Weapons Sales in China decreased to 1040 USD Million in 2018 from 1227 USD Million in 2017. source: SIPRI

Weapons Sales in China averaged 849.91 USD Million from 1954 until 2018, 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 October of 2020.

Weapons Sales in China is expected to reach 1059.58 USD Million by the end of 2020, 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 2021 and 1734.67 USD Million in 2022, according to our econometric models.

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China Weapons Sales

Actual Previous Highest Lowest Dates Unit Frequency
1040.00 1227.00 2605.00 3.00 1954 - 2018 USD Million Yearly
constant 1990 prices

China Trade Last Previous Highest Lowest Unit
Balance of Trade 369.99 589.25 630.33 -320.02 USD HML [+]
Current Account 1196.00 -336.96 1330.85 -403.15 USD HML [+]
Current Account to GDP 1.00 0.40 10.10 -3.70 percent [+]
Imports 2027.59 1763.34 2027.59 13.88 USD HML [+]
Exports 2397.58 2352.59 2397.58 12.50 USD HML [+]
External Debt 20573.00 19652.14 20573.00 158.28 USD HML [+]
Terms of Trade 111.79 113.74 119.65 81.75 points [+]
Foreign Direct Investment 1032.60 890.00 1367.10 18.32 USD HML [+]
Capital Flows -1196.00 110.93 759.97 -1305.58 USD HML [+]
Tourist Arrivals 3188.00 3054.00 3188.00 22.96 Tens of Thousands [+]
Gold Reserves 1948.30 1948.30 1948.31 395.01 Tonnes [+]
Crude Oil Production 3952.00 3876.00 4408.00 1012.00 BBL/D/1K [+]
Tourism Revenues 5.97 5.40 5.97 4.13 CNY Trillion [+]
Terrorism Index 4.47 5.11 6.29 1.47 [+]
Weapons Sales 1040.00 1227.00 2605.00 3.00 USD 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.