Special Purpose Ships8905 (Harmonized System 1992 for 4-digit)
2020 World Trade: $26.9B, Rnk 132 / 1217
2020 Top Exporter | Top Importer: $6.71B | $4.39B, China | Malaysia
2020 Product Complexity: -1.28, Rnk 904 / 1028
2019 - 2020 Export Growth (CAGR): -9.15%, Rnk 696 / 1217
2018 Mean Tariff: 4.37%, Rnk 945 / 1259
2020 Share of World Trade: 0.16%, Rnk 132 / 1217
Overview This page contains the latest trade data of Special Purpose Ships. In 2020, Special Purpose Ships were the world's 132nd most traded product, with a total trade of $26.9B. Between 2019 and 2020 the exports of Special Purpose Ships decreased by -9.15%, from $29.6B to $26.9B. Trade in Special Purpose Ships represent 0.16% of total world trade.
Special Purpose Ships are a part of Ships, boats, & floating structures. They include Floating, submersible drilling or production platform, Floating docks, special function vessels nes, and Dredgers.
Exports In 2020 the top exporters of Special Purpose Ships were China ($6.71B), South Korea ($5.04B), India ($2.32B), United Kingdom ($1.58B), and Saudi Arabia ($1.43B).
Imports In 2020 the top importers of Special Purpose Ships were Malaysia ($4.39B), Brazil ($2.95B), India ($2.77B), Singapore ($2.66B), and United Arab Emirates ($1.58B).
Tariffs In 2018 the average tariff for Special Purpose Ships was 4.37%, making it the 945th lowest tariff using the HS4 product classification.
Ranking Special Purpose Ships ranks 904th in the Product Complexity Index (PCI).
Description Floating docks are used to hold boats in place while they are being worked on. Floating cranes are used to lift heavy objects, and floating dredgers are used to remove sediment from the bottom of a body of water.
The following visualization shows the latest trends on Special Purpose 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.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Special Purpose Ships are the world's 132nd most traded product.
In 2020, the top exporters of Special Purpose Ships were China ($6.71B), South Korea ($5.04B), India ($2.32B), United Kingdom ($1.58B), and Saudi Arabia ($1.43B).
In 2020, the top importers of Special Purpose Ships were Malaysia ($4.39B), Brazil ($2.95B), India ($2.77B), Singapore ($2.66B), and United Arab Emirates ($1.58B).
Trade by country
Top Origin Growth (2019 - 2020): South Korea, $3.1B
Top Destination Growth (2019 - 2020): Malaysia, $4.15B
Between 2019 and 2020, the exports of Special Purpose Ships grew the fastest in South Korea ($3.1B), Saudi Arabia ($1.43B), United Kingdom ($1.36B), South Africa ($947M), and United Arab Emirates ($728M).
Between 2019 and 2020, the fastest growing importers of Special Purpose Ships were Malaysia ($4.15B), Spain ($980M), Qatar ($607M), Canada ($597M), and Indonesia ($371M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Special Purpose Ships.
In 2020, market concentration measured using Shannon Entropy, was 3.83. This means that most of the exports of Special Purpose Ships are explained by 14 countries.
This map shows which countries export or import more of Special Purpose Ships. Each country is colored based on the difference in exports and imports of Special Purpose Ships during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Special Purpose Ships were China ($6.09B), South Korea ($5.04B), United Kingdom ($1.17B), South Africa ($948M), and Japan ($758M).
In 2020, the countries that had a largest trade value in imports than in exports of Special Purpose Ships were Malaysia ($4.16B), Brazil ($2.95B), Singapore ($1.39B), Norway ($1.06B), and Spain ($1.01B).
In 2020, the world most traded Special Purpose Ships, disaggragated by their HS6 level were Floating, submersible drilling or production platform ($12.7B), Floating docks, special function vessels nes ($11.8B), and Dredgers ($2.48B)
This visualization shows the countries that have an important ratio of their trade related to Special Purpose Ships. It is possible to select the main countries that export or import Special Purpose Ships in the world, or by continent, as well as select the measure of interest.
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.
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