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2022
Exports $2.86BWorld Rnk 9 / 188
Flag Rnk 55 / 96
2022
Destination $167M Canada
2021 - 2022
FASTEST GROWING MARKET $167MFinland
2022
PRODUCT COMPLEXITY IN Ships, boats, & floating structures0.3Rnk 445 / 1025
2022
Imports $11.2BWorld Rnk 2 / 223
Flag Rnk 41 / 96
2022
Origin $1.95B Italy
2021 - 2022
FASTEST GROWING ORIGIN $1.95BFrance
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $2.86B in Ships, boats, & floating structures, making it the 9th largest exporter of Ships, boats, & floating structures in the world. At the same year, Ships, boats, & floating structures was the 55th most exported product in United States. The main destination of Ships, boats, & floating structures exports from United States are: Canada ($924M), Bahamas ($248M), Finland ($171M), Mexico ($157M), and Germany ($134M).

The fastest growing export markets for Ships, boats, & floating structures of United States between 2021 and 2022 were Finland ($167M), Bahamas ($146M), and Germany ($95.2M).

Imports In 2022, United States imported $11.2B in Ships, boats, & floating structures, becoming the 2nd largest importer of Ships, boats, & floating structures in the world. At the same year, Ships, boats, & floating structures was the 41st most imported product in United States. United States imports Ships, boats, & floating structures primarily from: Italy ($3.8B), France ($2.21B), Germany ($1.12B), Finland ($1.06B), and Singapore ($523M).

The fastest growing import markets in Ships, boats, & floating structures for United States between 2021 and 2022 were France ($1.95B), Finland ($1.05B), and Italy ($1.01B).

COMPANIES In 2023, leading companies such as Wistron (159), YAMAHA CORPORATION OF AMERICA (78), and CrimsonLogic (59) were at the forefront of shipping Ships, boats, & floating structures to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Ships, boats, & floating structures exports accounted up to $121M and imports accounted up to $224M, resulting in a negative trade balance of $103M. Between August 2023 and August 2024 the exports of United States'   Ships, boats, & floating structures have decreased by $-56.2M (-31.7%) from $177M to $121M, while imports decreased by $-45.2M (-16.8%) from $270M to $224M.

Destinations In August 2024, Ships, boats, & floating structures were exported mostly to Canada ($39.7M), Chinese Taipei ($10.8M), Mexico ($10.6M), Australia ($9.26M), and United Arab Emirates ($4.19M), and were imported mostly from Italy ($44.5M), Mexico ($23.5M), France ($21.5M), Australia ($17.8M), and South Africa ($17.7M).

Growth In August 2024, the decrease in Ships, boats, & floating structures's year-by-year exports was explained primarily by a decrease in exports to Netherlands ($-4.96M or -52.7%), Belgium ($-4.35M or -68.4%), and Hong Kong ($-3.67M or -90.7%). In August 2024, the decrease in Ships, boats, & floating structures's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei ($-10.7M or -63.4%), South Africa ($-9.63M or -98.3%), and Italy ($-8.69M or -11.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-56.2M(-31.7%)
IMPORT GROWTH (August 2023 - August 2024)$-45.2M(-16.8%)
MAIN EXPORTER (August 2024)Florida$331M
MAIN DESTINATION (August 2024)Canada$39.7M

This section shows Ships, boats, & floating structures's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Ships, boats, & floating structures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.86B
IMPORTS (2022)$11.2B
NET TRADE (2022)-$8.32B

In 2022, United States exported $2.86B in Ships, boats, & floating structures. The main destinations of United States exports on Ships, boats, & floating structures were Canada ($924M), Bahamas ($248M), Finland ($171M), Mexico ($157M), and Germany ($134M).

In 2022, United States imported $11.2B in Ships, boats, & floating structures, mainly from Italy ($3.8B), France ($2.21B), Germany ($1.12B), Finland ($1.06B), and Singapore ($523M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ships, boats, & floating structures EXPORT MARKETS FOR United States WERE (2021 - 2022):
Finland$167M (3.95k%)
Bahamas$146M (144%)
Germany$95.2M (247%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ships, boats, & floating structures BY United States WERE (2021 - 2022):
Gabon-$89.7M (-99.8%)
Saudi Arabia-$66.8M (-83.4%)
New Zealand-$45.6M (-66.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Ships, boats, & floating structures were:
China $26.1B
South Korea $23.9B
Japan $9.94B
In 2022, United States's main importing competitors in Ships, boats, & floating structures were:
Liberia $11.2B
Singapore $10.6B

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Trade Value of Ships, boats, & floating structures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $13.4M
TOP IMPORT POTENTIALChina+ $65M

Ships, boats, & floating structures’s highest export potential is Germany. With an export gap of $13.4M.   Ships, boats, & floating structures’s highest import potential is China with an import gap of $65M.

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