{ "pageType": "HS4 subsector trade overview", "source": "api", "title": "Vessels (HS4 8906) Trade Overview | Yugalinks", "description": "Review reported global trade for vessels at HS4 8906, including scale, trend, corridors, countries, and the HS6 products within this subsector.", "canonical": "https://www.yugalinks.com/trade/sector/hs4/8906", "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks", "sameAs": [ "https://in.linkedin.com/company/yugalinks" ] }, "sourceAttribution": { "publisher": "OECD", "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D", "year": 2025, "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27)", "sourceUrl": "https://data-explorer.oecd.org/", "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0", "termsUrl": "https://www.oecd.org/termsandconditions/", "terms": "OECD Terms & Conditions", "accessed": "2026-08-27", "supportingSources": [ { "publisher": "CEPII", "dataset": "BACI bilateral trade flows", "release": "202601", "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.", "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html", "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37", "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf", "license": "Etalab 2.0 Open Licence", "accessed": "2026-08-27" } ] }, "links": { "html": "https://www.yugalinks.com/trade/sector/hs4/8906/index.html", "markdown": "https://www.yugalinks.com/trade/sector/hs4/8906/index.md", "json": "https://www.yugalinks.com/trade/sector/hs4/8906/index.json", "jsonLd": "https://www.yugalinks.com/trade/sector/hs4/8906/index.ld.json", "linkedin": "https://in.linkedin.com/company/yugalinks" }, "internalLinks": { "workspace": "https://www.yugalinks.com/app", "platform": "https://www.yugalinks.com/platform", "methodology": "https://www.yugalinks.com/methodology", "dataSources": "https://www.yugalinks.com/data-sources", "dataCoverage": "https://www.yugalinks.com/data-coverage", "responsibleAi": "https://www.yugalinks.com/responsible-ai" }, "subsector": { "hs4": "8906", "name": "Vessels" }, "coverage": { "firstDataYear": 1995, "latestDataYear": 2024, "yearsWithData": 30, "refreshedAt": "2026-07-20 09:34:09" }, "answer": "The vessels subsector recorded $6.2B in reported global trade in 2024, with -23.6% annual change.", "keyFigures": { "latestTradeUsd": 6225991600.43166, "latestAnnualChangePct": -23.575172030529156, "activeExporters": 113, "activeImporters": 187, "activeHs6Products": 2 }, "growthAndStructure": { "trendLabel": "Rapid growth", "tradeCagr3yPct": 11.802970224372045, "tradeCagr5yPct": 11.853599250012191, "historicalPeakUsd": 6225991600.43166, "historicalPeakYear": 2024, "positiveGrowthYearSharePct": 62.06896551724138, "exporterConcentrationHhi": 2213.5717526332796, "importerConcentrationHhi": 1568.4621089122534, "tradeVolatilityCv": 0.5030244700757525 }, "annualRows": [ { "year": 1995, "hs4": 8906, 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"export_partner_count": 7, "import_partner_count": 13, "active_hs6_count": 2, "country_name": "Romania" }, { "year": 2024, "country_iso3": "SGP", "hs4": 8906, "exports_usd": 205457759.52310136, "imports_usd": 437484790.2930355, "trade_balance_usd": -232027030.76993415, "export_partner_count": 29, "import_partner_count": 29, "active_hs6_count": 2, "country_name": "Singapore" }, { "year": 2024, "country_iso3": "ESP", "hs4": 8906, "exports_usd": 146304343.53824362, "imports_usd": 28968920.654579803, "trade_balance_usd": 117335422.88366382, "export_partner_count": 47, "import_partner_count": 23, "active_hs6_count": 2, "country_name": "Spain" }, { "year": 2024, "country_iso3": "ARE", "hs4": 8906, "exports_usd": 133676060.708226, "imports_usd": 847343507.7409344, "trade_balance_usd": -713667447.0327084, "export_partner_count": 