In 2023, China led the global export of special purpose ships and vessels, reflecting modest growth. Brazil and South Korea followed, with South Korea exhibiting a noteworthy year-on-year increase of 11.49%. India and Thailand also showed positive growth, while the United States experienced a decline. Smaller countries like Namibia and Croatia confronted downturns, whereas the United Kingdom and Belgium made significant gains, driven by sharp rises in exports. Notably, Switzerland's exports surged exceptionally.
Future trends indicate potential growth driven by technological innovations and increasing global demand for specialized vessels, particularly amid environmental and regulatory changes that encourage sustainable shipping solutions.
Top countries in Export of Special Purpose Ships and Vessels by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 6,639,100,000 | 2023 | +3.65% | +1.49% | View data |
| 2 | 2 Brazil | 5,879,000,000 | 2023 | +4.65% | +0.48% | View data |
| 3 | 3 South Korea | 5,612,700,000 | 2023 | -3.8% | +11.49% | View data |
| 4 | 4 India | 2,651,300,000 | 2023 | +1.81% | +5.33% | View data |
| 5 | 5 Thailand | 1,381,600,000 | 2023 | +3.64% | +3.77% | View data |
| 6 | 6 United Arab Emirates | 589,950,000 | 2023 | +2.54% | +1.58% | View data |
| 7 | 7 Netherlands | 413,350,000 | 2023 | -5.1% | +1.93% | View data |
| 8 | 8 Saudi Arabia | 378,040,000 | 2023 | +2.34% | -2.1% | View data |
| 9 | 9 Oman | 360,370,000 | 2023 | +6.18% | +0.2% | View data |
| 10 | 10 United States | 344,200,000 | 2023 | -1.12% | -3.52% | View data |