estonia$43 million · 1.2%
  19. Germany$42 million · 1.2%
  20. Azerbaijan$33 million · 0.92%

Trend

Who sells it

South Korea has been the top exporter since 2024

Value in USD millions. The five largest exporters in 2024.

  • South Korea 978
  • United States 609
  • Poland 608
  • Azerbaijan 322
  • Norway 127

Source: CEPII BACI

Show the numbers
Country19952024
South Korea< 0.01978
United States176609
Poland7.4608
Azerbaijan0322
Norway0.16127

Price

Implied price

The price per tonne rose 130% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $221,532

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$96,346
1996$113,624
1997$67,672
1998$133,997
1999$78,449
2000$97,068
2001$59,315
2002$41,955
2003$40,755
2004$71,053
2005$49,794
2006$59,673
2007$89,413
2008$101,456
2009$142,747
2010$106,602
2011$115,381
2012$186,431
2013$163,745
2014$167,288
2015$1,315
2016$64,501
2017$151,716
2018$139,396
2019$275,277
2020$237,752
2021$363,566
2022$84,594
2023$171,815
2024$221,532

What it includes

  • 9301 · Military weapons

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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