Naval vessels trade by country: top importers, exporters and prices
World trade in naval vessels was worth $7.95 billion in 2024, about 518.6 thousand tonnes. That is an increase of 31% since 2017, and up 35% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $7.95B | 518.6K t |
| 2023 | $5.88B | 268.0K t |
| 2022 | $6.73B | 388.9K t |
| 2021 | $4.60B | 315.0K t |
| 2020 | $3.96B | 474.3K t |
| 2019 | $3.30B | 253.0K t |
| 2018 | $6.45B | 398.0K t |
| 2017 | $6.06B | 368.6K t |
Top naval vessels exporting countries
Saudi Arabia is the largest exporter with 40% of world exports, followed by Norway and Indonesia. The top three supply 54% between them, out of 104 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| Saudi Arabia | $3.21B | 41% |
| Norway | $602.6M | 7.6% |
| Indonesia | $500.5M | 6.3% |
| China | $409.8M | 5.2% |
| Romania | $359.2M | 4.5% |
| India | $308.1M | 3.9% |
| United Arab Emirates | $265.4M | 3.3% |
| Angola | $225.1M | 2.8% |
| United States | $189.2M | 2.4% |
| Thailand | $178.5M | 2.3% |
| Panama | $148.8M | 1.9% |
| Turkey | $116.8M | 1.5% |
Top importing countries and buyer markets
The United Arab Emirates is the biggest buyer with 27% of world imports, ahead of Saudi Arabia and Singapore. Demand is spread widely: the top three take 48% across 185 importing countries.
| Importer | Value | Share |
|---|---|---|
| United Arab Emirates | $2.16B | 27% |
| Saudi Arabia | $1.02B | 13% |
| Singapore | $619.7M | 7.8% |
| Bahrain | $583.0M | 7.3% |
| Norway | $388.1M | 4.9% |
| India | $282.7M | 3.6% |
| Thailand | $203.9M | 2.6% |
| Turkey | $200.9M | 2.5% |
| Taiwan | $196.1M | 2.5% |
| Qatar | $169.2M | 2.1% |
| Netherlands | $167.0M | 2.1% |
| Germany | $131.9M | 1.7% |
Average price per kg
The world average declared value was about $15.32 per kg in 2024. Among the main exporters, India averaged $11,093.31 per kg and Romania $10.88 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 8906: Vessels; other, including warships and lifeboats, other than rowing boats. HS 8906 codes.
Common questions
Which countries export the most naval vessels?
Saudi Arabia exported $3.21 billion in 2024, 40% of the world total, followed by Norway (8%) and Indonesia (6%). In all, 104 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most naval vessels?
The United Arab Emirates imported $2.16 billion in 2024, 27% of world imports, ahead of Saudi Arabia (13%) and Singapore (8%). The top three importers together take 48%. Each country with its own page is linked from the table.
How big is the world trade in naval vessels?
It was worth $7.95 billion in 2024, about 518.6 thousand tonnes. That is an increase of 31% since 2017. 2024 was the highest year since 2017. 104 countries reported exports and 185 reported imports.
What is the average price of naval vessels per kg?
The world average declared value was about $15.32 per kg in 2024. Among the main exporters, India averaged $11,093.31 per kg and Romania $10.88 per kg, so grade and origin matter. It is total declared value divided by total weight, so treat it as a benchmark, not a quote.
What is the HS code for naval vessels?
The HS code for naval vessels is heading 8906, in chapter 89 (ships, boats and floating structures). Customs uses this code worldwide at the six-digit level; national tariffs add more digits. The full list of codes is on the HS 8906 page.
How can I find naval vessels buyers and suppliers?
Public statistics stop at country totals. EximDataX shows the importers and exporters behind this trade from shipment-level customs records, updated weekly, with direct customs feeds and mirror data. Tell us your product and we will show you the latest records on a live call.
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