Boat Propellers8485 (Harmonized System 1992 for 4-digit)
2021 World Trade: $11.2B, Rnk 326 / 1217
2021 Top Exporter | Top Importer: $2.31B | $1.14B, Germany | United States
2021 Product Complexity: 1.41, Rnk 69 / 1024
2020 - 2021 Export Growth (CAGR): 15.9%, Rnk 821 / 1217
2018 Mean Tariff: 6.09%, Rnk 696 / 1259
2021 Share of World Trade: 0.053%, Rnk 326 / 1217
Overview This page contains the latest trade data of Boat Propellers. In 2021, Boat Propellers were the world's 326th most traded product, with a total trade of $11.2B. Between 2020 and 2021 the exports of Boat Propellers grew by 15.9%, from $9.65B to $11.2B. Trade in Boat Propellers represent 0.053% of total world trade.
Boat Propellers are a part of Machinery, mechanical appliances, & parts. They include Machinery parts, non-electrical, nes and Ships' or boats' propellers and blades thereof.
Exports In 2021 the top exporters of Boat Propellers were Germany ($2.31B), China ($1.42B), United States ($1.32B), Japan ($814M), and Italy ($477M).
Imports In 2021 the top importers of Boat Propellers were United States ($1.14B), China ($1.05B), Germany ($947M), France ($410M), and Italy ($353M).
Tariffs In 2018 the average tariff for Boat Propellers was 6.09%, making it the 696th lowest tariff using the HS4 product classification.
Ranking Boat Propellers ranks 69th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Boat Propellers. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2021): Germany, $2.31B
Top Destination (2021): United States, $1.14B
Boat Propellers are the world's 326th most traded product.
In 2021, the top exporters of Boat Propellers were Germany ($2.31B), China ($1.42B), United States ($1.32B), Japan ($814M), and Italy ($477M).
In 2021, the top importers of Boat Propellers were United States ($1.14B), China ($1.05B), Germany ($947M), France ($410M), and Italy ($353M).
Trade by country
Between 2020 and 2021, the exports of Boat Propellers grew the fastest in Germany ($298M), United States ($291M), Chinese Taipei ($120M), Italy ($103M), and Japan ($96.2M).
Between 2020 and 2021, the fastest growing importers of Boat Propellers were China ($223M), United States ($160M), Germany ($129M), Thailand ($122M), and France ($87.6M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Boat Propellers.
In 2021, market concentration measured using Shannon Entropy, was 4.34. This means that most of the exports of Boat Propellers are explained by 20 countries.
This map shows which countries export or import more of Boat Propellers. Each country is colored based on the difference in exports and imports of Boat Propellers during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Boat Propellers were Germany ($1.36B), Japan ($519M), Chinese Taipei ($379M), China ($367M), and United States ($175M).
In 2021, the countries that had a largest trade value in imports than in exports of Boat Propellers were Liberia ($247M), Marshall Islands ($178M), Russia ($167M), Brazil ($148M), and Hong Kong ($146M).
In 2021, the world most traded Boat Propellers, disaggragated by their HS6 level were Machinery parts, non-electrical, nes ($10.4B) and Ships' or boats' propellers and blades... ($798M)
This visualization shows the countries that have an important ratio of their trade related to Boat Propellers. It is possible to select the main countries that export or import Boat Propellers in the world, or by continent, as well as select the measure of interest.
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v5.1.17 quail