# HS 890520 Floating Or Submersible Drilling Or  global trade...

Reported global trade in floating or submersible drilling or production platforms reached $9.6B in 2024, with five-year annual growth of -1.2%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $18.0B | +43.3% | +29.8% |
| 2014 | $13.7B | -23.9% | +3.2% |
| 2015 | $17.3B | +26.8% | +11.4% |
| 2016 | $11.4B | -34.4% | -14.2% |
| 2017 | $17.7B | +55.9% | +9% |
| 2018 | $11.5B | -35.3% | -12.9% |
| 2019 | $10.2B | -11.1% | -3.6% |
| 2020 | $9.9B | -2.9% | -17.7% |
| 2021 | $10.0B | +0.5% | -4.6% |
| 2022 | $12.5B | +25.7% | +7.1% |
| 2023 | $7.0B | -43.7% | -10.7% |
| 2024 | $9.6B | +36.5% | -1.2% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Brazil | $1.5B | -7.5% | 2 |
| Indonesia | $1.2B | +77.7% | 5 |
| Singapore | $1.0B | +5.7% | 9 |
| Bahrain | $655.7M | +17.7% | 1 |
| Spain | $485.5M | +45.7% | 6 |
| United Kingdom | $465.7M | +4.1% | 13 |
| China | $350.9M | +10.4% | 3 |
| India | $347.4M | +38.6% | 5 |
| USA | $324.6M | +65.1% | 5 |
| Myanmar | $280.2M | +73.5% | 4 |
| Gabon | $273.0M | +11% | 9 |
| Bahamas | $271.4M | +147.3% | 2 |

_Source: reported merchandise trade data. Updated 2026-08-14._