HS Icon Fishing vessels and factory ships

890200 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1.89B, Rnk 1390 / 4726

Top Exporter (2018): $412M, Norway

Top Importer (2018): $284M, Norway

Product Complexity (2018): -0.67, Rnk 3592 / 4873

Export Growth (CAGR)(2017 - 2018): 88%, Rnk 109 / 4726

Mean Tariff (2018): 4.17%, Rnk 4822 / 6538

Share of World Trade (2018): 0.01%, Rnk 1390 / 4726

Overview:  This page contains the latest trade data of Fishing vessels and factory ships. In 2018, Fishing vessels and factory ships were the world's 1390th most traded product, with a total trade of $1.89B. Between 2017 and 2018 the exports of Fishing vessels and factory ships grew by 88%, from  $1B to $1.89B. Trade in Fishing vessels and factory ships represent 0.01% of total world trade.

Exports: In 2018 the top exporters of Fishing vessels and factory ships  were Norway ($412M), China ($293M), Spain ($265M), Poland ($186M), and Denmark ($136M).

Imports: In 2018 the top importers of Fishing vessels and factory ships were Norway ($284M), Denmark ($134M), United Kingdom ($113M), Poland ($109M), and Senegal ($98.7M).

Tariffs: In 2018 the average tariff for Fishing vessels and factory ships was 4.17%, been the 4822 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Fishing vessels and factory ships are Bermuda (35%), Sri Lanka (30%), Maldives (25%), Romania (17.2%), and Zimbabwe (16%). The countries with the lowest tariffs are Angola (0%), Ethiopia (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).

Ranking: Fishing vessels and factory ships ranks 3592nd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Norway, $412M

Top Destination (2018): Norway, $284M

Fishing vessels and factory ships are the world's 1390th most traded product.

In 2018, the top exporters of Fishing vessels and factory ships were Norway ($412M), China ($293M), Spain ($265M), Poland ($186M), and Denmark ($136M).

In 2018, the top importers of Fishing vessels and factory ships were Norway ($284M), Denmark ($134M), United Kingdom ($113M), Poland ($109M), and Senegal ($98.7M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $264M

Top Destination Growth (2017 - 2018): Norway, $159M

Between 2017 and 2018, the exports of Fishing vessels and factory ships grew the fastest in China ($264M), Norway ($223M), Spain ($190M), Denmark ($130M), and Poland ($128M).

Between 2017 and 2018, the fastest growing importers of Fishing vessels and factory ships were Norway ($159M), United Kingdom ($105M), Senegal ($87.6M), Chile ($75M), and Denmark ($73.8M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Fishing vessels and factory ships.

In 2018,  market concentration measured using Shannon Entropy, was 3.78. This means that most of the exports of Fishing vessels and factory ships are explained by 13 countries.

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TOP NET EXPORTER (2018): China, $293M

TOP NET IMPORTER (2018): Senegal, $98.6M

This map shows which countries export or import more of Fishing vessels and factory ships. Each country is colored based on the difference in exports and imports of Fishing vessels and factory ships during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Fishing vessels and factory ships were China ($293M), Spain ($263M), Norway ($128M), Turkey ($86M), and Poland ($77.3M).

In 2018, the countries that had a largest trade value in imports than in exports of Fishing vessels and factory ships were Senegal ($98.6M), United Kingdom ($98.1M), South Africa ($76.5M), Germany ($73.6M), and New Zealand ($70.8M).

Trade Forecasts

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This section shows forecasts for total trade for Fishing vessels and factory ships. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Fishing vessels and factory ships was 4.17%.  The countries with the highest tariffs for importing Fishing vessels and factory ships were Bermuda (35%), Sri Lanka (30%), Maldives (25%), Romania (17.2%), and Zimbabwe (16%).

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Product Complexity

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Diversification Frontier

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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.