IMPORTS/ EXPORTS - NMMA · (10 percent), Middle East/Persian Gulf and Africa ( seven percent), and...
Transcript of IMPORTS/ EXPORTS - NMMA · (10 percent), Middle East/Persian Gulf and Africa ( seven percent), and...
IMPORTS/EXPORTS
This section provides an overview of the import and export markets for boatsand engines in the United States; herein “imports” refers to goods shipped to the
U.S. and “exports” refers to goods shipped from the U.S. to other countries.
The content of this section is derived from the U.S. Department of Commerce import
and export data as reported in the U.S. International Trade Commission database.
SUMMARY
Since 2007, there has been a positive balance in U.S. trade of recreational boats and marine
engines; the balance totaled $274.5 million in 2011, down nearly 23 percent from the
previous year.
Recreational boat and marine engine exports together totaled $2.24 billion in 2012, up
2.9 percent from 2011; boat and engine imports together totaled $1.97 billion, up nearly
eight percent from the prior year.
The U.S. exported $1.77 billion worth of recreational boats in 2012, up 1.8 percent from the
prior year and the third increase in as many years. However, this total is still less than the
$2.5 billion peak reached prior to the recession. By market segment, exports of “other”
and outboard boats, up nine percent and 22 percent, respectively, offset declines in exports
of sailboats, inflatable, inboard,and sterndrive boats, down 32 percent, 19 percent, five percent
and three percent, respectively. Rowboat/canoe exports were essentially, flat, up just 0.3 percent.
The number of recreational boats exported in 2012 increased for the third consecutive year,
up 1.4 percent to a four-year high total of 130,569 units.
Recreational boat imports reached a four-year high $1.1 billion in 2012, a 13 percent increase
from 2012; if this pace of growth continues, U.S. recreational boat imports will exceed 2008
levels within the next few years. By market segment, sterndrive boat imports fell 14 percent,
imports in all other segments grew; outboard boat imports jumped 42 percent, “other”
climbed 19 percent, inboard boats rose 18 percent, inflatable boats were up 17 percent,
sailboats were up nine percent and rowboats/canoe imports rose three percent. In terms of
dollars, traditional powerboat imports to the U.S. have more than doubled since 1996.
A record-high 301,000 boats were imported in 2012, driven by a 20,000 unit gain in canoe
imports. Canoes accounted for nearly four out of five boat imports. Traditional powerboats
(inboard-, outboard-, and sterndrive-propelled) contributed 10,500 units to the 2012 import
total, about a quarter less than the 17-year average of 14,000 units.
The U.S. exported $469 million worth of marine engines in 2012, up nearly eight percent
from the prior year. The number of marine engines exported increased for the third
consecutive year, up 21 percent to a five-year high 97,500 units; outboard engines accounted
for much of the increase (up 17,000 units compared to 2011) with a value of $330 million,
or 70 percent, of the U.S. marine engine export market. Outboard engines dominated the
marine engine export market in 2012; more than four out of five marine engine exports
were outboard engines, followed by sterndrive, inboard and hydrojet engines, in that order.
SUMMARY
The U.S. imported $902 million worth of marine engines in 2012, a two percent increase
from 2011; outboard engines accounted for $636 million, or 70 percent, of U.S. marine
engine imports. In terms of volume, recreational marine engines imports totaled 385,000
units in 2012, a 13 percent drop from 2011; volume declines in inboard engines (down
22 percent) and sterndrive engines (down 57 percent) were offset by gains in outboard
engines (up eight percent) and hydrojet engines (up 82 percent). Nearly two of three
(65 percent) engines entering the U.S. were outboards, followed by inboard engines
(15 percent) and sterndrive engines (14 percent).
The trade deficit in the outboard engine market improved by $58 million in 2012 to
-$306 million, reflecting a 29 percent gain in exports offset by three percent gain in imports.
In terms of market share, recreational boat and marine engine export destinations ranked as
follows: Canada (31 percent), Latin America (Central/South America, Caribbean and Mexico)
(23 percent), Western Europe (17 percent), Australia/Pacific Islands (11 percent), Asia
(10 percent), Middle East/Persian Gulf and Africa ( seven percent), and Russia/Eastern
Europe (two percent). Latin America ranked second in 2012 on the strength of continued
export growth, while Western Europe dropped to third. NAFTA trading partners, Canada and
Mexico, accounted for more than one in three recreational boat and marine export dollars.
Nearly half (48 percent) of all boat and engine imports in 2012 were from Asia, followed
by Western Europe (26 percent), Canada (15 percent), Latin America (seven percent),
Australia/Pacific Islands (three percent), and Middle East/Persian Gulf and Africa (two
percent); with rank order unchanged from 2011.
