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2022
Exports $13.4MWorld Rnk 23 / 84
Flag Rnk 1040 / 1217
2022
Destination $407k Mexico
2021 - 2022
FASTEST GROWING MARKET $407kCanada
2022
PRODUCT COMPLEXITY IN Tug Boats-0.93Rnk 819 / 1025
2022
Imports $4.69MWorld Rnk 67 / 141
Flag Rnk 1162 / 1216
2022
Origin $1.8M United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $1.8MUnited Kingdom
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $13.4M in Tug Boats, making it the 23rd largest exporter of Tug Boats in the world. At the same year, Tug Boats was the 1040th most exported product in United States. The main destination of Tug Boats exports from United States are: Mexico ($9.5M), Canada ($1.25M), Guyana ($471k), Bahamas ($383k), and Nigeria ($339k).

The fastest growing export markets for Tug Boats of United States between 2021 and 2022 were Canada ($407k), Guyana ($371k), and Colombia ($288k).

Imports In 2022, United States imported $4.69M in Tug Boats, becoming the 67th largest importer of Tug Boats in the world. At the same year, Tug Boats was the 1162nd most imported product in United States. United States imports Tug Boats primarily from: United Kingdom ($1.81M), Bahamas ($1.5M), Germany ($623k), Canada ($578k), and Sweden ($147k).

The fastest growing import markets in Tug Boats for United States between 2021 and 2022 were United Kingdom ($1.8M), Bahamas ($1.5M), and Canada ($549k).

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

Latest Trends

September 2024

About

Overview In September 2024 United States' Tug Boats exports accounted up to $576k and imports accounted up to $793k, resulting in a negative trade balance of $218k. Between September 2023 and September 2024 the exports of United States'   Tug Boats have increased by $25.7k (4.68%) from $550k to $576k, while imports increased by $793k (N/A%) from $0 to $793k.

Destinations In September 2024, Tug Boats were exported mostly to Canada ($576k), Israel ($0), United Kingdom ($0), Greece ($0), and Bahamas ($0), and were imported mostly from Canada ($793k) and Croatia ($0).

Growth In September 2024, the increase in Tug Boats's year-by-year exports was explained primarily by an increase in exports to . In September 2024, the increase in Tug Boats's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$25.7k(4.68%)
IMPORT GROWTH (July 2023 - September 2024)$793k(N/A%)
MAIN EXPORTER (September 2024)Louisiana$900k
MAIN DESTINATION (September 2024)Canada$576k

This section shows Tug Boats'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 Tug Boats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$13.4M
IMPORTS (2022)$4.69M
NET TRADE (2022)$8.72M

In 2022, United States exported $13.4M in Tug Boats. The main destinations of United States exports on Tug Boats were Mexico ($9.5M), Canada ($1.25M), Guyana ($471k), Bahamas ($383k), and Nigeria ($339k).

In 2022, United States imported $4.69M in Tug Boats, mainly from United Kingdom ($1.81M), Bahamas ($1.5M), Germany ($623k), Canada ($578k), and Sweden ($147k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tug Boats EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$407k (48.3%)
Guyana$371k (371%)
Colombia$288k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tug Boats BY United States WERE (2021 - 2022):
Mexico-$8.8M (-48.1%)
Germany-$2.97M (-100%)
Bahamas-$1.72M (-81.7%)
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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 Tug Boats were:
China $444M
Qatar $340M
Singapore $339M
In 2022, United States's main importing competitors in Tug Boats were:
United Arab Emirates $453M
India $364M
Singapore $195M

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Trade Value of Tug Boats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $856k
TOP IMPORT POTENTIALGermany+ $81.7k

Tug Boats’s highest export potential is Canada. With an export gap of $856k.   Tug Boats’s highest import potential is Germany with an import gap of $81.7k.

See methodology.

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