# Vessels (HS4 8906) Trade Overview | Yugalinks

> Published by **Yugalinks**, global trade intelligence for growing businesses.
>
> [Follow Yugalinks on LinkedIn](https://in.linkedin.com/company/yugalinks)

Vessels at HS4 8906, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/8906

## Explore Yugalinks

- [Open the trade workspace](https://www.yugalinks.com/app)
- [Read the methodology](https://www.yugalinks.com/methodology)
- [Review data sources](https://www.yugalinks.com/data-sources)
- [Check data coverage](https://www.yugalinks.com/data-coverage)
- [Read Responsible AI principles](https://www.yugalinks.com/responsible-ai)

## Answer

The vessels subsector recorded $6.2B in reported global trade in 2024, with -23.6% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $6.2B |
| Latest annual change | -23.6% |
| Active exporters | 113 |
| Active importers | 187 |
| Active HS6 products | 2 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $962.6M | 872 | 2 |
| 1996 | $980.7M | 880 | 2 |
| 1997 | $1.8B | 873 | 2 |
| 1998 | $1.3B | 902 | 2 |
| 1999 | $1.7B | 991 | 2 |
| 2000 | $1.6B | 1,006 | 2 |
| 2001 | $2.0B | 1,030 | 2 |
| 2002 | $1.9B | 1,004 | 2 |
| 2003 | $1.3B | 1,125 | 2 |
| 2004 | $1.4B | 1,204 | 2 |
| 2005 | $1.2B | 1,122 | 2 |
| 2006 | $2.4B | 1,248 | 2 |
| 2007 | $3.5B | 1,402 | 2 |
| 2008 | $3.3B | 1,451 | 2 |
| 2009 | $4.2B | 1,384 | 2 |
| 2010 | $4.5B | 1,464 | 2 |
| 2011 | $4.4B | 1,457 | 2 |
| 2012 | $5.3B | 1,405 | 2 |
| 2013 | $4.3B | 1,430 | 2 |
| 2014 | $5.9B | 1,488 | 2 |
| 2015 | $4.5B | 1,698 | 2 |
| 2016 | $5.1B | 1,492 | 2 |
| 2017 | $5.6B | 1,500 | 2 |
| 2018 | $5.5B | 1,390 | 2 |
| 2019 | $3.6B | 1,568 | 2 |
| 2020 | $4.2B | 1,378 | 2 |
| 2021 | $4.5B | 1,469 | 2 |
| 2022 | $5.9B | 1,493 | 2 |
| 2023 | $6.0B | 1,693 | 2 |
| 2024 | $6.2B | 1,658 | 2 |

## Leading corridors

- Saudi Arabia to United Arab Emirates: $809.7M; growth +36.4%.
- Saudi Arabia to Bahrain: $580.8M; growth +122.4%.
- China to Saudi Arabia: $428.5M; growth +2.9%.
- Saudi Arabia to Singapore: $362.3M; growth +131.2%.
- Indonesia to Saudi Arabia: $274.4M; growth +449%.
- China to Republic of Korea: $183.1M; growth +12.6%.
- Norway to Saudi Arabia: $178.9M; growth +115.5%.
- Singapore to Saudi Arabia: $148.0M; growth +130.5%.
- Panama to Turkey: $125.0M; growth +584.4%.
- United Arab Emirates to India: $111.8M; growth +260.6%.

## HS6 products

- Vessels: other, including warships and lifeboats, other than rowing boats (HS6 890600)
- Vessels: warships (HS6 890610)
- Vessels: other, including lifeboats other than rowing boats, other than warships (HS6 890690)

## Definitions and coverage

Merchandise trade observations aggregated to HS4. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024.

## Continue your research

- [Explore HS4 8906 in the workspace](https://www.yugalinks.com/app?hs=8906)
- [Open the Yugalinks workspace](https://www.yugalinks.com/app)

## Other formats

- [HTML](https://www.yugalinks.com/trade/sector/hs4/8906/index.html)
- [JSON](https://www.yugalinks.com/trade/sector/hs4/8906/index.json)
- [JSON-LD](https://www.yugalinks.com/trade/sector/hs4/8906/index.ld.json)


## Continue your research

- [Explore HS4 8906 in the workspace](https://www.yugalinks.com/app?hs=8906)
- [Open the Yugalinks workspace](https://www.yugalinks.com/app)

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). [OECD Data Explorer](https://data-explorer.oecd.org/) · [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) · [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) · [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.