Overview: This page contains the latest trade data of Passenger and Cargo Ships. In 2019, Passenger and Cargo Ships were the world's 38th most traded product, with a total trade of $69.9B. Between 2018 and 2019 the exports of Passenger and Cargo Ships decreased by -6.18%, from $74.5B to $69.9B. Trade in Passenger and Cargo Ships represent 0.39% of total world trade.
Exports: In 2019 the top exporters of Passenger and Cargo Ships were South Korea ($17.1B), China ($13.9B), Japan ($13.7B), Germany ($4.85B), and Italy ($2.01B).
Imports: In 2019 the top importers of Passenger and Cargo Ships were Singapore ($7.99B), Panama ($7.94B), Marshall Islands ($6.92B), Liberia ($6.6B), and Hong Kong ($4.29B).
Tariffs: In 2018 the average tariff for Passenger and Cargo Ships was 4.68%, making it the 880th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Passenger and Cargo Ships are Bermuda (35%), Maldives (24.8%), Romania (17.2%), Cambodia (15%), and Canada (14.9%). The countries with the lowest tariffs are Angola (0%), Algeria (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).
Ranking: Passenger and Cargo Ships ranks 631st in the Product Complexity Index (PCI).
Description: Cruise ships are used to transport people on long trips. They're usually used for cruises, which are trips that last several days or weeks. Excursion boats are smaller boats that can be used for shorter trips. Ferry-boats and cargo ships are large vessels that can carry a lot of cargo. Barges and similar vessels are also large vessels that can carry a lot of cargo.