Vessels and other floating structures for breaking up890800 (Harmonized System 1992 for 6-digit)
2021 World Trade: $1.93B, Rnk 1470 / 4641
2021 Top Exporter | Top Importer: $230M | $714M, Japan | India
2021 Product Complexity: -1.41, Rnk 4195 / 4648
2020 - 2021 Export Growth (CAGR): -15.3%, Rnk 4470 / 4641
2018 Mean Tariff: 4.77%, Rnk 4376 / 6538
2021 Share of World Trade: 0.0092%, Rnk 1470 / 4641
Overview This page contains the latest trade data of Vessels and other floating structures for breaking up. In 2021, Vessels and other floating structures for breaking up were the world's 1470th most traded product, with a total trade of $1.93B. Between 2020 and 2021 the exports of Vessels and other floating structures for breaking up decreased by -15.3%, from $2.28B to $1.93B. Trade in Vessels and other floating structures for breaking up represent 0.0092% of total world trade.
Vessels and other floating structures for breaking up are a part of Scrap Vessels.
Exports In 2021 the top exporters of Vessels and other floating structures for breaking up were Japan ($230M), South Korea ($217M), United Arab Emirates ($185M), Nigeria ($161M), and China ($134M).
Imports In 2021 the top importers of Vessels and other floating structures for breaking up were India ($714M), Pakistan ($518M), Thailand ($267M), Turkey ($205M), and Cameroon ($88.2M).
Tariffs In 2018 the average tariff for Vessels and other floating structures for breaking up was 4.77%, making it the 4376th lowest tariff using the HS6 product classification.
Ranking Vessels and other floating structures for breaking up ranks 4195th in the Product Complexity Index (PCI).
Description Vessels and other floating structures are typically used in oil spills to break up the oil slick. They are also used to break up ice in areas of the ocean that are iced over.
The following visualization shows the latest trends on Vessels and other floating structures for breaking up. 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
Vessels and other floating structures for breaking up are the world's 1470th most traded product.
In 2021, the top exporters of Vessels and other floating structures for breaking up were Japan ($230M), South Korea ($217M), United Arab Emirates ($185M), Nigeria ($161M), and China ($134M).
In 2021, the top importers of Vessels and other floating structures for breaking up were India ($714M), Pakistan ($518M), Thailand ($267M), Turkey ($205M), and Cameroon ($88.2M).
Trade by country
Top Origin Growth (2020 - 2021): United Arab Emirates, $156M
Top Destination Growth (2020 - 2021): Pakistan, $321M
Between 2020 and 2021, the exports of Vessels and other floating structures for breaking up grew the fastest in United Arab Emirates ($156M), South Korea ($116M), Norway ($89.4M), Bahamas ($79.3M), and Indonesia ($73.7M).
Between 2020 and 2021, the fastest growing importers of Vessels and other floating structures for breaking up were Pakistan ($321M), Thailand ($253M), India ($179M), China ($51.8M), and United Kingdom ($47.6M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Vessels and other floating structures for breaking up.
In 2021, market concentration measured using Shannon Entropy, was 4.6. This means that most of the exports of Vessels and other floating structures for breaking up are explained by 24 countries.
This map shows which countries export or import more of Vessels and other floating structures for breaking up. Each country is colored based on the difference in exports and imports of Vessels and other floating structures for breaking up during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Vessels and other floating structures for breaking up were Japan ($230M), South Korea ($213M), United Arab Emirates ($183M), Nigeria ($161M), and Norway ($116M).
In 2021, the countries that had a largest trade value in imports than in exports of Vessels and other floating structures for breaking up were India ($691M), Pakistan ($518M), Thailand ($210M), Turkey ($204M), and Cameroon ($88.1M).
This visualization shows the countries that have an important ratio of their trade related to Vessels and other floating structures for breaking up. It is possible to select the main countries that export or import Vessels and other floating structures for breaking up 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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