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2023
Exports $1.7BWorld Rnk 2 / 176
Flag Rnk 172 / 1217
2023
Destination $91.2M Canada
2022 - 2023
FASTEST GROWING MARKET $91.2MSaint Martin
2023
PRODUCT COMPLEXITY IN Recreational Boats0.24Rnk 483 / 1025
2023
Imports $3.1BWorld Rnk 1 / 219
Flag Rnk 165 / 1215
2023
Origin $100M Italy
2022 - 2023
FASTEST GROWING ORIGIN $100MItaly
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $1.7B in Recreational Boats, making it the 2nd largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 172nd most exported product in United States. The main destination of Recreational Boats exports from United States are: Canada ($677M), Bahamas ($194M), Australia ($119M), Saint Martin ($102M), and Japan ($49.6M).

The fastest growing export markets for Recreational Boats of United States between 2022 and 2023 were Saint Martin ($91.2M), Bahamas ($57.5M), and Australia ($26.3M).

Imports In 2023, United States imported $3.1B in Recreational Boats, becoming the 1st largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 165th most imported product in United States. United States imports Recreational Boats primarily from: Italy ($719M), France ($327M), United Kingdom ($272M), Mexico ($243M), and Chinese Taipei ($237M).

The fastest growing import markets in Recreational Boats for United States between 2022 and 2023 were Italy ($100M), Mexico ($85.4M), and France ($60.4M).

COMPANIES In 2024, leading companies such as YAMAHA CORPORATION OF AMERICA (53), Elkem Silicones (37), and Adidas (21) were at the forefront of shipping Recreational Boats to the United States.

Latest Trends

January 2025

About

Overview In January 2025 United States' Recreational Boats exports accounted up to $79.1M and imports accounted up to $253M, resulting in a negative trade balance of $174M. Between January 2024 and January 2025 the exports of United States'   Recreational Boats have decreased by $-26.6M (-25.2%) from $106M to $79.1M, while imports decreased by $-31.7M (-11.1%) from $285M to $253M.

Destinations In January 2025, Recreational Boats were exported mostly to Bahamas ($81.3M), Canada ($22.7M), Costa Rica ($16.4M), Sint Maarten ($14.6M), and Mexico ($12.4M), and were imported mostly from Mexico ($38.2M), Italy ($31.9M), France ($20.9M), China ($15.9M), and Poland ($15.3M).

Growth In January 2025, the decrease in Recreational Boats's year-by-year exports was explained primarily by a decrease in exports to Bahamas ($-29.2M or -97.5%), Canada ($-23.2M or -33%), and Mexico ($-20.7M or -81.6%). In January 2025, the decrease in Recreational Boats's year-by-year imports was explained primarily by a decrease in imports from Mexico ($-23.6M or -27.4%), France ($-20.9M or -63.3%), and Turkey ($-11.9M or -68.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$-26.6M(-25.2%)
IMPORT GROWTH (January 2024 - January 2025)$-31.7M(-11.1%)
MAIN EXPORTER (January 2025)Florida$24.5M
MAIN DESTINATION (January 2025)Bahamas$81.3M

This section shows Recreational Boats's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Recreational Boats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.7B
IMPORTS (2023)$3.1B
NET TRADE (2023)-$1.4B

In 2023, United States exported $1.7B in Recreational Boats. The main destinations of United States exports on Recreational Boats were Canada ($677M), Bahamas ($194M), Australia ($119M), Saint Martin ($102M), and Japan ($49.6M).

In 2023, United States imported $3.1B in Recreational Boats, mainly from Italy ($719M), France ($327M), United Kingdom ($272M), Mexico ($243M), and Chinese Taipei ($237M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR United States WERE (2022 - 2023):
Saint Martin$91.2M (829%)
Bahamas$57.5M (42.2%)
Australia$26.3M (28.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY United States WERE (2022 - 2023):
Canada-$99.5M (-12.8%)
Germany-$18.7M (-37.6%)
United Kingdom-$14.3M (-45%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Recreational Boats were:
Italy $3.45B
Germany $1.55B
In 2023, United States's main importing competitors in Recreational Boats were:
Cayman Islands $1.83B
Canada $920M

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Trade Value of Recreational Boats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $14.6M
TOP IMPORT POTENTIALMexico+ $78.3M

Recreational Boats’s highest export potential is United Kingdom. With an export gap of $14.6M.   Recreational Boats’s highest import potential is Mexico with an import gap of $78.3M.

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