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Vessels; other, including warships and lifeboats, other than rowing boats

8906 (Harmonized System 1992 for 4-digit)

2022
World Trade $5.47BRnk 534 / 1218
2022
Top Exporter | Top Importer $936M | $852MSpain | India
2022
Product Complexity -0.3Rnk 657 / 1033
2021 - 2022
Export Growth (CAGR) 6.25%Rnk 557 / 1218
2022
Share of World Trade 0.023%Rnk 534 / 1218

About

Overview This page contains the latest trade data of Other Sea Vessels. In 2022, Other Sea Vessels were the world's 534th most traded product, with a total trade of $5.47B. Between 2021 and 2022 the exports of Other Sea Vessels grew by 6.25%, from $5.15B to $5.47B. Trade in Other Sea Vessels represent 0.023% of total world trade.

Other Sea Vessels are a part of Ships, boats, & floating structures. They include Warships, lifeboats, hospital ships, vessels nes.

Exports In 2022 the top exporters of Other Sea Vessels  were Spain ($936M), Oman ($523M), Singapore ($500M), Romania ($404M), and Israel ($397M).

Imports In 2022 the top importers of Other Sea Vessels were India ($852M), Saudi Arabia ($841M), Norway ($515M), France ($425M), and Cyprus ($303M).

Ranking Other Sea Vessels ranks 657th in the Product Complexity Index (PCI).

Description Vessels are used to transport people and goods. They can be made from a variety of materials, including wood, steel, aluminum, and plastic.

Latest Trends

Latest Data

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

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

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Spain$936M
Top Destination (2022)India$852M

In 2022 Other Sea Vessels were the world's 534th most traded product (out of 1,218).

In 2022, the top exporters of Other Sea Vessels were Spain ($936M), Oman ($523M), Singapore ($500M), Romania ($404M), and Israel ($397M).

In 2022, the top importers of Other Sea Vessels were India ($852M), Saudi Arabia ($841M), Norway ($515M), France ($425M), and Cyprus ($303M).

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Exporters of Other Sea Vessels (2022)
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Importers of Other Sea Vessels (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Oman$523M
Top Destination Growth (2021 -  2022)India$825M

Between 2021 and 2022, the exports of Other Sea Vessels grew the fastest in Oman ($523M), Spain ($509M), Israel ($396M), Singapore ($386M), and Romania ($218M).

Between 2021 and 2022, the fastest growing importers of Other Sea Vessels were India ($825M), Saudi Arabia ($535M), France ($307M), Norway ($270M), and Cyprus ($207M).

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Exporters of Other Sea Vessels (2021 - 2022)

Importers of Other Sea Vessels (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Sea Vessels.

In 2022, market concentration measured using Shannon Entropy, was 4.44. This means that most of the exports of Other Sea Vessels are explained by 21 countries.

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Value of Exports in Other Sea Vessels

Net Trade

TOP NET EXPORTER (2022)Spain$919M
TOP NET IMPORTER (2022)India$743M

This map shows which countries export or import more of Other Sea Vessels. Each country is colored based on the difference in exports and imports of Other Sea Vessels during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Other Sea Vessels were Spain ($919M), Singapore ($441M), Oman ($420M), Israel ($395M), and Romania ($374M).

In 2022, the countries that had a largest trade value in imports than in exports of Other Sea Vessels were India ($743M), Norway ($419M), France ($407M), Cyprus ($302M), and Chinese Taipei ($217M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Other Sea Vessels.
It is possible to select the main countries that export or import Other Sea Vessels in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Other Sea Vessels by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALNorway+ $2.96M
TOP IMPORT POTENTIALChina+ $432k

Other Sea Vessels’s highest export potential is Norway. With an export gap of $2.96M.  Other Sea Vessels’s highest import potential is China with an import gap of $432k.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Other Sea Vessels.

Country by Relatedness

The following visualization shows the relatedness of Other Sea Vessels to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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