2022
Exports
$444MWorld Rnk 1 / 84
Flag Rnk 602 / 1216
2022
PRODUCT COMPLEXITY IN Tug Boats
-0.93Rnk 819 / 1025
2022
Imports
$66MWorld Rnk 8 / 141
Flag Rnk 727 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $444M in Tug Boats, making it the 1st largest exporter of Tug Boats in the world. At the same year, Tug Boats was the 602nd most exported product in China. The main destination of Tug Boats exports from China are: United Arab Emirates ($61.5M), Indonesia ($54.6M), Singapore ($32.4M), Bahrain ($31.6M), and Thailand ($29M).

The fastest growing export markets for Tug Boats of China between 2021 and 2022 were United Arab Emirates ($60.4M), Indonesia ($52.6M), and Bahrain ($31.6M).

Imports In 2022, China imported $66M in Tug Boats, becoming the 8th largest importer of Tug Boats in the world. At the same year, Tug Boats was the 727th most imported product in China. China imports Tug Boats primarily from: China ($26.2M), Norway ($13.1M), Singapore ($11.8M), Hong Kong ($5.87M), and South Korea ($2.56M).

The fastest growing import markets in Tug Boats for China between 2021 and 2022 were Norway ($13.1M), South Korea ($2.56M), and Hong Kong ($2.52M).

COMPANIES In 2023, leading companies such as CrimsonLogic (15), ReaderLink (7), and Jo-Ann Stores (6) were at the forefront of shipping Tug Boats from China to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$3.66M(9.75%)
IMPORT GROWTH (April 2022 - September 2024)$-17.5M(-90.5%)
MAIN EXPORTER (September 2024)Fujian Province$48.3M
MAIN DESTINATION (September 2024)Guinea$9.76M

This section shows Tug Boats'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 Tug Boats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$444M
IMPORTS (2022)$66M
NET TRADE (2022)$378M

In 2022, China exported $444M in Tug Boats. The main destinations of China exports on Tug Boats were United Arab Emirates ($61.5M), Indonesia ($54.6M), Singapore ($32.4M), Bahrain ($31.6M), and Thailand ($29M).

In 2022, China imported $66M in Tug Boats, mainly from China ($26.2M), Norway ($13.1M), Singapore ($11.8M), Hong Kong ($5.87M), and South Korea ($2.56M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tug Boats EXPORT MARKETS FOR China WERE (2021 - 2022):
United Arab Emirates$60.4M (5.83k%)
Indonesia$52.6M (2.68k%)
Bahrain$31.6M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tug Boats BY China WERE (2021 - 2022):
Thailand-$114M (-79.7%)
Saudi Arabia-$15.5M (-100%)
Burma-$13.4M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Tug Boats were:
In 2022, China's main importing competitors in Tug Boats were:

Explore Visualizations

Trade Value of Tug Boats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $11.9M
TOP IMPORT POTENTIALSouth Korea+ $1.91M

Tug Boats’s highest export potential is India. With an export gap of $11.9M.   Tug Boats’s highest import potential is South Korea with an import gap of $1.91M.

See methodology.

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