HS Icon Warships, lifeboats, hospital ships, vessels nes

890600 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Warships, lifeboats, hospital ships, vessels nes. In 2021, Warships, lifeboats, hospital ships, vessels nes were the world's 745th most traded product, with a total trade of $4.84B. Between 2020 and 2021 the exports of Warships, lifeboats, hospital ships, vessels nes decreased by -14.9%, from $5.69B to $4.84B. Trade in Warships, lifeboats, hospital ships, vessels nes represent 0.023% of total world trade.

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

Exports In 2021 the top exporters of Warships, lifeboats, hospital ships, vessels nes  were Saudi Arabia ($924M), Spain ($427M), Norway ($326M), China ($320M), and South Korea ($312M).

Imports In 2021 the top importers of Warships, lifeboats, hospital ships, vessels nes were Australia ($521M), United Arab Emirates ($426M), Qatar ($377M), Saudi Arabia ($306M), and Chinese Taipei ($239M).

Tariffs In 2018 the average tariff for Warships, lifeboats, hospital ships, vessels nes was 0.85%, making it the 6419th lowest tariff using the HS6 product classification.

Ranking Warships, lifeboats, hospital ships, vessels nes ranks 2906th in the Product Complexity Index (PCI).

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Y-AXIS SCALE

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.

* 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 (2021): Saudi Arabia, $924M

Top Destination (2021): Australia, $521M

Warships, lifeboats, hospital ships, vessels nes are the world's 745th most traded product.

In 2021, the top exporters of Warships, lifeboats, hospital ships, vessels nes were Saudi Arabia ($924M), Spain ($427M), Norway ($326M), China ($320M), and South Korea ($312M).

In 2021, the top importers of Warships, lifeboats, hospital ships, vessels nes were Australia ($521M), United Arab Emirates ($426M), Qatar ($377M), Saudi Arabia ($306M), and Chinese Taipei ($239M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): Netherlands, $167M

Top Destination Growth (2020 -  2021): Qatar, $357M

Between 2020 and 2021, the exports of Warships, lifeboats, hospital ships, vessels nes grew the fastest in Netherlands ($167M), Saudi Arabia ($124M), United Arab Emirates ($120M), Spain ($104M), and Poland ($102M).

Between 2020 and 2021, the fastest growing importers of Warships, lifeboats, hospital ships, vessels nes were Qatar ($357M), Australia ($234M), Malaysia ($143M), Italy ($90M), and Vietnam ($83.6M).

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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 Warships, lifeboats, hospital ships, vessels nes.

In 2021, market concentration measured using Shannon Entropy, was 4.43. This means that most of the exports of Warships, lifeboats, hospital ships, vessels nes are explained by 21 countries.

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TOP NET EXPORTER (2021): Saudi Arabia, $618M

TOP NET IMPORTER (2021): Australia, $421M

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 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Warships, lifeboats, hospital ships, vessels nes were Saudi Arabia ($618M), Spain ($405M), China ($280M), India ($208M), and Poland ($198M).

In 2021, the countries that had a largest trade value in imports than in exports of Warships, lifeboats, hospital ships, vessels nes were Australia ($421M), Qatar ($377M), United Arab Emirates ($292M), Chinese Taipei ($193M), and Philippines ($171M).

Country Comparison

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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.

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.