Canada was the leading destination for recreational boat exports in 2012; 33 percent of the
boats leaving the U. S. were shipped to Canada, followed by Latin America (22 percent),
Western Europe (15 percent), Australia/Pacific Islands (11 percent), Middle East/Persian Gulf
and Africa (8 percent), Asia (6 percent), and Russia/Eastern Europe (2 percent). U.S. trade in
recreational boats with Latin America and Canada increased four percent and two percent,
respectively, at the expense of Western Europe and Australia/Pacific Islands, down five percent
and four percent, respectively.
Latin America was the top destination for marine engines in 2012, edging out Western
Europe; 26.2 percent of marine engines leaving the U.S. were shipped to Latin America,
followed by Western Europe (25.7 percent—the majority of which landed in Belgium),
Canada (21 percent), Asia (13 percent), Australia/Pacific Islands (10 percent), Middle
East/Persian Gulf and Africa (four percent).
SUMMARY
Slightly more than four of ten (42 percent) recreational boat imports to the U.S. were from
Western Europe (the majority of which originated in Italy), followed by Canada (25 percent),
Asia (19 percent—the majority of which originated in Taiwan), Latin America (five percent—
the majority of which originated in Mexico), Middle East/Persian Gulf and Africa (four
percent), Australia/Pacific Islands (3.9 percent), and Russia/Eastern Europe (one percent).
Japan continued to dominate the marine engine import market in 2012. More than eight of
ten (83 percent) marine engine imports to the U.S. were from Asia (the majority of which
originated in Japan), followed by Latin America (nine percent), Western Europe (seven
percent) and Australia/Pacific Islands (one percent).
The purchasing power of the U.S. dollar slightly weakened against the Canadian dollar and
Euro in 2012. The dollar dropped three cents on the Canadian dollar to CAD0.99, but was
still below the 16-year average of CAD1.27. The dollar also dropped one cent on the Euro to
€0.76 and was nine cents above the record low set in 2007, but still below the 14-yearaverage of €0.85.
158 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.1 Value of boat and engine imports and exportsThe trade surplus in recreational boats and marine engines moderated for the fourth consecutive year in 2012 to $274.5 million, as imports (up 7.9%) outpaced exports(up 2.9%) in growth. During the past two years, boat imports grew an average 19%, compared to total boat and engine exports, which slowed to an average increase of 2%,following a 23% jump in 2010.
Recreational marine trade has grown for three consecutive years; exports totaled $2.2 billion and imports totaled $2.0 billion in 2012.
Since 2007, there has been a surplus in U.S. trade of recreational boats and marine engines.
On average, boats accounted for slightly more than 7 of 10 export dollars and 3 of 5 import dollars; engines made up the balance.
SOURCE: USITC
TABLE 7.11996 1997 1998 1999 2000 2001 2002 2003 2004
(MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS)
Engine Exports $343.9 $365.3 $344.9 $335.5 $401.7 $322.8 $332.4 $339.4 $426.2
Boat Exports $626.8 $678.6 $674.8 $698.5 $662.0 $560.4 $600.5 $748.5 $1,125.7
TOTAL EXPORTS $970.7 $1,043.9 $1,019.7 $1,034.0 $1,063.7 $883.2 $932.9 $1,087.9 $1,551.9
Engine Imports $396.7 $354.5 $387.8 $540.5 $658.7 $635.9 $818.5 $1,014.8 $1,099.8
Boat Imports $1,021.0 $835.0 $874.7 $984.2 $1,074.8 $1,113.1 $1,157.7 $1,207.2 $1,247.3
TOTAL IMPORTS $1,417.8 $1,189.5 $1,262.5 $1,524.7 $1,733.4 $1,749.0 $1,976.2 $2,222.0 $2,347.1
TRADE BALANCE -$447.1 -$145.6 -$242.8 -$490.8 -$669.7 -$865.8 -$1,043.3 -$1,134.1 -$795.2
2005 2006 2007 2008 2009 2010 2011 2012(MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) % CHANGE
Engine Exports $587.8 $598.1 $677.9 $553.4 $317.6 $425.7 $436.4 $469.3 7.5%
Boat Exports $1,572.4 $1,746.9 $2,204.5 $2,465.1 $1,436.0 $1,738.8 $1,740.2 $1,770.8 1.8%
TOTAL EXPORTS $2,160.1 $2,345.0 $2,882.4 $3,018.5 $1,753.6 $2,164.5 $2,176.6 $2,240.1 2.9%
Engine Imports $1,266.8 $1,393.5 $1,024.6 $921.5 $390.2 $834.4 $884.3 $902.4 2.0%
Boat Imports $1,350.5 $1,423.8 $1,466.7 $1,231.5 $789.6 $757.3 $937.8 $1,063.3 13.4%
TOTAL IMPORTS $2,617.3 $2,817.3 $2,491.2 $2,153.0 $1,179.8 $1,591.7 $1,822.1 $1,965.7 7.9%
TRADE BALANCE -$457.2 -$472.4 $391.1 $865.5 $573.8 $572.7 $354.5 $274.5 -22.6%
Mill
ions
of U
.S. D
olla
rs
CHART 7.1a Value of exported and imported boats and engines
$0
$500
$1,000
$1,500
$2,000
$2,500
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
ENGINE EXPORTS
ENGINE IMPORTS
BOAT IMPORTS
BOAT EXPORTS
Expo
rts/
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
CHART 7.1b Export/import trade balance
$-1,500
$-1,000
$-500
$0
$500
$1,000
$1,500
$2,000
$2,500
$3,000
$3,500
TOTAL EXPORTS
TOTAL IMPORTS
TRADE BALANCETota
l Bal
ance
, Mill
ions
of U
.S. D
olla
rs
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12$-1,500
$-1,000
$-500
$0
$500
$1,000
$1,500
$2,000
$2,500
$3,000
$3,500
159©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.1.1 Value of boat exports by categoryBoat exports grew 1.8% in 2012 to a four-year high $1.8 billion; however, this total is less than the $2.5 billion peak reached prior to the global recession.
