2022
Exports
$6.67BWorld Rnk 2 / 101
Flag Rnk 103 / 1216
2022
PRODUCT COMPLEXITY IN Special Purpose Ships
-1.27Rnk 902 / 1025
2022
Imports
$1.17BWorld Rnk 5 / 174
Flag Rnk 195 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $6.67B in Special Purpose Ships, making it the 2nd largest exporter of Special Purpose Ships in the world. At the same year, Special Purpose Ships was the 103rd most exported product in China. The main destination of Special Purpose Ships exports from China are: Singapore ($2.64B), Burma ($561M), Norway ($534M), Indonesia ($510M), and Russia ($288M).

The fastest growing export markets for Special Purpose Ships of China between 2021 and 2022 were Singapore ($1.77B), Burma ($560M), and Norway ($533M).

Imports In 2022, China imported $1.17B in Special Purpose Ships, becoming the 5th largest importer of Special Purpose Ships in the world. At the same year, Special Purpose Ships was the 195th most imported product in China. China imports Special Purpose Ships primarily from: Singapore ($635M), China ($246M), Germany ($228M), Nigeria ($24.5M), and Hong Kong ($16.5M).

The fastest growing import markets in Special Purpose Ships for China between 2021 and 2022 were Singapore ($561M), Germany ($228M), and Japan ($12.4M).

COMPANIES In 2023, leading companies such as Wistron (89), Vestas (12), and Panasonic (9) were at the forefront of shipping Special Purpose Ships from China to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$2.04B(666%)
IMPORT GROWTH (December 2021 - July 2024)$169M(2.96k%)
MAIN EXPORTER (August 2024)Jiangsu Province$1.9B
MAIN DESTINATION (August 2024)Brazil$1.5B

This section shows Special Purpose Ships's exports and imports data at subnational level for China. 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 Special Purpose Ships over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.67B
IMPORTS (2022)$1.17B
NET TRADE (2022)$5.5B

In 2022, China exported $6.67B in Special Purpose Ships. The main destinations of China exports on Special Purpose Ships were Singapore ($2.64B), Burma ($561M), Norway ($534M), Indonesia ($510M), and Russia ($288M).

In 2022, China imported $1.17B in Special Purpose Ships, mainly from Singapore ($635M), China ($246M), Germany ($228M), Nigeria ($24.5M), and Hong Kong ($16.5M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Special Purpose Ships EXPORT MARKETS FOR China WERE (2021 - 2022):
Singapore$1.77B (205%)
Burma$560M (90.8k%)
Norway$533M (2.52M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Purpose Ships BY China WERE (2021 - 2022):
China-$900M (-78.6%)
United Arab Emirates-$296M (-84.6%)
Philippines-$214M (-90.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Special Purpose Ships were:
In 2022, China's main importing competitors in Special Purpose Ships were:

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Trade Value of Special Purpose Ships by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $22.4M
TOP IMPORT POTENTIALNigeria+ $21.1M

Special Purpose Ships’s highest export potential is Vietnam. With an export gap of $22.4M.   Special Purpose Ships’s highest import potential is Nigeria with an import gap of $21.1M.

See methodology.

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