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890610 (Harmonized System 2002 for 6-digit)

2022
World Trade $1.21BRnk 2036 / 4939
2022
Top Exporter | Top Importer $840M | $836MSpain | Saudi Arabia
2022
Product Complexity 0.99Rnk 840 / 4946
2021 - 2022
Export Growth (CAGR) 57.5%Rnk 161 / 4939
2022
Share of World Trade 0.0051%Rnk 2036 / 4939

About

Overview This page contains the latest trade data of Vessels: warships. In 2022, Vessels: warships were the world's 2036th most traded product, with a total trade of $1.21B. Between 2021 and 2022 the exports of Vessels: warships grew by 57.5%, from $771M to $1.21B. Trade in Vessels: warships represent 0.0051% of total world trade.

Vessels: warships are a part of Vessels; other, including warships and lifeboats, other than rowing boats.

Exports In 2022 the top exporters of Vessels: warships  were Spain ($840M), Romania ($130M), Japan ($110M), Italy ($54.4M), and United States ($41.5M).

Imports In 2022 the top importers of Vessels: warships were Saudi Arabia ($836M), Philippines ($138M), Norway ($130M), Malta ($52.7M), and Ukraine ($21M).

Ranking Vessels: warships ranks 840th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Vessels: warships. 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 (2022)Spain$840M
Top Destination (2022)Saudi Arabia$836M

In 2022 Vessels: warships were the world's 2036th most traded product (out of 4,939).

In 2022, the top exporters of Vessels: warships were Spain ($840M), Romania ($130M), Japan ($110M), Italy ($54.4M), and United States ($41.5M).

In 2022, the top importers of Vessels: warships were Saudi Arabia ($836M), Philippines ($138M), Norway ($130M), Malta ($52.7M), and Ukraine ($21M).

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Exporters of Vessels: warships (2022)
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Importers of Vessels: warships (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Spain$508M
Top Destination Growth (2021 -  2022)Saudi Arabia$833M

Between 2021 and 2022, the exports of Vessels: warships grew the fastest in Spain ($508M), Japan ($110M), Italy ($54.4M), Romania ($44M), and United States ($30.8M).

Between 2021 and 2022, the fastest growing importers of Vessels: warships were Saudi Arabia ($833M), Norway ($62.2M), Malta ($52.7M), Ukraine ($21M), and Tunisia ($8.34M).

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Exporters of Vessels: warships (2021 - 2022)

Importers of Vessels: warships (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vessels: warships.

In 2022, market concentration measured using Shannon Entropy, was 1.59. This means that most of the exports of Vessels: warships are explained by 3 countries.

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Value of Exports in Vessels: warships

Net Trade

TOP NET EXPORTER (2022)Spain$840M
TOP NET IMPORTER (2022)Poland$1.9M

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

In 2022, the countries that had a largest trade value in exports than in imports of Vessels: warships were Spain ($840M), Romania ($129M), Japan ($110M), Italy ($54.4M), and United States ($40.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Vessels: warships were Poland ($1.9M), Netherlands ($222k), and Belgium ($294).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Vessels: warships 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 (2022)

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