Export gains in “other” boats (up $57 million, with an average export value of $14,000) and outboard boats (up $36 million) offset a $30 million decline in sailboat exportsand a $22 million decline in inboard boat exports.
SOURCE: USITC
TABLE 7.1.11996 1997 1998 1999 2000 2001 2002 2003 2004
(MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS)
Outboard Boats $42.0 $59.3 $41.1 $45.5 $53.6 $51.3 $52.2 $63.4 $86.3
Inboard Boats $189.8 $223.0 $213.1 $197.3 $198.3 $152.6 $178.8 $234.7 $338.2
Sterndrive Boats $191.3 $199.4 $198.7 $236.3 $198.5 $131.8 $131.4 $194.2 $300.9
Sailboats $79.5 $57.4 $60.4 $47.4 $42.3 $55.1 $36.5 $38.5 $59.2
Inflatable Boats $6.2 $5.8 $11.4 $9.6 $10.8 $9.2 $7.8 $8.2 $8.8
Rowboats/Canoes $12.1 $10.7 $9.0 $9.6 $8.8 $8.9 $9.0 $9.7 $9.6
Other* $105.9 $123.1 $141.1 $152.9 $149.7 $151.5 $184.9 $199.8 $322.8
TOTAL BOAT EXPORTS $626.8 $678.6 $674.8 $698.5 $662.0 $560.4 $600.5 $748.5 $1,125.7
2005 2006 2007 2008 2009 2010 2011 2012(MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) % CHANGE
Outboard Boats $142.7 $144.2 $174.1 $207.3 $124.1 $135.7 $167.5 $203.9 21.7%
Inboard Boats $544.6 $508.3 $584.0 $633.3 $493.6 $562.3 $475.6 $453.5 -4.6%
Sterndrive Boats $379.1 $453.5 $573.0 $631.5 $248.6 $286.9 $307.8 $299.4 -2.7%
Sailboats $89.6 $95.8 $110.7 $132.8 $80.6 $94.8 $93.7 $63.8 -32.0%
Inflatable Boats $9.8 $18.7 $12.4 $19.5 $11.4 $11.0 $12.0 $9.7 -19.0%
Rowboats/Canoes $10.9 $15.5 $19.3 $23.5 $21.0 $24.1 $24.7 $24.8 0.3%
Other* $395.7 $510.9 $730.9 $817.2 $456.8 $624.0 $658.8 $715.7 8.6%
TOTAL BOAT EXPORTS $1,572.4 $1,746.9 $2,204.5 $2,465.1 $1,436.0 $1,738.8 $1,740.2 $1,770.8 1.8%
*Other includes PWCs.
0%
20%
40%
60%
80%
100%
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
OTHER*
ROWBOATS/CANOES
INFLATABLE BOATS
SAILBOATS
STERNDRIVE BOATS
INBOARD BOATS
OUTBOARD BOATSPerc
ent o
f Exp
ort B
oat D
olla
rs b
y Ca
tego
ry
CHART 7.1.1
160 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.1.2 Value of imports by categoryBoat imports reached a four-year high of $1.1 billion in 2012. If this rate of growth is maintained, U.S. recreational boat imports will exceed 2008 levels in the next fewyears. The growth was evident across nearly all categories (led by a 42% increase in outboard boat dollars and trailed by a 3% increase in rowboat and canoe dollars)except sterndrive boats, which were down 14%. Consequently, inboard boats accounted for a larger percentage of import dollars, up 2% to 53% while sterndrive boatsdeclined 2% in 2012 to a 7% share.
The sales distribution (in terms of dollar value) for the remaining imported boat categories was relatively unchanged compared to the prior year.
Market share for traditional powerboats imports to the U.S. has more than doubled over time, up 104% compared to 1996.
