HS Icon Other Floating Structures

8907 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Other Floating Structures. In 2020, Other Floating Structures were the world's 845th most traded product, with a total trade of $1.22B. Between 2019 and 2020 the exports of Other Floating Structures decreased by -2.16%, from $1.25B to $1.22B. Trade in Other Floating Structures represent 0.0073% of total world trade.

Other Floating Structures include Buoys, beacons, coffer-dams, pontoons, floats nes and Inflatable rafts.

Exports In 2020 the top exporters of Other Floating Structures  were N/A.

Imports In 2020 the top importers of Other Floating Structures were United States ($97.3M), Brazil ($87.2M), Singapore ($60.3M), Norway ($47.9M), and Russia ($47.8M).

Tariffs In 2018 the average tariff for Other Floating Structures was 5.32%, making it the 780th lowest tariff using the HS4 product classification.

Ranking Other Floating Structures ranks 679th in the Product Complexity Index (PCI).

Description Rafts, tanks, coffer-dams, landing stages, buoys and other floating structures are used to keep ships afloat. They can be made from a variety of materials, including wood, metal and plastic.

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Y-AXIS SCALE

The following visualization shows the latest trends on Other Floating Structures. 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.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Destination (2020): United States, $97.3M

Other Floating Structures are the world's 845th most traded product.

In 2020, the top importers of Other Floating Structures were United States ($97.3M), Brazil ($87.2M), Singapore ($60.3M), Norway ($47.9M), and Russia ($47.8M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): China, $62.4M

Top Destination Growth (2019 - 2020): Brazil, $25.3M

Between 2019 and 2020, the exports of Other Floating Structures grew the fastest in China ($62.4M), United Kingdom ($51.6M), Indonesia ($11M), Turkey ($10.9M), and Malta ($8.83M).

Between 2019 and 2020, the fastest growing importers of Other Floating Structures were Brazil ($25.3M), Guyana ($25.2M), Russia ($21.5M), Netherlands ($15.2M), and Israel ($14.9M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Other Floating Structures.

In 2020,  market concentration measured using Shannon Entropy, was 4.39. This means that most of the exports of Other Floating Structures are explained by 20 countries.

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TOP NET EXPORTER (2020): China, $194M

TOP NET IMPORTER (2020): Brazil, $83.7M

This map shows which countries export or import more of Other Floating Structures. Each country is colored based on the difference in exports and imports of Other Floating Structures during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Other Floating Structures were China ($194M), United Kingdom ($160M), Germany ($71.8M), United States ($42M), and Estonia ($20.1M).

In 2020, the countries that had a largest trade value in imports than in exports of Other Floating Structures were Brazil ($83.7M), Singapore ($49.8M), Russia ($44.2M), Guyana ($35.8M), and Chinese Taipei ($23M).

Disaggregation

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Value

In 2020, the world most traded Other Floating Structures, disaggragated by their HS6 level were Buoys, beacons, coffer-dams, pontoons, floats nes ($837M) and Inflatable rafts ($384M)

Country Comparison

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

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Other Floating Structures to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.