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Ships, boats and floating structures

89 (Harmonized System 1992 for 2-digit)

2022
World Trade $130BRnk 35 / 96
2022
Top Exporter | Top Importer $26.1B | $11.2BChina | Liberia
2022
Product Complexity -0.39Rnk 59 / 96
2021 - 2022
Export Growth (CAGR) -7.5%Rnk 92 / 96
2022
Share of World Trade 0.55%Rnk 35 / 96

About

Overview This page contains the latest trade data of Ships, boats, & floating structures. In 2022, Ships, boats, & floating structures were the world's 35th most traded product, with a total trade of $130B. Between 2021 and 2022 the exports of Ships, boats, & floating structures decreased by -7.5%, from $140B to $130B. Trade in Ships, boats, & floating structures represent 0.55% 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 2022 the top exporters of Ships, boats, & floating structures  were China ($26.1B), South Korea ($23.9B), Japan ($9.94B), Italy ($8.53B), and Germany ($6.31B).

Imports In 2022 the top importers of Ships, boats, & floating structures were Liberia ($11.2B), United States ($11.2B), Singapore ($10.6B), Marshall Islands ($7.04B), and Panama ($5.87B).

Ranking Ships, boats, & floating structures ranks 59th 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 (2022)China$26.1B
Top Destination (2022)Liberia$11.2B

In 2022 Ships, boats, & floating structures were the world's 35th most traded product (out of 96).

In 2022, the top exporters of Ships, boats, & floating structures were China ($26.1B), South Korea ($23.9B), Japan ($9.94B), Italy ($8.53B), and Germany ($6.31B).

In 2022, the top importers of Ships, boats, & floating structures were Liberia ($11.2B), United States ($11.2B), Singapore ($10.6B), Marshall Islands ($7.04B), and Panama ($5.87B).

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Exporters of Ships, boats, & floating structures (2022)
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Importers of Ships, boats, & floating structures (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$4.47B
Top Destination Growth (2021 -  2022)Singapore$4.49B

Between 2021 and 2022, the exports of Ships, boats, & floating structures grew the fastest in China ($4.47B), France ($3.32B), Italy ($1.15B), Indonesia ($960M), and South Korea ($712M).

Between 2021 and 2022, the fastest growing importers of Ships, boats, & floating structures were Singapore ($4.49B), United States ($2.93B), Liberia ($2.87B), Mozambique ($1.89B), and Israel ($1.15B).

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Exporters of Ships, boats, & floating structures (2021 - 2022)

Importers of Ships, boats, & floating structures (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.39. This means that most of the exports of Ships, boats, & floating structures are explained by 20 countries.

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Value of Exports in Ships, boats, & floating structures

Net Trade

TOP NET EXPORTER (2022)China$24B
TOP NET IMPORTER (2022)Liberia$10.8B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Ships, boats, & floating structures were China ($24B), South Korea ($22B), Japan ($9.46B), Italy ($7.08B), and Germany ($3.45B).

In 2022, the countries that had a largest trade value in imports than in exports of Ships, boats, & floating structures were Liberia ($10.8B), United States ($8.32B), Marshall Islands ($6.14B), Singapore ($5.9B), and Panama ($4.92B).

Net Trade (2022)

Disaggregation

Value
Disaggregation

In 2022, the world most traded Ships, boats, & floating structures, disaggragated by their HS6 level were Passenger and Cargo Ships ($72.2B), Special Purpose Ships ($28.3B), Recreational Boats ($16.7B), Other Sea Vessels ($5.47B), and Tug Boats ($2.78B)

HS6 Disaggregation for Ships, boats, & floating structures (2022)
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Country Comparison

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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 (2022)

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