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890610 (Harmonized System 2002 for 6-digit)

2023
World Trade $979MRnk 2209 / 4940
2023
Top Exporter | Top Importer $578M | $572MSpain | Saudi Arabia
2023
Product Complexity 0.74Rnk 1301 / 4951
2022 - 2023
Export Growth (CAGR) -19.4%Rnk 3875 / 4940
2023
Share of World Trade 0.0043%Rnk 2209 / 4940

About

Overview This page contains the latest trade data of Vessels: warships. In 2023, Vessels: warships were the world's 2209th most traded product, with a total trade of $979M. Between 2022 and 2023 the exports of Vessels: warships decreased by -19.4%, from $1.21B to $979M. Trade in Vessels: warships represent 0.0043% of total world trade.

Vessels: warships are a part of Vessels; other, including warships and lifeboats, other than rowing boats.

Exports In 2023 the top exporters of Vessels: warships  were Spain ($578M), Germany ($199M), United States ($55.3M), United Kingdom ($48.2M), and Israel ($46.3M).

Imports In 2023 the top importers of Vessels: warships were Saudi Arabia ($572M), Indonesia ($199M), Romania ($48.6M), Philippines ($27.9M), and Angola ($23.7M).

Ranking Vessels: warships ranks 1301st 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 Vessels: warships. 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 (2023)Spain$578M
Top Destination (2023)Saudi Arabia$572M

In 2023 Vessels: warships were the world's 2209th most traded product (out of 4,940).

In 2023, the top exporters of Vessels: warships were Spain ($578M), Germany ($199M), United States ($55.3M), United Kingdom ($48.2M), and Israel ($46.3M).

In 2023, the top importers of Vessels: warships were Saudi Arabia ($572M), Indonesia ($199M), Romania ($48.6M), Philippines ($27.9M), and Angola ($23.7M).

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Exporters of Vessels: warships (2023)
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Importers of Vessels: warships (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$199M
Top Destination Growth (2022 -  2023)Indonesia$198M

Between 2022 and 2023, the exports of Vessels: warships grew the fastest in Germany ($199M), United Kingdom ($41.2M), New Zealand ($21.7M), Israel ($18.3M), and United Arab Emirates ($17.4M).

Between 2022 and 2023, the fastest growing importers of Vessels: warships were Indonesia ($198M), Romania ($48.2M), Angola ($23.7M), Ireland ($21.7M), and Lebanon ($20.9M).

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Exporters of Vessels: warships (2022 - 2023)

Importers of Vessels: warships (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vessels: warships.

In 2023, market concentration measured using Shannon Entropy, was 1.91. This means that most of the exports of Vessels: warships are explained by 3 countries.

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Value of Exports in Vessels: warships

Net Trade

TOP NET EXPORTER (2023)Spain$578M
TOP NET IMPORTER (2023)Poland$991k

This map shows which countries export or import more of Vessels: warships. Each country is colored based on the difference in exports and imports of Vessels: warships during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Vessels: warships were Spain ($578M), Germany ($199M), United States ($55.2M), United Kingdom ($48.2M), and Israel ($46.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Vessels: warships were Poland ($991k), Australia ($296k), and Canada ($11k).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Vessels: warships.
It is possible to select the main countries that export or import Vessels: warships in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Vessels: warships by percentage of total exports

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 (2023)

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