Analysis and Studies - Products analysis
Recreational Boats: import and export
March 20th 2023
Recreational boats, also known as pleasure boats, have a long and fascinating history that dates back to ancient civilizations such as Egypt, Greece, and Rome.
Boats were originally used for fishing, transportation and leisure activities. With the advent of new materials and technologies, they became faster, safer, and more accessible to the middle class. Boating became a symbol of leisure, freedom, and adventure, which inspired boaters, sailors, and water sports enthusiasts.
Today, recreational boating is a popular activity that offers relaxation, exercise, socialization, and adventure to millions of people.
In 2020, Recreational Boats were the 187th most traded product in the world, with a total trade of $19B, which represents 0.11% of total world trade. Between 2019 and 2020 their exports grew by 6.92%, from $17.8B to $19B.
In the same year, the top exporters of Recreational Boats were the Netherlands ($2.81B), Italy ($2.33B), Germany ($1.99B), Cayman Islands ($1.82B), and United States ($1.26B), while the top importers were Cayman Islands ($2.73B), United States ($2B), Netherlands ($1.98B), Germany ($1.38B), and Marshall Islands ($1.05B).
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