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Ships, boats and floating structures

89 (Harmonized System 1992 for 2-digit)

2023
World Trade $112BRnk 35 / 96
2023
Top Exporter | Top Importer $24.2B | $9.88BChina | Singapore
2023
Product Complexity -0.64Rnk 70 / 96
2022 - 2023
Export Growth (CAGR) -12%Rnk 75 / 96
2023
Share of World Trade 0.5%Rnk 35 / 96

About

Overview This page contains the latest trade data of Ships, boats, & floating structures. In 2023, Ships, boats, & floating structures were the world's 35th most traded product, with a total trade of $112B. Between 2022 and 2023 the exports of Ships, boats, & floating structures decreased by -12%, from $127B to $112B. Trade in Ships, boats, & floating structures represent 0.5% of total world trade.

Ships, boats, & floating structures are a part of Transportation. They include Passenger and Cargo Ships, Special Purpose Ships, Recreational Boats, Other Sea Vessels, Tug Boats, Scrap Vessels, Fishing Ships, and Other Floating Structures.

Exports In 2023 the top exporters of Ships, boats, & floating structures  were China ($24.2B), Japan ($10.2B), Italy ($5.81B), Germany ($5.39B), and Saudi Arabia ($5.24B).

Imports In 2023 the top importers of Ships, boats, & floating structures were Singapore ($9.88B), Liberia ($9.63B), United States ($9.14B), United Arab Emirates ($5.35B), and Germany ($4.7B).

Ranking Ships, boats, & floating structures ranks 70th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Ships, boats, & 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.

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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)China$24.2B
Top Destination (2023)Singapore$9.88B

In 2023 Ships, boats, & floating structures were the world's 35th most traded product (out of 96).

In 2023, the top exporters of Ships, boats, & floating structures were China ($24.2B), Japan ($10.2B), Italy ($5.81B), Germany ($5.39B), and Saudi Arabia ($5.24B).

In 2023, the top importers of Ships, boats, & floating structures were Singapore ($9.88B), Liberia ($9.63B), United States ($9.14B), United Arab Emirates ($5.35B), and Germany ($4.7B).

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Exporters of Ships, boats, & floating structures (2023)
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Importers of Ships, boats, & floating structures (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$1.58B
Top Destination Growth (2022 -  2023)United States$4.06B

Between 2022 and 2023, the exports of Ships, boats, & floating structures grew the fastest in China ($1.58B), Saudi Arabia ($1.44B), United Kingdom ($1.11B), Belgium ($1.05B), and Germany ($1.01B).

Between 2022 and 2023, the fastest growing importers of Ships, boats, & floating structures were United States ($4.06B), Singapore ($2.09B), Germany ($1.44B), Japan ($1.29B), and Cayman Islands ($1.26B).

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Exporters of Ships, boats, & floating structures (2022 - 2023)

Importers of Ships, boats, & floating structures (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ships, boats, & floating structures.

In 2023, market concentration measured using Shannon Entropy, was 4.81. This means that most of the exports of Ships, boats, & floating structures are explained by 27 countries.

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Value of Exports in Ships, boats, & floating structures

Net Trade

TOP NET EXPORTER (2023)China$23.5B
TOP NET IMPORTER (2023)Liberia$9.15B

This map shows which countries export or import more of Ships, boats, & floating structures. Each country is colored based on the difference in exports and imports of Ships, boats, & floating structures during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Ships, boats, & floating structures were China ($23.5B), Japan ($8.45B), Italy ($4.35B), Saudi Arabia ($4.17B), and South Korea ($3.53B).

In 2023, the countries that had a largest trade value in imports than in exports of Ships, boats, & floating structures were Liberia ($9.15B), United States ($6.61B), Singapore ($5.9B), Marshall Islands ($3.81B), and Panama ($3.13B).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Ships, boats, & floating structures, disaggragated by their HS6 level were Passenger and Cargo Ships ($62.6B), Special Purpose Ships ($19.9B), Recreational Boats ($16.3B), Other Sea Vessels ($5.56B), and Tug Boats ($3.87B)

HS6 Disaggregation for Ships, boats, & floating structures (2023)
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Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Ships, boats, & floating structures by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $58.3M
TOP IMPORT POTENTIALChina+ $78.6M

Ships, boats, & floating structures’s highest export potential is China. With an export gap of $58.3M.  Ships, boats, & floating structures’s highest import potential is China with an import gap of $78.6M.

See methodology.

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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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