HS Icon Cruise ships, excursion boats, ferry boats

890110 (Harmonized System 1992 for 6-digit)

World Trade (2018): $11.3B, Rnk 269 / 4726

Top Exporter (2018): $2.98B, Italy

Top Importer (2018): $5.12B, United States

Product Complexity (2018): 0.39, Rnk 1892 / 4873

Export Growth (CAGR)(2017 - 2018): 46.2%, Rnk 396 / 4726

Mean Tariff (2018): 5.81%, Rnk 3693 / 6538

Share of World Trade (2018): 0.061%, Rnk 269 / 4726

Overview:  This page contains the latest trade data of Cruise ships, excursion boats, ferry boats. In 2018, Cruise ships, excursion boats, ferry boats were the world's 269th most traded product, with a total trade of $11.3B. Between 2017 and 2018 the exports of Cruise ships, excursion boats, ferry boats grew by 46.2%, from  $7.71B to $11.3B. Trade in Cruise ships, excursion boats, ferry boats represent 0.061% of total world trade.

Exports: In 2018 the top exporters of Cruise ships, excursion boats, ferry boats  were Italy ($2.98B), France ($2.4B), Germany ($2.33B), Finland ($724M), and Poland ($349M).

Imports: In 2018 the top importers of Cruise ships, excursion boats, ferry boats were United States ($5.12B), Italy ($1.29B), Switzerland ($895M), Germany ($713M), and France ($498M).

Tariffs: In 2018 the average tariff for Cruise ships, excursion boats, ferry boats was 5.81%, been the 3693 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Cruise ships, excursion boats, ferry boats are Bermuda (35%), Maldives (24.5%), Ethiopia (19.8%), Romania (17.2%), and Canada (16.6%). The countries with the lowest tariffs are Angola (0%), Algeria (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).

Ranking: Cruise ships, excursion boats, ferry boats ranks 1892nd in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): Italy, $2.98B

Top Destination (2018): United States, $5.12B

Cruise ships, excursion boats, ferry boats are the world's 269th most traded product.

In 2018, the top exporters of Cruise ships, excursion boats, ferry boats were Italy ($2.98B), France ($2.4B), Germany ($2.33B), Finland ($724M), and Poland ($349M).

In 2018, the top importers of Cruise ships, excursion boats, ferry boats were United States ($5.12B), Italy ($1.29B), Switzerland ($895M), Germany ($713M), and France ($498M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): France, $2.36B

Top Destination Growth (2017 - 2018): United States, $2.7B

Between 2017 and 2018, the exports of Cruise ships, excursion boats, ferry boats grew the fastest in France ($2.36B), Germany ($589M), Italy ($318M), Norway ($222M), and Poland ($212M).

Between 2017 and 2018, the fastest growing importers of Cruise ships, excursion boats, ferry boats were United States ($2.7B), Italy ($832M), France ($371M), Poland ($188M), and Malaysia ($166M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Cruise ships, excursion boats, ferry boats.

In 2018,  market concentration measured using Shannon Entropy, was 3.33. This means that most of the exports of Cruise ships, excursion boats, ferry boats are explained by 10 countries.

Explore Visualizations

TOP NET EXPORTER (2018): France, $1.9B

TOP NET IMPORTER (2018): United States, $5.11B

This map shows which countries export or import more of Cruise ships, excursion boats, ferry boats. Each country is colored based on the difference in exports and imports of Cruise ships, excursion boats, ferry boats during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Cruise ships, excursion boats, ferry boats were France ($1.9B), Italy ($1.69B), Germany ($1.62B), Finland ($724M), and China ($302M).

In 2018, the countries that had a largest trade value in imports than in exports of Cruise ships, excursion boats, ferry boats were United States ($5.11B), Switzerland ($892M), United Kingdom ($290M), Malaysia ($138M), and Israel ($104M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Cruise ships, excursion boats, ferry boats. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Cruise ships, excursion boats, ferry boats was 5.81%.  The countries with the highest tariffs for importing Cruise ships, excursion boats, ferry boats were Bermuda (35%), Maldives (24.5%), Ethiopia (19.8%), Romania (17.2%), and Canada (16.6%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.