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890510 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.51BRnk 1679 / 4644
2023
Top Exporter | Top Importer $312M | $248MNetherlands | India
2023
Product Complexity -1.69Rnk 4390 / 4656
2022 - 2023
Export Growth (CAGR) -24.7%Rnk 3987 / 4644
2023
Share of World Trade 0.0067%Rnk 1679 / 4644

About

Overview This page contains the latest trade data of Dredgers. In 2023, Dredgers were the world's 1679th most traded product, with a total trade of $1.51B. Between 2022 and 2023 the exports of Dredgers decreased by -24.7%, from $2B to $1.51B. Trade in Dredgers represent 0.0067% of total world trade.

Dredgers are a part of Special Purpose Ships.

Exports In 2023 the top exporters of Dredgers  were Netherlands ($312M), India ($283M), Singapore ($242M), China ($198M), and Bahamas ($87.5M).

Imports In 2023 the top importers of Dredgers were India ($248M), Philippines ($242M), Singapore ($103M), Oman ($93.1M), and United States ($91.1M).

Ranking Dredgers ranks 4390th in the Product Complexity Index (PCI).

Description Dredgers are used to remove sand and mud from the bottom of rivers, harbors, and bays. Dredgers are also used to remove sediment from the bottom of lakes and reservoirs. The sediment is often used as construction aggregate.

Latest Trends

Latest Data

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

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Netherlands$312M
Top Destination (2023)India$248M

In 2023 Dredgers were the world's 1679th most traded product (out of 4,644).

In 2023, the top exporters of Dredgers were Netherlands ($312M), India ($283M), Singapore ($242M), China ($198M), and Bahamas ($87.5M).

In 2023, the top importers of Dredgers were India ($248M), Philippines ($242M), Singapore ($103M), Oman ($93.1M), and United States ($91.1M).

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Exporters of Dredgers (2023)
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Importers of Dredgers (2023)
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Market Dynamics

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Top Origin Growth (2022 -  2023)India$87.8M
Top Destination Growth (2022 -  2023)Russia$86.2M

Between 2022 and 2023, the exports of Dredgers grew the fastest in India ($87.8M), Bahamas ($87.5M), South Korea ($38.2M), Netherlands ($37.6M), and Sri Lanka ($31M).

Between 2022 and 2023, the fastest growing importers of Dredgers were Russia ($86.2M), United States ($82.3M), Singapore ($62.2M), Sri Lanka ($52.8M), and South Africa ($32.8M).

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Exporters of Dredgers (2022 - 2023)

Importers of Dredgers (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Dredgers.

In 2023, market concentration measured using Shannon Entropy, was 3.59. This means that most of the exports of Dredgers are explained by 12 countries.

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Value of Exports in Dredgers

Net Trade

TOP NET EXPORTER (2023)Netherlands$248M
TOP NET IMPORTER (2023)Philippines$227M

This map shows which countries export or import more of Dredgers. Each country is colored based on the difference in exports and imports of Dredgers during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Dredgers were Netherlands ($248M), China ($197M), Singapore ($139M), Bahamas ($87.2M), and South Korea ($41M).

In 2023, the countries that had a largest trade value in imports than in exports of Dredgers were Philippines ($227M), Oman ($91M), Russia ($68.3M), United States ($65.6M), and Sri Lanka ($42.2M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Dredgers.
It is possible to select the main countries that export or import Dredgers in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Dredgers by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2023)

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