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890800 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.29BRnk 1825 / 4644
2023
Top Exporter | Top Importer $312M | $543MThailand | India
2023
Product Complexity -1.34Rnk 4141 / 4656
2022 - 2023
Export Growth (CAGR) -39%Rnk 4428 / 4644
2023
Share of World Trade 0.0057%Rnk 1825 / 4644

About

Overview This page contains the latest trade data of Vessels and other floating structures for breaking up. In 2023, Vessels and other floating structures for breaking up were the world's 1825th most traded product, with a total trade of $1.29B. Between 2022 and 2023 the exports of Vessels and other floating structures for breaking up decreased by -39%, from $2.12B to $1.29B. Trade in Vessels and other floating structures for breaking up represent 0.0057% of total world trade.

Vessels and other floating structures for breaking up are a part of Scrap Vessels.

Exports In 2023 the top exporters of Vessels and other floating structures for breaking up  were Thailand ($312M), Japan ($230M), Bahamas ($92M), Nigeria ($85.8M), and Singapore ($82.1M).

Imports In 2023 the top importers of Vessels and other floating structures for breaking up were India ($543M), Malaysia ($120M), Singapore ($115M), Turkey ($113M), and Thailand ($108M).

Ranking Vessels and other floating structures for breaking up ranks 4141st in the Product Complexity Index (PCI).

Description Vessels and other floating structures are typically used in oil spills to break up the oil slick. They are also used to break up ice in areas of the ocean that are iced over.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Vessels and other floating structures for breaking up. Countries are shown based on data availability.

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

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* 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 (2023)Thailand$312M
Top Destination (2023)India$543M

In 2023 Vessels and other floating structures for breaking up were the world's 1825th most traded product (out of 4,644).

In 2023, the top exporters of Vessels and other floating structures for breaking up were Thailand ($312M), Japan ($230M), Bahamas ($92M), Nigeria ($85.8M), and Singapore ($82.1M).

In 2023, the top importers of Vessels and other floating structures for breaking up were India ($543M), Malaysia ($120M), Singapore ($115M), Turkey ($113M), and Thailand ($108M).

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Exporters of Vessels and other floating structures for breaking up (2023)
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Importers of Vessels and other floating structures for breaking up (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Japan$50.1M
Top Destination Growth (2022 -  2023)Malaysia$120M

Between 2022 and 2023, the exports of Vessels and other floating structures for breaking up grew the fastest in Japan ($50.1M), Denmark ($30.3M), Thailand ($28.3M), Nigeria ($22.2M), and Poland ($21.1M).

Between 2022 and 2023, the fastest growing importers of Vessels and other floating structures for breaking up were Malaysia ($120M), Indonesia ($42.5M), Gabon ($13.4M), United Kingdom ($10.7M), and Equatorial Guinea ($8.86M).

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Exporters of Vessels and other floating structures for breaking up (2022 - 2023)

Importers of Vessels and other floating structures for breaking up (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vessels and other floating structures for breaking up.

In 2023, market concentration measured using Shannon Entropy, was 3.93. This means that most of the exports of Vessels and other floating structures for breaking up are explained by 15 countries.

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Value of Exports in Vessels and other floating structures for breaking up

Net Trade

TOP NET EXPORTER (2023)Japan$230M
TOP NET IMPORTER (2023)India$543M

This map shows which countries export or import more of Vessels and other floating structures for breaking up. Each country is colored based on the difference in exports and imports of Vessels and other floating structures for breaking up during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Vessels and other floating structures for breaking up were Japan ($230M), Thailand ($205M), Bahamas ($92M), Nigeria ($76.4M), and South Korea ($74.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Vessels and other floating structures for breaking up were India ($543M), Malaysia ($115M), Turkey ($111M), Indonesia ($106M), and Pakistan ($79.5M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Vessels and other floating structures for breaking up.
It is possible to select the main countries that export or import Vessels and other floating structures for breaking up in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Vessels and other floating structures for breaking up by percentage of total exports

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 (2023)

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