SOURCE: USITC
TABLE 7.1.21996 1997 1998 1999 2000 2001 2002 2003 2004
(MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS)
Outboard Boats $11.3 $11.1 $13.2 $15.3 $20.3 $16.1 $21.8 $25.4 $25.1
Inboard Boats $277.8 $311.7 $414.4 $499.3 $524.1 $569.7 $552.9 $652.6 $679.2
Sterndrive Boats $28.0 $27.1 $65.1 $81.5 $100.9 $77.7 $74.9 $113.3 $126.6
Sailboats $79.4 $68.0 $85.6 $115.1 $124.5 $132.4 $121.5 $138.1 $114.3
Inflatable Boats $23.9 $21.4 $23.5 $23.9 $33.2 $26.2 $24.7 $27.7 $31.2
Rowboats/Canoes $11.2 $13.5 $19.4 $22.6 $27.8 $29.1 $29.2 $31.8 $30.3
Other* $589.4 $382.4 $253.5 $226.6 $243.9 $262.0 $332.7 $218.3 $240.7
TOTAL BOAT IMPORTS $1,021.0 $835.0 $874.7 $984.2 $1,074.8 $1,113.1 $1,157.7 $1,207.2 $1,247.3
2005 2006 2007 2008 2009 2010 2011 2012(MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) % CHANGE
Outboard Boats $23.6 $28.2 $23.4 $16.0 $11.1 $8.8 $10.2 $14.4 42.0%
Inboard Boats $728.6 $731.8 $759.7 $557.4 $430.0 $373.4 $474.4 $558.9 17.8%
Sterndrive Boats $143.9 $153.9 $162.4 $116.9 $51.2 $90.6 $86.8 $74.6 -14.1%
Sailboats $113.6 $120.0 $122.0 $118.9 $69.1 $89.8 $99.9 $109.1 9.3%
Inflatable Boats $34.1 $28.3 $32.7 $42.7 $26.1 $26.2 $25.4 $29.5 16.5%
Rowboats/Canoes $28.8 $32.7 $42.6 $43.9 $45.3 $56.8 $60.0 $61.8 3.0%
Other* $277.9 $328.9 $323.7 $335.7 $156.9 $111.6 $181.2 $215.0 18.6%
TOTAL BOAT IMPORTS $1,350.5 $1,423.8 $1,466.7 $1,231.5 $789.6 $757.3 $937.8 $1,063.3 13.4%
*Other includes PWCs.
0%
20%
40%
60%
80%
100%
OTHER*
ROWBOATS/CANOES
INFLATABLE BOATS
SAILBOATS
STERNDRIVE BOATS
INBOARD BOATS
OUTBOARD BOATSPerc
ent o
f Im
port
Boa
t Dol
lars
by
Cate
gory
CHART 7.1.2
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
161©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.2.1 Boats exported by category: Unit totalsGrowth of boat exports moderated in 2012, up 1.4% to 130,600 units (compared to a 10% increase in 2011); gains in outboard boat exports (up 2,400 units) and sterndriveboats (up 800 units) offset a decline in exports for all other categories. The 7,400 unit increase in exports of “other” boats, coupled with a near-corresponding decreasein exports of inboard boats smaller than 26' and rowboats/canoes, suggests a classification shift in PWCs and rowboats/canoes to the former category from the lattercategories in 2012, as opposed to otherwise substantial, actual changes in underlying trade flows.
SOURCE: USITC
TABLE 7.2.11996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard Boats 8,389 10,783 9,736 9,173 9,950 8,088 9,136 10,297 9,855
Inboard Boats 14,284 11,938 10,726 10,975 9,245 8,430 7,304 10,519 9,318
Sterndrive Boats 9,801 10,822 10,147 10,544 9,988 6,672 6,184 8,338 13,642
Sailboats 4,077 4,611 3,984 2,613 1,708 2,047 2,323 2,357 2,781
Inflatable Boats 8,818 6,154 9,247 7,660 11,187 8,914 7,536 6,912 7,504
Rowboats/Canoes 4,906 3,099 2,101 2,080 2,071 3,285 3,671 3,207 4,119
Other* 15,536 21,684 23,250 22,794 19,229 17,256 19,878 17,345 28,662
TOTAL EXPORTS 65,811 69,091 69,191 65,839 63,378 54,692 56,032 58,975 75,881
2005 2006 2007 2008 2009 2010 2011 2012 % CHANGE
Outboard Boats 14,185 13,713 15,574 18,754 12,222 12,992 15,632 18,056 15.5%
Inboard Boats 10,964 10,928 12,913 15,575 10,609 12,267 10,676 6,899 -35.4%
Sterndrive Boats 15,727 16,501 18,853 19,422 8,783 10,074 10,514 11,310 7.6%
Sailboats 3,216 3,351 3,742 4,573 2,962 3,586 3,244 2,398 -26.1%
Inflatable Boats 6,423 6,289 6,008 8,291 6,304 4,283 5,235 4,695 -10.3%
Rowboats/Canoes 4,207 19,346 32,072 37,515 32,979 34,130 38,875 35,222 -9.4%
Other* 38,294 35,814 42,770 49,666 36,929 39,337 44,627 51,989 16.5%
TOTAL EXPORTS 93,016 105,942 131,932 153,796 110,788 116,669 128,803 130,569 1.4%
*Other includes PWCs.
