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volver production (page 32). In foreign trade, U.S. exports in 2007 dropped 44 percent, this after an impressive 78.6-percent increase in 2006 (page 36). Smith & Wesson was the top U.S. firearms exporter with 52,599 units exported, a 50.1-percent increase over 2006. U.S. imports increased 18 percent in 2007, but had an unusual 7.28 percent decrease in 2008 (pages 38, 39, 40). Brazil continues to hold the number one importer position with 697,369 firearms imported in 2007 and 615,517 in 2008. The top U.S. manufacturers in 2007 were: • Smith & Wesson: 523,554 (+16.24%) • Remington Arms: 521,833 (-12.87%) • Ruger: 463,996 (+11.02%). The top handgun manufacturers: • Smith & Wesson: 498,878 (+11.92%) • Ruger: 238,615 (+10.33%) • SIG SAUER: 111,653 (+24%). The top rifle producers: • Remington: 283,588 (-7%) • Marlin: 227,855 (+.48%) • Ruger: 222,902 (+13.5%). The top three shotgun companies: • Mossberg: 250,211 (+10.8%) • Remington: 238,245 (-19%) • H&R 1871: 73,145 (-16.18%). In 2007, handgun production increased 15 percent, adding to a 30-percent spike in 2006. Rifle production jumped 7.41 percent in 2007, the best showing in more than 20 years. In shotguns, 2007 production dropped 10 percent. The top three U.S. exporters for 2007 were: • Smith & Wesson: 52,599 (+50.1%) • Ruger: 27,559 (+12.21%) • Marlin: 20,672 (+4.02%). In 2008, the top importers were: • Brazil: 615,517 (-11.74%) • Austria: 370,356 (+6.18%) • Germany: 288,194 (-54.49%). The firearms industry continues to reflect tenacity and resiliency in a turbulent economic and political environment. However, there are real challenges ahead. The extraordinary buying surge has begun to subside. Will the industry face a real summer slump this year? Will there be a return to hunting firearm sales this fall? How many companies will close their doors or be acquired? And, when will an openly anti-gun administration turn its attention to the industry? 9 www.shootingindustry.com U.S. Firearm Production 1988 — 2007 5,250,000 5,000,000 4,750,000 4,500,000 4,250,000 4,000,000 3,750,000 3,500,000 3,250,000 3,000,000 2,750,000 2,500,000 2,250,000 2,000,000 1,750,000 1,500,000 1,250,000 1,000,000 750,000 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2007 U.S. Production 500,000 U.S. Exports, Imports Total U.S. Firearms Production By Type 1988 — 2007 Year 1 988 1 989 1 990 1 991 1 992 1 993 1 994 1 995 1 996 1 997 1 998 1 999 2000 2001 2002 2003 2004 2005 2006 2007 Total Handguns 1,745,722 2,031,425 1,838,895 1,838,266 1,525,21 8 2,655,478 2,581,961 1,722,930 1,484,477 1,406,505 1,284,755 1,331,230 1,281,861 943,21 3 1,088,584 1,121,024 1,022,610 1,077,630 1,403,329 1,607,81 3 30,992,926 Rifles 1,1 44,707 1,407,31 7 1,1 56,21 3 883,482 676,808 1,1 71,872 1,324,240 1,440,699 1,424,31 9 1,281,1 62 1,345,899 1,569,685 1,583,042 1,284,554 1,51 5,286 1,430,324 1,325,1 38 1,431,372 1,496,505 1,607,485 26,500,109 Shotguns 928,070 935,541 848,948 828,426 805,761 1,1 48,939 1,254,926 1,1 76,958 926,732 91 8,759 1,036,520 1,106,995 898,442 679,81 3 741,325 726,078 731,769 709,31 3 71 4,61 8 644,832 1 7,762,765 Total 3,81 8,499 4,374,283 3,844,056 3,550,1 74 3,007,787 4,976,289 5,1 61,127 4,340,587 3,835,528 3,606,426 3,667,1 74 4,007,910 3,763,345 2,907,580 3,345,1 95 3,277,426 3,079,51 7 3,21 8,31 5 3,61 4,452 3,860,1 30 75,255,800 Challenge For 2009 This report, including graphs and extended charts, is available on www.shootingindustry.com. JULY 2009 29