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Dredgers and floating cranes: top exporters and importers (2024)

In 2024, world trade in dredgers and floating cranes totaled $23.3 billion (3.4 million tonnes). The top exporters were China (24%), South Korea (12%) and Saudi Arabia (10%); the top importers were Singapore (12%), India (8%) and Brazil (7%). Compared with 2019, the value fell 24%.

Summary

World trade
$23.3billion
Tonnes
3.4million tonnes
Price per tonne
$6,278
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$5.5 billion · 23.7%
  2. South Korea$2.9 billion · 12.3%
  3. Saudi Arabia$2.3 billion · 9.9%
  4. Angola$1.4 billion · 6.1%
  5. Norway$1.4 billion · 6.1%
  6. Singapore$1.3 billion · 5.7%
    re-exports
  7. India$1 billion · 4.4%
  8. Indonesia$747 million · 3.2%
  9. Guyana$726 million · 3.1%
  10. United Kingdom$669 million · 2.9%
  11. Netherlands$623 million · 2.7%
    re-exports
  12. Thailand$610 million · 2.6%
  13. Brazil$577 million · 2.5%
  14. Nigeria$531 million · 2.3%
  15. Malaysia$402 million · 1.7%
  16. Croatia$292 million · 1.3%
  17. Turkey$292 million · 1.3%
  18. United Arab Emirates$278 million · 1.2%
  19. Malta$219 million · 0.94%
  20. Poland$204 million · 0.88%

Top importers

  1. Singapore$2.8 billion · 11.9%
    re-exports
  2. India$1.9 billion · 8%
  3. Brazil$1.7 billion · 7.5%
  4. United Arab Emirates$1.6 billion · 7%
  5. United States$1.3 billion · 5.4%
  6. Thailand$1.1 billion · 4.9%
  7. United Kingdom$1.1 billion · 4.8%
  8. Spain$859 million · 3.7%
  9. Malaysia$842 million · 3.6%
  10. Bahamas$823 million · 3.5%
  11. Bahrain$696 million · 3%
  12. China$658 million · 2.8%
  13. Republic of the Congo$618 million · 2.7%
  14. Malta$536 million · 2.3%
  15. Italy$482 million · 2.1%
  16. Canada$459 million · 2%
  17. Denmark$457 million · 2%
  18. Guyana$455 million · 2%
  19. Marshall Islands$399 million · 1.7%
  20. Norway$358 million · 1.5%

Trend

Who sells it

China has been the top exporter since 2023

Value in USD billions. The five largest exporters in 2024.

  • China 5.5
  • South Korea 2.9
  • Saudi Arabia 2.3
  • Angola 1.4
  • Norway 1.4

Source: CEPII BACI

Show the numbers
Country19952024
China0.015.5
South Korea0.082.9
Saudi Arabia< 0.012.3
Angola01.4
Norway0.091.4

Price

Implied price

The price per tonne rose 82% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $6,278

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$3,453
1996$3,281
1997$2,810
1998$3,335
1999$2,409
2000$4,071
2001$3,889
2002$2,076
2003$6,038
2004$2,774
2005$5,609
2006$2,861
2007$7,485
2008$8,599
2009$11,668
2010$4,269
2011$18,272
2012$14,349
2013$15,363
2014$10,004
2015$9,820
2016$1,115
2017$12,534
2018$11,632
2019$8,733
2020$7,509
2021$5,040
2022$7,783
2023$5,974
2024$6,278

What it includes

  • 8905 · Dredgers and floating cranes

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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