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Warships and other vessels: top exporters and importers (2024)

In 2024, world trade in warships and other vessels totaled $8.4 billion (608 thousand tonnes). The top exporters were Saudi Arabia (38%), Norway (8%) and China (6%); the top importers were the United Arab Emirates (26%), Saudi Arabia (16%) and Singapore (7%). Compared with 2019, the value rose 67%.

Summary

World trade
$8.4billion
Tonnes
608thousand tonnes
Price per tonne
$13,365
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Saudi Arabia$3.2 billion · 38.4%
  2. Norway$637 million · 7.6%
  3. China$512 million · 6.1%
  4. Indonesia$502 million · 6%
  5. Singapore$405 million · 4.8%
    re-exports
  6. India$301 million · 3.6%
  7. Romania$292 million · 3.5%
  8. United Arab Emirates$265 million · 3.2%
  9. Angola$225 million · 2.7%
  10. United States$202 million · 2.4%
  11. Thailand$178 million · 2.1%
  12. Poland$157 million · 1.9%
  13. Panama$149 million · 1.8%
  14. Germany$123 million · 1.5%
  15. Turkey$102 million · 1.2%
  16. Netherlands$93 million · 1.1%
    re-exports
  17. United Kingdom$77 million · 0.92%
  18. Spain$74 million · 0.89%
  19. Bahamas$73 million · 0.87%
  20. Israel$67 million · 0.8%

Top importers

  1. United Arab Emirates$2.2 billion · 25.9%
  2. Saudi Arabia$1.4 billion · 16.3%
  3. Singapore$611 million · 7.3%
    re-exports
  4. Bahrain$583 million · 7%
  5. Norway$437 million · 5.2%
  6. India$289 million · 3.5%
  7. Taiwan$230 million · 2.8%
  8. Germany$229 million · 2.7%
  9. Thailand$214 million · 2.6%
  10. Turkey$205 million · 2.5%
  11. Qatar$152 million · 1.8%
  12. Pakistan$119 million · 1.4%
  13. South Korea$119 million · 1.4%
  14. Canada$116 million · 1.4%
  15. Netherlands$104 million · 1.2%
    re-exports
  16. United Kingdom$92 million · 1.1%
  17. Spain$87 million · 1%
  18. China$83 million · 0.99%
  19. United States$82 million · 0.98%
  20. Hong Kong$78 million · 0.94%
    re-exports

Trend

Who sells it

Saudi Arabia has been the top exporter since 2018

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

  • Saudi Arabia 3.2
  • Norway 0.64
  • China 0.51
  • Indonesia 0.5
  • Singapore 0.41

Source: CEPII BACI

Show the numbers
Country19952024
Saudi Arabia< 0.013.2
Norway0.040.64
China0.210.51
Indonesia< 0.010.5
Singapore0.010.41

Price

Implied price

The price per tonne rose 156% since 1995

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

  • 2024: $13,365

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$5,218
1996$6,473
1997$9,280
1998$7,767
1999$9,873
2000$7,908
2001$2,778
2002$2,015
2003$4,419
2004$7,227
2005$6,578
2006$8,242
2007$9,854
2008$9,933
2009$9,750
2010$4,212
2011$13,930
2012$14,066
2013$15,898
2014$15,162
2015$10,174
2016$9,412
2017$8,068
2018$12,516
2019$9,885
2020$8,126
2021$13,551
2022$13,909
2023$11,489
2024$13,365

What it includes

  • 8906 · Warships and other vessels

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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