HS Icon Rowing boats, canoes, pleasure boats except sail/powe

890399 (Harmonized System 1992 for 6-digit)

World Trade (2018): $2.4B, Rnk 1178 / 4726

Top Exporter (2018): $676M, United States

Top Importer (2018): $461M, United States

Product Complexity (2018): -0.19, Rnk 2926 / 4873

Export Growth (CAGR)(2017 - 2018): 25%, Rnk 1048 / 4726

Mean Tariff (2018): 10.9%, Rnk 2022 / 6538

Share of World Trade (2018): 0.013%, Rnk 1178 / 4726

Overview:  This page contains the latest trade data of Rowing boats, canoes, pleasure boats except sail/powe. In 2018, Rowing boats, canoes, pleasure boats except sail/powe were the world's 1178th most traded product, with a total trade of $2.4B. Between 2017 and 2018 the exports of Rowing boats, canoes, pleasure boats except sail/powe grew by 25%, from  $1.92B to $2.4B. Trade in Rowing boats, canoes, pleasure boats except sail/powe represent 0.013% of total world trade.

Exports: In 2018 the top exporters of Rowing boats, canoes, pleasure boats except sail/powe  were United States ($676M), Poland ($416M), Mexico ($264M), China ($125M), and Canada ($123M).

Imports: In 2018 the top importers of Rowing boats, canoes, pleasure boats except sail/powe were United States ($461M), Canada ($215M), Australia ($153M), Norway ($121M), and France ($107M).

Tariffs: In 2018 the average tariff for Rowing boats, canoes, pleasure boats except sail/powe was 10.9%, been the 2022 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Rowing boats, canoes, pleasure boats except sail/powe are Cambodia (35%), Sudan (35%), Argentina (33.5%), Iran (30%), and Ethiopia (29.7%). The countries with the lowest tariffs are Mauritius (0%), Zambia (0%), Hong Kong (0%), Japan (0%), and Singapore (0%).

Ranking: Rowing boats, canoes, pleasure boats except sail/powe ranks 2926th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $676M

Top Destination (2018): United States, $461M

Rowing boats, canoes, pleasure boats except sail/powe are the world's 1178th most traded product.

In 2018, the top exporters of Rowing boats, canoes, pleasure boats except sail/powe were United States ($676M), Poland ($416M), Mexico ($264M), China ($125M), and Canada ($123M).

In 2018, the top importers of Rowing boats, canoes, pleasure boats except sail/powe were United States ($461M), Canada ($215M), Australia ($153M), Norway ($121M), and France ($107M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $195M

Top Destination Growth (2017 - 2018): Mexico, $54M

Between 2017 and 2018, the exports of Rowing boats, canoes, pleasure boats except sail/powe grew the fastest in United States ($195M), Poland ($191M), Chinese Taipei ($94.6M), Australia ($86.3M), and China ($30.2M).

Between 2017 and 2018, the fastest growing importers of Rowing boats, canoes, pleasure boats except sail/powe were Mexico ($54M), Singapore ($42.2M), Australia ($40.8M), Germany ($37.5M), and United Kingdom ($32.4M).

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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 Rowing boats, canoes, pleasure boats except sail/powe.

In 2018,  market concentration measured using Shannon Entropy, was 3.84. This means that most of the exports of Rowing boats, canoes, pleasure boats except sail/powe are explained by 14 countries.

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TOP NET EXPORTER (2018): Poland, $412M

TOP NET IMPORTER (2018): Norway, $113M

This map shows which countries export or import more of Rowing boats, canoes, pleasure boats except sail/powe. Each country is colored based on the difference in exports and imports of Rowing boats, canoes, pleasure boats except sail/powe during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Rowing boats, canoes, pleasure boats except sail/powe were Poland ($412M), United States ($215M), Mexico ($191M), China ($100M), and Chinese Taipei ($93.6M).

In 2018, the countries that had a largest trade value in imports than in exports of Rowing boats, canoes, pleasure boats except sail/powe were Norway ($113M), Canada ($91.5M), Singapore ($79.8M), France ($70.6M), and Sweden ($63.9M).

Trade Forecasts

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This section shows forecasts for total trade for Rowing boats, canoes, pleasure boats except sail/powe. 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 Rowing boats, canoes, pleasure boats except sail/powe was 10.9%.  The countries with the highest tariffs for importing Rowing boats, canoes, pleasure boats except sail/powe were Cambodia (35%), Sudan (35%), Argentina (33.5%), Iran (30%), and Ethiopia (29.7%).

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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.