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890392 (Harmonized System 1992 for 6-digit)

2023
World Trade $10.4BRnk 343 / 4644
2023
Top Exporter | Top Importer $3.1B | $2BItaly | United States
2023
Product Complexity 0.58Rnk 1514 / 4656
2022 - 2023
Export Growth (CAGR) 19.7%Rnk 297 / 4644
2023
Share of World Trade 0.046%Rnk 343 / 4644

About

Overview This page contains the latest trade data of Motorboats, other than outboard motorboats. In 2023, Motorboats, other than outboard motorboats were the world's 343rd most traded product, with a total trade of $10.4B. Between 2022 and 2023 the exports of Motorboats, other than outboard motorboats grew by 19.7%, from $8.72B to $10.4B. Trade in Motorboats, other than outboard motorboats represent 0.046% of total world trade.

Motorboats, other than outboard motorboats are a part of Recreational Boats.

Exports In 2023 the top exporters of Motorboats, other than outboard motorboats  were Italy ($3.1B), Germany ($1.32B), United States ($867M), United Kingdom ($729M), and France ($457M).

Imports In 2023 the top importers of Motorboats, other than outboard motorboats were United States ($2B), Cayman Islands ($1.78B), Malta ($726M), France ($451M), and Canada ($449M).

Ranking Motorboats, other than outboard motorboats ranks 1514th in the Product Complexity Index (PCI).

Description Motorboats are used for many purposes. Some of the most common uses are for fishing, for recreation, and for water taxis.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Motorboats, other than outboard motorboats. 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)Italy$3.1B
Top Destination (2023)United States$2B

In 2023 Motorboats, other than outboard motorboats were the world's 343rd most traded product (out of 4,644).

In 2023, the top exporters of Motorboats, other than outboard motorboats were Italy ($3.1B), Germany ($1.32B), United States ($867M), United Kingdom ($729M), and France ($457M).

In 2023, the top importers of Motorboats, other than outboard motorboats were United States ($2B), Cayman Islands ($1.78B), Malta ($726M), France ($451M), and Canada ($449M).

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Exporters of Motorboats, other than outboard motorboats (2023)
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Importers of Motorboats, other than outboard motorboats (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$723M
Top Destination Growth (2022 -  2023)Cayman Islands$1.17B

Between 2022 and 2023, the exports of Motorboats, other than outboard motorboats grew the fastest in Italy ($723M), Germany ($277M), Cayman Islands ($184M), Turkey ($141M), and United States ($137M).

Between 2022 and 2023, the fastest growing importers of Motorboats, other than outboard motorboats were Cayman Islands ($1.17B), United States ($195M), Marshall Islands ($180M), Cyprus ($178M), and Croatia ($93.5M).

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Exporters of Motorboats, other than outboard motorboats (2022 - 2023)

Importers of Motorboats, other than outboard motorboats (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Motorboats, other than outboard motorboats.

In 2023, market concentration measured using Shannon Entropy, was 4.01. This means that most of the exports of Motorboats, other than outboard motorboats are explained by 16 countries.

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Value of Exports in Motorboats, other than outboard motorboats

Net Trade

TOP NET EXPORTER (2023)Italy$2.85B
TOP NET IMPORTER (2023)Cayman Islands$1.49B

This map shows which countries export or import more of Motorboats, other than outboard motorboats. Each country is colored based on the difference in exports and imports of Motorboats, other than outboard motorboats during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Motorboats, other than outboard motorboats were Italy ($2.85B), Germany ($1.14B), United Kingdom ($471M), Turkey ($293M), and Mexico ($273M).

In 2023, the countries that had a largest trade value in imports than in exports of Motorboats, other than outboard motorboats were Cayman Islands ($1.49B), United States ($1.13B), Malta ($655M), Canada ($407M), and Marshall Islands ($332M).

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 Motorboats, other than outboard motorboats.
It is possible to select the main countries that export or import Motorboats, other than outboard motorboats in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Motorboats, other than outboard motorboats 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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