2023
Exports
$44.2MWorld Rnk 8 / 78
Flag Rnk 953 / 1215
2023
PRODUCT COMPLEXITY IN Scrap Vessels
-1.53Rnk 947 / 1025
2023
Imports
$10.2kWorld Rnk 53 / 98
Flag Rnk 1210 / 1214
2023
ECONOMIC COMPLEXITY of China
1.16Rnk 21 / 132

About

Exports In 2023, China exported $44.2M in Scrap Vessels, making it the 8th largest exporter of Scrap Vessels in the world. At the same year, Scrap Vessels was the 953rd most exported product in China. The main destination of Scrap Vessels exports from China are: India ($42.7M), Cambodia ($894k), Indonesia ($486k), United Kingdom ($37.6k), and Philippines ($23.3k).

The fastest growing export markets for Scrap Vessels of China between 2022 and 2023 were India ($31.1M), Cambodia ($894k), and Indonesia ($486k).

Imports In 2023, China imported $10.2k in Scrap Vessels, becoming the 53rd largest importer of Scrap Vessels in the world. At the same year, Scrap Vessels was the 1210th most imported product in China. China imports Scrap Vessels primarily from: United Kingdom ($6.87k) and United States ($3.36k).

The fastest growing import markets in Scrap Vessels for China between 2022 and 2023 were United Kingdom ($4.1k) and United States ($3.36k).

COMPANIES In 2024, leading companies such as Walmart (10), CrimsonLogic (5), and Tmall (3) were at the forefront of shipping Scrap Vessels from China to the United States.

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Scrap Vessels. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$44.2M
IMPORTS (2023)$10.2k
NET TRADE (2023)$44.2M

In 2023, China exported $44.2M in Scrap Vessels. The main destinations of China exports on Scrap Vessels were India ($42.7M), Cambodia ($894k), Indonesia ($486k), United Kingdom ($37.6k), and Philippines ($23.3k).

In 2023, China imported $10.2k in Scrap Vessels, mainly from United Kingdom ($6.87k) and United States ($3.36k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Vessels EXPORT MARKETS FOR China WERE (2022 - 2023):
India$31.1M (268%)
Cambodia$894k (1%)
Indonesia$486k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Vessels BY China WERE (2022 - 2023):
Bangladesh-$6.61M (-100%)
Pakistan-$6.47M (-100%)
Chinese Taipei-$1.1M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, China's main exporting competitors in Scrap Vessels were:
In 2023, China's main importing competitors in Scrap Vessels were:

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Trade Value of Scrap Vessels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $7.5M
TOP IMPORT POTENTIALUnited Kingdom+ $3.66k

Scrap Vessels’s highest export potential is India. With an export gap of $7.5M.   Scrap Vessels’s highest import potential is United Kingdom with an import gap of $3.66k.

See methodology.

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