Fishing Ships8902 (Harmonized System 1992 for 4-digit)
2019 World Trade: $1.76B, Rnk 765 / 1217
2019 Top Exporter | Top Importer: $317M | $374M, Spain | Norway
2019 Product Complexity: -0.27, Rnk 602 / 961
2018 - 2019 Export Growth (CAGR): -7.43%, Rnk 870 / 1217
2018 Mean Tariff: 4.17%, Rnk 961 / 1259
2019 Share of World Trade: 0.0097%, Rnk 765 / 1217
Overview This page contains the latest trade data of Fishing Ships. In 2019, Fishing Ships were the world's 765th most traded product, with a total trade of $1.76B. Between 2018 and 2019 the exports of Fishing Ships decreased by -7.43%, from $1.9B to $1.76B. Trade in Fishing Ships represent 0.0097% of total world trade.
Exports In 2019 the top exporters of Fishing Ships were Spain ($317M), Poland ($206M), Norway ($191M), Denmark ($170M), and Turkey ($169M).
Imports In 2019 the top importers of Fishing Ships were Norway ($374M), Greenland ($249M), Russia ($161M), Iceland ($142M), and United Kingdom ($98M).
Tariffs In 2018 the average tariff for Fishing Ships was 4.17%, making it the 961st lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Fishing 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 Ships ranks 602nd in the Product Complexity Index (PCI).
Trade By Country
Fishing Ships are the world's 765th most traded product.
In 2019, the top exporters of Fishing Ships were Spain ($317M), Poland ($206M), Norway ($191M), Denmark ($170M), and Turkey ($169M).
In 2019, the top importers of Fishing Ships were Norway ($374M), Greenland ($249M), Russia ($161M), Iceland ($142M), and United Kingdom ($98M).
Trade by country
Top Origin Growth (2018 - 2019): Turkey, $83.9M
Top Destination Growth (2018 - 2019): Greenland, $158M
Between 2018 and 2019, the exports of Fishing Ships grew the fastest in Turkey ($83.9M), Spain ($53.2M), Denmark ($31.5M), Russia ($29.9M), and Barbados ($21.7M).
Between 2018 and 2019, the fastest growing importers of Fishing Ships were Greenland ($158M), Iceland ($106M), Russia ($89.1M), Norway ($86.3M), and Morocco ($37.3M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Fishing Ships.
In 2019, market concentration measured using Shannon Entropy, was 4.02. This means that most of the exports of Fishing Ships are explained by 16 countries.
This map shows which countries export or import more of Fishing Ships. Each country is colored based on the difference in exports and imports of Fishing Ships during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Fishing Ships were Spain ($300M), Turkey ($169M), China ($141M), Poland ($116M), and Denmark ($107M).
In 2019, the countries that had a largest trade value in imports than in exports of Fishing Ships were Greenland ($230M), Norway ($183M), Russia ($80.2M), United Kingdom ($78.7M), and Iceland ($66.9M).
In 2019, the world most traded Fishing Ships, disaggragated by their HS6 level were Fishing vessels and factory ships ($1.76B)
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.