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890600 (Harmonized System 1992 for 6-digit)

2023
World Trade $5.56BRnk 660 / 4644
2023
Top Exporter | Top Importer $1.44B | $774MSaudi Arabia | United Arab Emirates
2023
Product Complexity -0.47Rnk 3177 / 4656
2022 - 2023
Export Growth (CAGR) -14.9%Rnk 3218 / 4644
2023
Share of World Trade 0.025%Rnk 660 / 4644

About

Overview This page contains the latest trade data of Warships, lifeboats, hospital ships, vessels nes. In 2023, Warships, lifeboats, hospital ships, vessels nes were the world's 660th most traded product, with a total trade of $5.56B. Between 2022 and 2023 the exports of Warships, lifeboats, hospital ships, vessels nes decreased by -14.9%, from $6.53B to $5.56B. Trade in Warships, lifeboats, hospital ships, vessels nes represent 0.025% of total world trade.

Warships, lifeboats, hospital ships, vessels nes are a part of Other Sea Vessels.

Exports In 2023 the top exporters of Warships, lifeboats, hospital ships, vessels nes  were Saudi Arabia ($1.44B), India ($493M), China ($390M), United States ($339M), and Netherlands ($315M).

Imports In 2023 the top importers of Warships, lifeboats, hospital ships, vessels nes were United Arab Emirates ($774M), Saudi Arabia ($615M), Qatar ($402M), India ($312M), and Norway ($273M).

Ranking Warships, lifeboats, hospital ships, vessels nes ranks 3177th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Warships, lifeboats, hospital ships, vessels nes. 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)Saudi Arabia$1.44B
Top Destination (2023)United Arab Emirates$774M

In 2023 Warships, lifeboats, hospital ships, vessels nes were the world's 660th most traded product (out of 4,644).

In 2023, the top exporters of Warships, lifeboats, hospital ships, vessels nes were Saudi Arabia ($1.44B), India ($493M), China ($390M), United States ($339M), and Netherlands ($315M).

In 2023, the top importers of Warships, lifeboats, hospital ships, vessels nes were United Arab Emirates ($774M), Saudi Arabia ($615M), Qatar ($402M), India ($312M), and Norway ($273M).

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Exporters of Warships, lifeboats, hospital ships, vessels nes (2023)
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Importers of Warships, lifeboats, hospital ships, vessels nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Saudi Arabia$393M
Top Destination Growth (2022 -  2023)Qatar$379M

Between 2022 and 2023, the exports of Warships, lifeboats, hospital ships, vessels nes grew the fastest in Saudi Arabia ($393M), India ($390M), Netherlands ($247M), United States ($179M), and Finland ($122M).

Between 2022 and 2023, the fastest growing importers of Warships, lifeboats, hospital ships, vessels nes were Qatar ($379M), Bahrain ($254M), Egypt ($174M), South Korea ($155M), and Indonesia ($149M).

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Exporters of Warships, lifeboats, hospital ships, vessels nes (2022 - 2023)

Importers of Warships, lifeboats, hospital ships, vessels nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Warships, lifeboats, hospital ships, vessels nes.

In 2023, market concentration measured using Shannon Entropy, was 4.34. This means that most of the exports of Warships, lifeboats, hospital ships, vessels nes are explained by 20 countries.

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Value of Exports in Warships, lifeboats, hospital ships, vessels nes

Net Trade

TOP NET EXPORTER (2023)Saudi Arabia$830M
TOP NET IMPORTER (2023)United Arab Emirates$628M

This map shows which countries export or import more of Warships, lifeboats, hospital ships, vessels nes. Each country is colored based on the difference in exports and imports of Warships, lifeboats, hospital ships, vessels nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Warships, lifeboats, hospital ships, vessels nes were Saudi Arabia ($830M), China ($364M), Netherlands ($246M), United States ($217M), and India ($181M).

In 2023, the countries that had a largest trade value in imports than in exports of Warships, lifeboats, hospital ships, vessels nes were United Arab Emirates ($628M), Qatar ($399M), Bahrain ($271M), Chinese Taipei ($234M), and Oman ($193M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Warships, lifeboats, hospital ships, vessels nes.
It is possible to select the main countries that export or import Warships, lifeboats, hospital ships, vessels nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Warships, lifeboats, hospital ships, vessels nes 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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