HS Icon Motorboats, other than outboard motorboats

890392 (Harmonized System 1992 for 6-digit)

World Trade (2018): $11.1B, Rnk 275 / 4726

Top Exporter (2018): $1.99B, Netherlands

Top Importer (2018): $3.11B, Cayman Islands

Product Complexity (2018): 0.051, Rnk 2538 / 4873

Export Growth (CAGR)(2017 - 2018): 0.26%, Rnk 3813 / 4726

Mean Tariff (2018): 11.1%, Rnk 1969 / 6538

Share of World Trade (2018): 0.06%, Rnk 275 / 4726

Overview:  This page contains the latest trade data of Motorboats, other than outboard motorboats. In 2018, Motorboats, other than outboard motorboats were the world's 275th most traded product, with a total trade of $11.1B. Between 2017 and 2018 the exports of Motorboats, other than outboard motorboats grew by 0.26%, from  $11B to $11.1B. Trade in Motorboats, other than outboard motorboats represent 0.06% of total world trade.

Exports: In 2018 the top exporters of Motorboats, other than outboard motorboats  were Netherlands ($1.99B), Italy ($1.91B), United Kingdom ($947M), Germany ($916M), and Cayman Islands ($841M).

Imports: In 2018 the top importers of Motorboats, other than outboard motorboats were Cayman Islands ($3.11B), United States ($1.46B), Cyprus ($605M), Malta ($555M), and Netherlands ($526M).

Tariffs: In 2018 the average tariff for Motorboats, other than outboard motorboats was 11.1%, been the 1969 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Motorboats, other than outboard motorboats are Cambodia (35%), Sudan (35%), Iran (30%), Ethiopia (29.7%), and Cameroon (29.4%). The countries with the lowest tariffs are Mauritius (0%), Zambia (0%), Hong Kong (0%), Japan (0%), and Singapore (0%).

Ranking: Motorboats, other than outboard motorboats ranks 2538th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): Netherlands, $1.99B

Top Destination (2018): Cayman Islands, $3.11B

Motorboats, other than outboard motorboats are the world's 275th most traded product.

In 2018, the top exporters of Motorboats, other than outboard motorboats were Netherlands ($1.99B), Italy ($1.91B), United Kingdom ($947M), Germany ($916M), and Cayman Islands ($841M).

In 2018, the top importers of Motorboats, other than outboard motorboats were Cayman Islands ($3.11B), United States ($1.46B), Cyprus ($605M), Malta ($555M), and Netherlands ($526M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): Cyprus, $705M

Top Destination Growth (2017 - 2018): Cayman Islands, $1.66B

Between 2017 and 2018, the exports of Motorboats, other than outboard motorboats grew the fastest in Cyprus ($705M), Cayman Islands ($329M), Mexico ($259M), Netherlands ($245M), and Seychelles ($210M).

Between 2017 and 2018, the fastest growing importers of Motorboats, other than outboard motorboats were Cayman Islands ($1.66B), Cyprus ($318M), United States ($219M), Malta ($107M), and Norway ($101M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Motorboats, other than outboard motorboats.

In 2018,  market concentration measured using Shannon Entropy, was 4.02. This means that most of the exports of Motorboats, other than outboard motorboats are explained by 16 countries.

Explore Visualizations

TOP NET EXPORTER (2018): Italy, $1.73B

TOP NET IMPORTER (2018): Cayman Islands, $2.27B

This map shows which countries export or import more of Motorboats, other than outboard motorboats. Each country is colored based on the difference in exports and imports of Motorboats, other than outboard motorboats during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Motorboats, other than outboard motorboats were Italy ($1.73B), Netherlands ($1.47B), Germany ($751M), United Kingdom ($676M), and Mexico ($501M).

In 2018, the countries that had a largest trade value in imports than in exports of Motorboats, other than outboard motorboats were Cayman Islands ($2.27B), United States ($723M), Malta ($549M), Gibraltar ($392M), and Canada ($380M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Motorboats, other than outboard motorboats. 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 Motorboats, other than outboard motorboats was 11.1%.  The countries with the highest tariffs for importing Motorboats, other than outboard motorboats were Cambodia (35%), Sudan (35%), Iran (30%), Ethiopia (29.7%), and Cameroon (29.4%).

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.