29, "import_partner_count": 30, "active_hs6_count": 2, "country_name": "United Arab Emirates" }, { "year": 2024, "country_iso3": "PAN", "hs4": 8906, "exports_usd": 131924999.40203758, "imports_usd": 410069.5630501066, "trade_balance_usd": 131514929.83898747, "export_partner_count": 5, "import_partner_count": 6, "active_hs6_count": 1, "country_name": "Panama" } ], "importers": [ { "year": 2024, "country_iso3": "SAU", "hs4": 8906, "exports_usd": 1895713607.2965477, "imports_usd": 1148960746.2846975, "trade_balance_usd": 746752861.0118501, "export_partner_count": 14, "import_partner_count": 33, "active_hs6_count": 2, "country_name": "Saudi Arabia" }, { "year": 2024, "country_iso3": "ARE", "hs4": 8906, "exports_usd": 133676060.708226, "imports_usd": 847343507.7409344, "trade_balance_usd": -713667447.0327084, "export_partner_count": 29, "import_partner_count": 30, "active_hs6_count": 2, "country_name": "United Arab Emirates" }, { "year": 2024, "country_iso3": "BHR", "hs4": 8906, "exports_usd": 106.37074376740053, "imports_usd": 581430078.5680722, "trade_balance_usd": -581429972.1973284, "export_partner_count": 1, "import_partner_count": 6, "active_hs6_count": 1, "country_name": "Bahrain" }, { "year": 2024, "country_iso3": "SGP", "hs4": 8906, "exports_usd": 205457759.52310136, "imports_usd": 437484790.2930355, "trade_balance_usd": -232027030.76993415, "export_partner_count": 29, "import_partner_count": 29, "active_hs6_count": 2, "country_name": "Singapore" }, { "year": 2024, "country_iso3": "NOR", "hs4": 8906, "exports_usd": 374043545.8165949, "imports_usd": 303623586.39614415, "trade_balance_usd": 70419959.42045075, "export_partner_count": 36, "import_partner_count": 30, "active_hs6_count": 1, "country_name": "Norway" }, { "year": 2024, "country_iso3": "KOR", "hs4": 8906, "exports_usd": 28348374.325787783, "imports_usd": 248040558.6667214, "trade_balance_usd": -219692184.34093362, "export_partner_count": 21, "import_partner_count": 23, "active_hs6_count": 2, "country_name": "Republic of Korea" }, { "year": 2024, "country_iso3": "TWN", "hs4": 8906, "exports_usd": 8565913.496881165, "imports_usd": 247359073.670691, "trade_balance_usd": -238793160.17380986, "export_partner_count": 54, "import_partner_count": 45, "active_hs6_count": 2, "country_name": "Taiwan" }, { "year": 2024, "country_iso3": "IND", "hs4": 8906, "exports_usd": 106850047.01573937, "imports_usd": 151452013.8297254, "trade_balance_usd": -44601966.81398605, "export_partner_count": 19, "import_partner_count": 19, "active_hs6_count": 2, "country_name": "India" }, { "year": 2024, "country_iso3": "THA", "hs4": 8906, "exports_usd": 40086697.82179329, "imports_usd": 148517826.78018147, "trade_balance_usd": -108431128.95838818, "export_partner_count": 14, "import_partner_count": 25, "active_hs6_count": 2, "country_name": "Thailand" }, { "year": 2024, "country_iso3": "TUR", "hs4": 8906, "exports_usd": 81835723.2176457, "imports_usd": 146559034.98321503, "trade_balance_usd": -64723311.76556933, "export_partner_count": 62, "import_partner_count": 28, "active_hs6_count": 2, "country_name": "Turkey" } ], "products": [ { "hs_code": "890600", "product_name": "Vessels: other, including warships and lifeboats, other than rowing boats" }, { "hs_code": "890610", "product_name": "Vessels: warships" }, { "hs_code": "890690", "product_name": "Vessels: other, including lifeboats other than rowing boats, other than warships" } ], "methodology": { "reportedValues": "Merchandise trade observations aggregated to HS4.", "calculatedIndicators": "Growth, concentration, volatility, and peak comparisons calculated from reported observations.", "missingData": "Missing values remain unavailable and are not imputed." } }