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Light-vessels, fire-floats, dredgers, floating cranes, other vessels; the navigability of which is subsidiary to main function; floating docks, floating, submersible drilling, production platforms

8905 (Harmonized System 1992 for 4-digit)

2022
World Trade $28.3BRnk 165 / 1218
2022
Top Exporter | Top Importer $7.36B | $4.48BSouth Korea | Mozambique
2022
Product Complexity -1.65Rnk 976 / 1033
2021 - 2022
Export Growth (CAGR) 3.66%Rnk 680 / 1218
2022
Share of World Trade 0.12%Rnk 165 / 1218

About

Overview This page contains the latest trade data of Special Purpose Ships. In 2022, Special Purpose Ships were the world's 165th most traded product, with a total trade of $28.3B. Between 2021 and 2022 the exports of Special Purpose Ships grew by 3.66%, from $27.3B to $28.3B. Trade in Special Purpose Ships represent 0.12% of total world trade.

Special Purpose Ships are a part of Ships, boats, & floating structures. They include Floating, submersible drilling or production platform, Floating docks, special function vessels nes, and Dredgers.

Exports In 2022 the top exporters of Special Purpose Ships  were South Korea ($7.36B), China ($6.67B), Singapore ($2.96B), India ($2.06B), and Indonesia ($1.37B).

Imports In 2022 the top importers of Special Purpose Ships were Mozambique ($4.48B), Singapore ($3.3B), India ($3.14B), Norway ($1.26B), and China ($1.17B).

Ranking Special Purpose Ships ranks 976th in the Product Complexity Index (PCI).

Description Floating docks are used to hold boats in place while they are being worked on. Floating cranes are used to lift heavy objects, and floating dredgers are used to remove sediment from the bottom of a body of water.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Special Purpose Ships. 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)South Korea$7.36B
Top Destination (2022)Mozambique$4.48B

In 2022 Special Purpose Ships were the world's 165th most traded product (out of 1,218).

In 2022, the top exporters of Special Purpose Ships were South Korea ($7.36B), China ($6.67B), Singapore ($2.96B), India ($2.06B), and Indonesia ($1.37B).

In 2022, the top importers of Special Purpose Ships were Mozambique ($4.48B), Singapore ($3.3B), India ($3.14B), Norway ($1.26B), and China ($1.17B).

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Exporters of Special Purpose Ships (2022)
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Importers of Special Purpose Ships (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)South Korea$2.47B
Top Destination Growth (2021 -  2022)Singapore$2.37B

Between 2021 and 2022, the exports of Special Purpose Ships grew the fastest in South Korea ($2.47B), China ($2.41B), Indonesia ($894M), France ($764M), and Angola ($326M).

Between 2021 and 2022, the fastest growing importers of Special Purpose Ships were Singapore ($2.37B), Mozambique ($1.91B), Norway ($1.23B), Israel ($932M), and Senegal ($798M).

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Exporters of Special Purpose Ships (2021 - 2022)

Importers of Special Purpose Ships (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Special Purpose Ships.

In 2022, market concentration measured using Shannon Entropy, was 3.58. This means that most of the exports of Special Purpose Ships are explained by 11 countries.

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Value of Exports in Special Purpose Ships

Net Trade

TOP NET EXPORTER (2022)South Korea$7.34B
TOP NET IMPORTER (2022)Mozambique$4.48B

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

In 2022, the countries that had a largest trade value in exports than in imports of Special Purpose Ships were South Korea ($7.34B), China ($5.5B), France ($1.01B), Nigeria ($571M), and Angola ($516M).

In 2022, the countries that had a largest trade value in imports than in exports of Special Purpose Ships were Mozambique ($4.48B), Norway ($1.19B), India ($1.08B), Philippines ($846M), and Denmark ($720M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Special Purpose Ships, disaggragated by their HS6 level were Floating, submersible drilling or production platform ($14.3B), Floating docks, special function vessels nes ($11.9B), and Dredgers ($2.05B)

HS6 Disaggregation for Special Purpose Ships (2022)
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Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Special Purpose Ships by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndonesia+ $5.7M
TOP IMPORT POTENTIALChina+ $1.35M

Special Purpose Ships’s highest export potential is Indonesia. With an export gap of $5.7M.  Special Purpose Ships’s highest import potential is China with an import gap of $1.35M.

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 Special Purpose Ships.

Country by Relatedness

The following visualization shows the relatedness of Special Purpose Ships 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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