0%
20%
40%
60%
80%
100%
OTHER*
ROWBOATS/CANOES
INFLATABLE BOATS
SAILBOATS
STERNDRIVE BOATS
INBOARD BOATS
OUTBOARD BOATSPerc
ent o
f Boa
ts E
xpor
ted
by C
ateg
ory
CHART 7.2.1
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
162 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.2.2 Boats imported by category: Unit totalsBoat imports reached another record-high 301,000 units in 2012, up 7.5% from the prior year, primarily reflecting a 20,000-unit gain in canoe imports.
Nearly 4 in 5 imported boats were canoes, with an average import value of $200.
Traditional powerboats’ (inboard-, outboard-, and sterndrive-propelled) share of the import market was relatively unchanged from the prior year, totaling 10,500 units(about one quarter below the 17-year average of 14,000 units). Within the traditional powerboat market, small (less than 17'), fiberglass outboard boats led import growthwith a 1,700 unit increase, offset by a 700-unit decline in imports of small (less than 22') sterndrive runabouts.
SOURCE: USITC
TABLE 7.2.21996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard Boats 4,838 3,663 3,755 7,676 11,441 8,393 11,643 12,324 11,624
Inboard Boats 4,425 2,477 710 996 2,154 6,402 4,622 6,135 2,412
Sterndrive Boats 606 648 957 1,155 1,267 1,072 2,031 5,430 7,646
Sailboats 639 1,153 883 975 2,731 1,252 1,669 1,557 1,558
Inflatable Boats 20,319 17,507 19,608 20,594 25,873 19,127 17,037 19,686 22,183
Rowboats/Canoes 23,257 26,773 45,495 57,525 72,271 75,281 72,652 71,244 84,296
Other* 167,378 116,088 89,800 89,672 95,438 91,806 92,868 71,908 70,214
TOTAL IMPORTS 221,462 168,309 161,208 178,593 211,175 203,333 202,522 188,284 199,933
2005 2006 2007 2008 2009 2010 2011 2012 % CHANGE
Outboard Boats 8,190 10,515 10,166 8,859 7,555 6,434 4,548 6,372 40.1%
Inboard Boats 1,610 987 779 539 366 291 333 489 46.8%
Sterndrive Boats 8,822 10,596 9,192 5,386 1,690 4,349 4,183 3,599 -14.0%
Sailboats 2,093 1,772 1,851 1,572 1,335 1,359 1,491 1,383 -7.2%
Inflatable Boats 22,374 20,586 22,665 27,238 15,574 13,334 15,139 13,417 -11.4%
Rowboats/Canoes 69,492 90,934 109,551 119,500 164,596 212,479 218,103 239,200 9.7%
Other* 75,298 84,945 71,741 66,534 31,557 27,074 36,167 36,399 0.6%
TOTAL IMPORTS 187,879 220,335 225,945 229,628 222,673 265,320 279,964 300,859 7.5%
*Other includes PWCs
Perc
ent o
f Im
port
ed B
oats
by
Cate
gory
CHART 7.2.2
0%
20%
40%
60%
80%
100%
OTHER*
ROWBOATS/CANOES
INFLATABLE BOATS
SAILBOATS
STERNDRIVE BOATS
INBOARD BOATS
OUTBOARD BOATS
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
163©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.2.3 Trade balance: Boats by categoryThe trade surplus in recreational boats fell for the second consecutive year, down 12% to $708 million in 2012, primarily reflecting an $84 million surgein inboard boat imports.
Outboard boats, sterndrive boats, and “other” boats (which positively contributed 71% to the total trade balance) carried surpluses.
Historical trade deficits in the sailboat, inflatable boats, and rowboats/canoes deepened in 2012, as the rate of growth in imports exceeded that of exports.
SOURCE: USITC
TABLE 7.2.31996 1997 1998 1999 2000 2001 2002 2003 2004
(MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS)
Outboard $30.7 $48.2 $28.0 $30.2 $33.3 $35.2 $30.4 $38.0 $61.2
Inboard -$88.0 -$88.7 -$201.3 -$302.0 -$325.9 -$417.0 -$374.2 -$417.9 -$341.0
Sterndrive $163.3 $172.3 $133.6 $154.8 $97.7 $54.0 $56.5 $80.9 $174.3
Sailboats $0.1 -$10.6 -$25.2 -$67.6 -$82.2 -$77.3 -$85.0 -$99.6 -$55.1
Inflatables -$17.7 -$15.6 -$12.1 -$14.3 -$22.5 -$17.0 -$16.9 -$19.5 -$22.4
Rowboats, canoes $0.9 -$2.8 -$10.4 -$13.0 -$19.0 -$20.2 -$20.2 -$22.1 -$20.7
Other* -$483.6 -$259.3 -$112.4 -$73.7 -$94.2 -$110.5 -$147.8 -$18.4 $82.1
TOTAL -$394.2 -$156.4 -$199.8 -$285.7 -$412.7 -$552.7 -$557.3 -$458.7 -$121.6
2005 2006 2007 2008 2009 2010 2011 2012 % CHANGE (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) '12 VS '11 % OF TOTAL
Outboard $119.1 $116.0 $150.7 $191.2 $113.0 $127.0 $157.3 $189.5 20.4% 26.8%
Inboard -$184.0 -$223.5 -$175.7 $75.9 $63.6 $188.9 $1.1 -$105.4 -9,369.9% -14.9%
Sterndrive $235.2 $299.6 $410.6 $514.6 $197.4 $196.3 $221.1 $224.8 1.7% 31.8%
Sailboats -$24.1 -$24.2 -$11.3 $13.9 $11.5 $5.0 -$6.2 -$45.4 637.0% -6.4%
Inflatables -$24.3 -$9.5 -$20.3 -$23.2 -$14.8 -$15.3 -$13.4 -$19.8 48.1% -2.8%
Rowboats, canoes -$17.9 -$17.3 -$23.3 -$20.4 -$24.3 -$32.7 -$35.2 -$36.9 4.9% -5.2%
Other* $117.8 $182.0 $407.2 $481.5 $299.9 $512.3 $477.6 $500.8 4.8% 70.8%
TOTAL $221.8 $323.1 $737.8 $1,233.6 $646.4 $981.5 $802.4 $707.5 -11.8% 100.0%
*Other includes PWCs.
Mill
ions
of D
olla
rs
CHART 7.2.3
$-800
$-600
$-400
$-200
$0
$200
$400
$600
$800
$1,000
$1,200
$1,400
OTHER*
ROWBOATS/CANOES
INFLATABLE BOATS
SAILBOATS
STERNDRIVE BOATS
INBOARD BOATS
OUTBOARD BOATS
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
164 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.3 Outboard boats: Exports and imports value and volumeOutboard boat exports surged to $204 million in 2012, nearly hitting the record $207 million peak reached in 2008. Imports also posted a healthy 42% gain in 2012,to $14.4 million. Exports far exceed imports in this market, yielding a trade surplus of $190 million, the second largest trade balance on record.
The average value of outboard boat exports increased slightly (up 5%) to $11,300 in 2012. Outboard boats exports (with an average value of $12,000—$12.3 million/1,012units) to Australia and the Pacific Islands surged in 2012, up 70% or $5 million, propelling the Australian region to rank second as a trading partner followed closely by CentralAmerica and the Caribbean Islands, on the strength of a $3 million gain in outboard boat exports. South America and Western Europe receded to fourth and fifth destinations,respectively.
Canada remained the top trading partner for outboard boats, accounting for nearly 7 of 10 export and import dollars. A $1.7 million influx of outboard boats enteringthe U.S. from Mexico and a near six-fold increase in outboard boats from Western Europe were primarily responsible for Canada's 12% decline in import share in 2012.
SOURCE: USITC
TABLE 7.3 Outboard Boats1996 1997 1998 1999 2000 2001 2002 2003 2004
TOTAL EXPORTS (MILLIONS) $42.0 $59.3 $41.1 $45.5 $53.6 $51.3 $52.2 $63.4 $86.3
Percent of Total Export Dollar value 6.7% 8.7% 6.1% 6.5% 8.1% 9.2% 8.7% 8.5% 7.7%
NUMBER OF EXPORTED BOATS 8,389 10,783 9,736 9,173 9,950 8,088 9,136 10,297 9,855
Percent of Total Exported Boats 12.7% 15.6% 14.1% 13.9% 15.7% 14.8% 16.3% 17.5% 13.0%
TOTAL IMPORTS (MILLIONS) $11.3 $11.1 $13.2 $15.3 $20.3 $16.1 $21.8 $25.4 $25.1
Percent of Total Import Dollar value 1.1% 1.3% 1.5% 1.6% 1.9% 1.4% 1.9% 2.1% 2.0%
NUMBER OF IMPORTED BOATS 4,838 3,663 3,755 7,676 11,441 8,393 11,643 12,324 11,624
Percent of Total Imported Boats 2.2% 2.2% 2.3% 4.3% 5.4% 4.1% 5.7% 6.5% 5.8%
TRADE BALANCE (MILLIONS) $30.7 $48.2 $28.0 $30.2 $33.3 $35.2 $30.4 $38.0 $61.2
2005 2006 2007 2008 2009 2010 2011 2012
TOTAL EXPORTS (MILLIONS) $142.7 $144.2 $174.1 $207.3 $124.1 $135.7 $167.5 $203.9
Percent of Total Export Dollar value 9.1% 8.3% 7.9% 8.4% 8.6% 7.8% 9.6% 11.5%
NUMBER OF EXPORTED BOATS 14,185 13,713 15,574 18,754 12,222 12,992 15,632 18,056
Percent of Total Exported Boats 15.3% 12.9% 11.8% 12.2% 11.0% 11.1% 12.1% 13.8%
TOTAL IMPORTS (MILLIONS) $23.6 $28.2 $23.4 $16.0 $11.1 $8.8 $10.2 $14.4
Percent of Total Import Dollar value 1.7% 2.0% 1.6% 1.3% 1.4% 1.2% 1.1% 1.4%
NUMBER OF IMPORTED BOATS 8,190 10,515 10,166 8,859 7,555 6,434 4,548 6,372
Percent of Total Imported Boats 4.4% 4.8% 4.5% 3.9% 3.4% 2.4% 1.6% 2.1%
TRADE BALANCE (MILLIONS) $119.1 $116.0 $150.7 $191.2 $113.0 $127.0 $157.3 $189.5
CHART 7.3 Outboard boat trade balance
Expo
rts/
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
$0
$50
$100
$150
$200
$250
TOTAL EXPORTS
TOTAL IMPORTS
TRADE BALANCETrad
e Ba
lanc
e Su
rplu
s, M
illio
ns o
f U.S
. Dol
lars
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12$0
$50
$100
$150
$200
$250
165©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
TABLE 7.3.1 Share of top export regional trading partners by year in terms of valueRANKING 1996 1997 1998 1999 2000 2001 2002 2003 2004
1 Canada Canada Canada Canada Canada Canada Canada Canada Canada
52% 45% 65% 64% 63% 56% 56% 57% 52%
2 WE WE CA/CI CA/CI Japan WE WE WE WE
13% 28% 8% 10% 10% 13% 12% 15% 24%
3 Japan CA/CI WE WE WE CA/CI CA/CI CA/CI CA/CI
12% 6% 7% 9% 8% 10% 11% 6% 5%
RANKING 2005 2006 2007 2008 2009 2010 2011 2012
1 Canada Canada Canada Canada Canada Canada Canada Canada
42% 51% 63% 69% 57% 69% 68% 68%
2 WE WE WE WE A/PI WE SA A/PI
31% 24% 16% 14% 11% 9% 7% 6%
3 A/PI CA/CI CA/CI CA/CI WE A/PI WE CA/CI
8% 8% 6% 4% 8% 7% 6% 6%
A/PI=Australia/Pacific Islands WE=Western EuropeCA/CI=Central America/Caribbean IslandsSA=South America
TABLE 7.3.2 Share of top import regional trading partners by year in terms of valueRANKING 1996 1997 1998 1999 2000 2001 2002 2003 2004
1 Canada Canada Canada Canada Canada Canada Canada Canada Canada
80% 72% 77% 90% 87% 87% 84% 81% 85%
RANKING 2005 2006 2007 2008 2009 2010 2011 2012
1 Canada Canada Canada Canada Canada Canada Canada Canada
89% 88% 87% 92% 74% 85% 81% 69%
166 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.3.3 Outboard boat imports by length and hull materialImport value of nearly all outboard boats grew in 2012, except small (less than 17') aluminum outboards.
Nearly 9 of 10 outboard boat imports were fiberglass boats 16' or smaller, with an average value of $600.
Outboard boats larger than 16' accounted for nearly 3 of 4 import dollars in 2012; the average value of these craft was $22,000.
SOURCE: USITC
7.3.3a Value of imported outboard boats1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
Aluminum, 16' and smaller $670,536 $1,176,046 $1,007,671 $2,132,223 $3,739,156 $2,581,982 $2,256,469 $3,569,373 $3,694,719 $3,466,859
Aluminum, larger than 16' $4,821,275 $3,349,408 $6,535,288 $7,140,787 $7,491,992 $5,528,800 $10,407,812 $10,761,317 $11,754,572 $12,064,550
Fiberglass, 16' and smaller $275,883 $304,216 $251,233 $541,891 $2,478,825 $1,701,553 $2,171,125 $2,958,758 $2,737,569 $1,847,961
Fiberglass, larger than 16' $3,274,023 $2,670,503 $2,249,135 $4,258,754 $5,002,837 $4,212,853 $4,766,151 $5,752,226 $4,831,173 $5,106,050
Other Outboards $2,279,857 $3,596,268 $3,115,132 $1,192,694 $1,588,869 $2,105,970 $2,197,948 $2,379,402 $2,129,203 $1,142,040
TOTAL $11,321,574 $11,096,441 $13,158,459 $15,266,349 $20,301,679 $16,131,158 $21,799,505 $25,421,076 $25,147,236 $23,627,460
2006 2007 2008 2009 2010 2011 2012 % CHANGE % OF TOTAL
Aluminum, 16' and smaller $3,153,580 $3,584,303 $250,496 $104,016 $389,740 $667,598 $498,408 -25.3% 3.5%
Aluminum, larger than 16' $15,560,942 $13,642,783 $9,762,088 $4,878,156 $4,383,094 $5,301,575 $7,052,611 33.0% 48.9%
