HS Icon Special Purpose Ships

Light-vessels, fire-floats, dredgers, floating cranes, other vessels; the navigability of which is subsidiary to main function; floating docks, floating, submersible drilling, production platforms

8905 (Harmonized System 1992 for 4-digit)

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 and 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.

The countries with the highest import tariffs for Special Purpose Ships are Bahamas (40.2%), Bermuda (35%), Bhutan (29.4%), and Maldives (24.5%). The countries with the lowest tariffs are Angola (0%), Algeria (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).

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.

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Y-AXIS SCALE

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.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): China, $6.71B

Top Destination (2020): Malaysia, $4.39B

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).

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Market Dynamics

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Trade by country

Value

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).

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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 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.

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TOP NET EXPORTER (2020): China, $6.09B

TOP NET IMPORTER (2020): Malaysia, $4.16B

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).

Disaggregation

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Value

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)

Country Comparison

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Ranking

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.

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.

Country by Relatedness

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