HS Icon Ships, boats, & floating structures

Ships, boats and floating structures

89 (Harmonized System 1992 for 2-digit)

Overview This page contains the latest trade data of Ships, boats, & floating structures. In 2021, Ships, boats, & floating structures were the world's 32nd most traded product, with a total trade of $135B. Between 2020 and 2021 the exports of Ships, boats, & floating structures grew by 6.21%, from $127B to $135B. Trade in Ships, boats, & floating structures represent 0.64% of total world trade.

Ships, boats, & floating structures are a part of Transportation. They include Ships, boats, & floating structures.

Exports In 2021 the top exporters of Ships, boats, & floating structures  were South Korea ($23.2B), China ($20B), Japan ($11B), Italy ($7.43B), and Germany ($7.38B).

Imports In 2021 the top importers of Ships, boats, & floating structures were Liberia ($8.36B), United States ($8.29B), Marshall Islands ($8.11B), Panama ($7.21B), and Singapore ($6.63B).

Tariffs In 2018 the average tariff for Ships, boats, & floating structures was 6.05%, making it the 72nd lowest tariff using the HS2 product classification.

Ranking Ships, boats, & floating structures ranks 52nd in the Product Complexity Index (PCI).

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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.

* 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 Origin (2021): South Korea, $23.2B

Top Destination (2021): Liberia, $8.36B

Ships, boats, & floating structures are the world's 32nd most traded product.

In 2021, the top exporters of Ships, boats, & floating structures were South Korea ($23.2B), China ($20B), Japan ($11B), Italy ($7.43B), and Germany ($7.38B).

In 2021, the top importers of Ships, boats, & floating structures were Liberia ($8.36B), United States ($8.29B), Marshall Islands ($8.11B), Panama ($7.21B), and Singapore ($6.63B).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): Netherlands, $2.3B

Top Destination Growth (2020 -  2021): Mozambique, $2.55B

Between 2020 and 2021, the exports of Ships, boats, & floating structures grew the fastest in Netherlands ($2.3B), Italy ($2.06B), Singapore ($1.71B), Norway ($1.31B), and Seychelles ($957M).

Between 2020 and 2021, the fastest growing importers of Ships, boats, & floating structures were Mozambique ($2.55B), Italy ($2.51B), Liberia ($2.27B), Cayman Islands ($1.99B), and Malta ($1.72B).

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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 Ships, boats, & floating structures.

In 2021, market concentration measured using Shannon Entropy, was 4.7. This means that most of the exports of Ships, boats, & floating structures are explained by 25 countries.

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TOP NET EXPORTER (2021): South Korea, $20.5B

TOP NET IMPORTER (2021): Liberia, $7.9B

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 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Ships, boats, & floating structures were South Korea ($20.5B), China ($18.1B), Japan ($9.67B), Germany ($5.01B), and Italy ($4.06B).

In 2021, the countries that had a largest trade value in imports than in exports of Ships, boats, & floating structures were Liberia ($7.9B), Marshall Islands ($6.88B), Panama ($6.36B), United States ($5.73B), and Malta ($4.63B).

Disaggregation

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Value
Disaggregation

In 2021, the world most traded Ships, boats, & floating structures, disaggragated by their HS6 level were Ships, boats, & floating structures ($135B)

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.

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.