Sign In
Pricing

Cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods

8901 (Harmonized System 1992 for 4-digit)

2022
World Trade $72.2BRnk 51 / 1218
2022
Top Exporter | Top Importer $17.6B | $11.2BChina | Liberia
2022
Product Complexity -0.56Rnk 723 / 1033
2021 - 2022
Export Growth (CAGR) -4.45%Rnk 1011 / 1218
2022
Share of World Trade 0.3%Rnk 51 / 1218

About

Overview This page contains the latest trade data of Passenger and Cargo Ships. In 2022, Passenger and Cargo Ships were the world's 51st most traded product, with a total trade of $72.2B. Between 2021 and 2022 the exports of Passenger and Cargo Ships decreased by -4.45%, from $75.5B to $72.2B. Trade in Passenger and Cargo Ships represent 0.3% of total world trade.

Passenger and Cargo Ships are a part of Ships, boats, & floating structures. They include Cargo vessels other than tanker or refrigerated, Tankers, Cruise ships, excursion boats, ferry boats, and Refrigerated vessels other than tankers.

Exports In 2022 the top exporters of Passenger and Cargo Ships  were China ($17.6B), South Korea ($16.1B), Japan ($9.4B), Germany ($4.57B), and Italy ($4.5B).

Imports In 2022 the top importers of Passenger and Cargo Ships were Liberia ($11.2B), United States ($7.14B), Marshall Islands ($6.8B), Singapore ($6.76B), and Panama ($5.4B).

Ranking Passenger and Cargo Ships ranks 723rd in the Product Complexity Index (PCI).

Description Cruise ships are used to transport people on long trips. They're usually used for cruises, which are trips that last several days or weeks. Excursion boats are smaller boats that can be used for shorter trips. Ferry-boats and cargo ships are large vessels that can carry a lot of cargo. Barges and similar vessels are also large vessels that can carry a lot of cargo.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Passenger and Cargo Ships. Countries are shown based on data availability.

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

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2022)China$17.6B
Top Destination (2022)Liberia$11.2B

In 2022 Passenger and Cargo Ships were the world's 51st most traded product (out of 1,218).

In 2022, the top exporters of Passenger and Cargo Ships were China ($17.6B), South Korea ($16.1B), Japan ($9.4B), Germany ($4.57B), and Italy ($4.5B).

In 2022, the top importers of Passenger and Cargo Ships were Liberia ($11.2B), United States ($7.14B), Marshall Islands ($6.8B), Singapore ($6.76B), and Panama ($5.4B).

Explore Visualizations

Exporters of Passenger and Cargo Ships (2022)
[Click to Select a Country]

Importers of Passenger and Cargo Ships (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)France$2.54B
Top Destination Growth (2021 -  2022)United States$3.74B

Between 2021 and 2022, the exports of Passenger and Cargo Ships grew the fastest in France ($2.54B), China ($2.09B), Italy ($1.02B), Denmark ($663M), and India ($554M).

Between 2021 and 2022, the fastest growing importers of Passenger and Cargo Ships were United States ($3.74B), Liberia ($3.1B), Singapore ($1.99B), United Kingdom ($682M), and Switzerland ($680M).

Explore Visualizations

Exporters of Passenger and Cargo Ships (2021 - 2022)

Importers of Passenger and Cargo Ships (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Passenger and Cargo Ships.

In 2022, market concentration measured using Shannon Entropy, was 3.68. This means that most of the exports of Passenger and Cargo Ships are explained by 12 countries.

Explore Visualizations

Value of Exports in Passenger and Cargo Ships

Net Trade

TOP NET EXPORTER (2022)China$16.9B
TOP NET IMPORTER (2022)Liberia$10.9B

This map shows which countries export or import more of Passenger and Cargo Ships. Each country is colored based on the difference in exports and imports of Passenger and Cargo Ships during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Passenger and Cargo Ships were China ($16.9B), South Korea ($14.3B), Japan ($9.08B), Italy ($3.83B), and Germany ($2.33B).

In 2022, the countries that had a largest trade value in imports than in exports of Passenger and Cargo Ships were Liberia ($10.9B), United States ($6.89B), Marshall Islands ($6.16B), Singapore ($5.96B), and Panama ($4.71B).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Passenger and Cargo Ships, disaggragated by their HS6 level were Cargo vessels other than tanker or... ($35.4B), Tankers ($22.4B), Cruise ships, excursion boats, ferry boats ($14.3B), and Refrigerated vessels other than tankers ($66.2M)

HS6 Disaggregation for Passenger and Cargo Ships (2022)
[Click to Select]

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Passenger and Cargo Ships by percentage of total exports

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $56.1M
TOP IMPORT POTENTIALChina+ $72M

Passenger and Cargo Ships’s highest export potential is China. With an export gap of $56.1M.  Passenger and Cargo Ships’s highest import potential is China with an import gap of $72M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

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 (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Passenger and Cargo Ships.

Country by Relatedness

The following visualization shows the relatedness of Passenger and Cargo Ships to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms