Weapons Sales in China decreased to 760 USD Million in 2020 from 1472 USD Million in 2019. source: SIPRI

Weapons Sales in China averaged 864.11 USD Million from 1954 until 2020, reaching an all time high of 2605 USD Million in 1987 and a record low of 3 USD Million in 1954. China Weapons Sales - values, historical data and charts - was last updated on August of 2021.

Weapons Sales in China is expected to reach 1059.58 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Weapons Sales is projected to trend around 1059.58 USD Million in 2022 and 1734.67 USD Million in 2023, according to our econometric models.

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China Weapons Sales

Actual Previous Highest Lowest Dates Unit Frequency
760.00 1472.00 2605.00 3.00 1954 - 2020 SIPRI TIV Million Yearly

China Trade Last Previous Highest Lowest Unit
Balance of Trade 515.30 455.40 769.91 -619.93 USD HML [+]
Current Account 751.00 1237.65 1330.85 -404.54 USD HML [+]
Current Account to GDP 1.90 0.80 10.10 -3.70 percent of GDP [+]
Imports 2298.90 2183.83 2298.90 13.88 USD HML [+]
Exports 2814.20 2639.22 2818.32 12.50 USD HML [+]
External Debt 24007.90 20573.00 24007.90 158.28 USD HML [+]
Terms of Trade 88.59 93.62 119.65 81.75 points [+]
Foreign Direct Investment 909.60 753.00 1443.70 18.32 USD HML [+]
Capital Flows -751.00 -418.98 759.97 -1305.58 USD HML [+]
Tourist Arrivals 3188.00 3054.00 3188.00 22.96 Tens of Thousands [+]
Gold Reserves 1948.31 1948.31 1948.31 395.01 Tonnes [+]
Crude Oil Production 3992.00 4024.00 4408.00 1012.00 BBL/D/1K [+]
Tourism Revenues 6.63 5.97 6.63 0.77 CNY Trillion [+]
Terrorism Index 3.59 4.47 6.29 1.47 [+]
Weapons Sales 760.00 1472.00 2605.00 3.00 SIPRI TIV Million [+]


China Weapons Sales
Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.