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Tugboats: top exporters and importers (2024)

In 2024, world trade in tugboats totaled $4.4 billion (520 thousand tonnes). The top exporters were Saudi Arabia (25%), China (11%) and Turkey (9%); the top importers were the United Arab Emirates (31%), Singapore (8%) and India (8%). Compared with 2019, the value fell 21%.

Summary

World trade
$4.4billion
Tonnes
520thousand tonnes
Price per tonne
$8,092
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Saudi Arabia$1.1 billion · 25%
  2. China$494 million · 11.2%
  3. Turkey$383 million · 8.7%
  4. Thailand$361 million · 8.2%
  5. Qatar$312 million · 7.1%
  6. India$289 million · 6.6%
  7. Angola$279 million · 6.4%
  8. Singapore$187 million · 4.3%
    re-exports
  9. Malaysia$146 million · 3.3%
  10. Indonesia$125 million · 2.9%
  11. Netherlands$124 million · 2.8%
    re-exports
  12. Vietnam$94 million · 2.2%
  13. Spain$66 million · 1.5%
  14. Japan$50 million · 1.1%
  15. Italy$47 million · 1.1%
  16. Egypt$41 million · 0.93%
  17. Cyprus$33 million · 0.75%
  18. South Korea$25 million · 0.56%
  19. Germany$23 million · 0.53%
  20. Antigua and Barbuda$22 million · 0.51%

Top importers

  1. United Arab Emirates$1.4 billion · 31%
  2. Singapore$357 million · 8.1%
    re-exports
  3. India$357 million · 8.1%
  4. Thailand$264 million · 6%
  5. Indonesia$204 million · 4.6%
  6. Saudi Arabia$144 million · 3.3%
  7. Equatorial Guinea$91 million · 2.1%
  8. Canada$86 million · 2%
  9. China$80 million · 1.8%
  10. Italy$79 million · 1.8%
  11. Malaysia$73 million · 1.7%
  12. South Africa$67 million · 1.5%
  13. Greece$65 million · 1.5%
  14. Bahrain$64 million · 1.5%
  15. Republic of the Congo$64 million · 1.5%
  16. France$57 million · 1.3%
  17. Germany$48 million · 1.1%
  18. Marshall Islands$44 million · 1%
  19. Netherlands$36 million · 0.82%
    re-exports
  20. South Korea$35 million · 0.8%

Trend

Who sells it

Saudi Arabia has been the top exporter since 2023

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

  • Saudi Arabia 1.1
  • China 0.49
  • Turkey 0.38
  • Thailand 0.36
  • Qatar 0.31

Source: CEPII BACI

Show the numbers
Country19952024
Saudi Arabia01.1
China0.030.49
Turkey0.010.38
Thailand< 0.010.36
Qatar00.31

Price

Implied price

The price per tonne rose 969% since 1995

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

  • 2024: $8,092

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$757
1996$4,737
1997$5,164
1998$4,711
1999$2,754
2000$2,065
2001$602
2002$2,666
2003$3,626
2004$3,028
2005$4,531
2006$5,274
2007$8,234
2008$8,787
2009$9,851
2010$6,513
2011$6,900
2012$12,429
2013$12,498
2014$12,400
2015$13,156
2016$11,044
2017$12,130
2018$11,042
2019$8,936
2020$5,311
2021$10,153
2022$7,145
2023$4,620
2024$8,092

What it includes

  • 8904 · Tugboats

Products in the same chapter

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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