2022
Exports
$226MWorld Rnk 5 / 84
Flag Rnk 284 / 1212
2022
PRODUCT COMPLEXITY IN Tug Boats
-0.93Rnk 819 / 1025
2022
Imports
$364MWorld Rnk 2 / 141
Flag Rnk 217 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $226M in Tug Boats, making it the 5th largest exporter of Tug Boats in the world. At the same year, Tug Boats was the 284th most exported product in India. The main destination of Tug Boats exports from India are: Sri Lanka ($81.2M), Singapore ($62.5M), United Arab Emirates ($34M), Oman ($14.7M), and Qatar ($12M).

The fastest growing export markets for Tug Boats of India between 2021 and 2022 were Sri Lanka ($67.9M), Singapore ($15.9M), and Oman ($12.7M).

Imports In 2022, India imported $364M in Tug Boats, becoming the 2nd largest importer of Tug Boats in the world. At the same year, Tug Boats was the 217th most imported product in India. India imports Tug Boats primarily from: Singapore ($205M), United Arab Emirates ($55M), Indonesia ($45.5M), Japan ($25.5M), and China ($8.25M).

The fastest growing import markets in Tug Boats for India between 2021 and 2022 were Singapore ($150M), United Arab Emirates ($27.5M), and Indonesia ($16M).

COMPANIES In 2023, leading companies such as At Home Procurement (1) were at the forefront of shipping Tug Boats from India to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Tug Boats. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$226M
IMPORTS (2022)$364M
NET TRADE (2022)-$138M

In 2022, India exported $226M in Tug Boats. The main destinations of India exports on Tug Boats were Sri Lanka ($81.2M), Singapore ($62.5M), United Arab Emirates ($34M), Oman ($14.7M), and Qatar ($12M).

In 2022, India imported $364M in Tug Boats, mainly from Singapore ($205M), United Arab Emirates ($55M), Indonesia ($45.5M), Japan ($25.5M), and China ($8.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tug Boats EXPORT MARKETS FOR India WERE (2021 - 2022):
Sri Lanka$67.9M (509%)
Singapore$15.9M (34.2%)
Oman$12.7M (630%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tug Boats BY India WERE (2021 - 2022):
Angola-$39.3M (-100%)
Indonesia-$35.1M (-80.8%)
United Arab Emirates-$23.4M (-40.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Tug Boats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $3.77M
TOP IMPORT POTENTIALChina+ $11.9M

Tug Boats’s highest export potential is Indonesia. With an export gap of $3.77M.   Tug Boats’s highest import potential is China with an import gap of $11.9M.

See methodology.

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