Fiberglass, 16' and smaller $2,619,925 $591,514 $3,540,238 $3,054,560 $2,591,751 $1,794,319 $3,184,082 77.5% 22.1%
Fiberglass, larger than 16' $5,511,783 $4,467,701 $1,852,613 $2,283,146 $1,138,632 $2,269,299 $3,386,300 49.2% 23.5%
Other Outboards $1,322,159 $1,109,272 $637,726 $781,819 $272,503 $133,242 $314,864 136.3% 2.2%
TOTAL $28,168,389 $23,395,573 $16,043,161 $11,101,697 $8,775,720 $10,166,033 $14,436,265 42.0%
7.3.3b Number of imported outboard boats1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
Aluminum, 16' and smaller 888 723 884 1,889 3,601 1,965 1,598 1,837 1,617 1,392
Aluminum, larger than 16' 2,086 972 1,434 1,230 2,038 1,368 4,096 2,537 2,297 1,938
Fiberglass, 16' and smaller 420 381 336 793 5,190 4,346 5,006 7,416 7,084 4,408
Fiberglass, larger than 16' 165 172 174 280 279 326 380 424 377 336
Other Outboards 1,279 1,415 927 3,484 333 388 563 110 249 116
TOTAL 4,838 3,663 3,755 7,676 11,441 8,393 11,643 12,324 11,624 8,190
2006 2007 2008 2009 2010 2011 2012 % CHANGE % OF TOTAL
Aluminum, 16' and smaller 1,111 156 88 19 90 129 98 -24.0% 1.5%
Aluminum, larger than 16' 1,562 1,319 443 246 186 304 280 -7.9% 4.4%
Fiberglass, 16' and smaller 7,452 8,359 8,169 7,188 6,023 4,023 5,725 42.3% 89.8%
Fiberglass, larger than 16' 297 208 117 55 31 62 192 209.7% 3.0%
Other Outboards 93 124 42 47 104 30 77 156.7% 1.2%
TOTAL 10,515 10,166 8,859 7,555 6,434 4,548 6,372 40.1% 100.0%
CHART 7.3.3a Value of imported outboard boats for 2012
Other Outboards $314,8642%
Aluminum, ≤ 16' $498,4083%
Aluminum, >16'$7,052,61149%
Fiberglass, >16'$3,386,30024%
Fiberglass, ≤ 16' $3,184,08222%
CHART 7.3.3b Number of imported outboard boats for 2012
Other Outboards771%
Fiberglass, ≤ 16'5,72590%
Fiberglass, >16'1923%
Aluminum, ≤ 16'982%
Aluminum, >16'2804%
167©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.4 Inboard boats: Exports and imports value and volumeInboard boat imports grew by $84 million in 2012 after surging by $101 million the year before, while exports have declined for two consecutive years, (down $87 millionin 2011 and $22 million in 2012), resulting in a trade deficit of $105 million in 2012 for the first time in five years.
The top two destinations for U.S. inboard boat exports remain Canada and Western Europe, respectively; however, their share of exports dropped 8% to a combined 56% in 2012.
Inboard boats exported to Central America and the Caribbean Islands more than tripled in 2012, reaching $55 million, propelling the region to the third most populardestination for inboard boat exports, dropping Australia and the Pacific Islands to fourth.
Western Europe was the primary origination point for inboard boats entering the U.S., followed by Asia.
Imports from Western Europe were up $75 million in 2012, while imports from Asia were up $23 million. Imports from Australia and the Pacific Islands shot up $11 millionin 2012, propelling the region to fourth.
Inboard boats accounted for slightly more than 1 in 4 export dollars and slightly more than 1 in 2 import dollars in 2012.
SOURCE: USITC
TABLE 7.4 Inboard boats1996 1997 1998 1999 2000 2001 2002 2003 2004
TOTAL EXPORTS (MILLIONS) $189.8 $223.0 $213.1 $197.3 $198.3 $152.6 $178.8 $234.7 $338.2
Percent of Total Export Dollar Value 30.3% 32.9% 31.6% 28.2% 29.9% 27.2% 29.8% 31.4% 30.0%
NUMBER OF EXPORTED BOATS 14,284 11,938 10,726 10,975 9,245 8,430 7,304 10,519 9,318
Percent of Total Exported Boats 21.7% 17.3% 15.5% 16.7% 14.6% 15.4% 13.0% 17.8% 12.3%
TOTAL IMPORTS (MILLIONS) $277.8 $311.7 $414.4 $499.3 $524.1 $569.7 $552.9 $652.6 $679.2
Percent of Total Import Dollar Value 27.2% 37.3% 47.4% 50.7% 48.8% 51.2% 47.8% 54.1% 54.5%
NUMBER OF IMPORTED BOATS 4,425 2,477 710 996 2,154 6,402 4,622 6,135 2,412
Percent of Total Imported Boats 2.0% 1.5% 0.4% 0.6% 1.0% 3.1% 2.3% 3.3% 1.2%
TRADE BALANCE (MILLIONS) -$88.0 -$88.7 -$201.3 -$302.0 -$325.9 -$417.0 -$374.2 -$417.9 -$341.0
2005 2006 2007 2008 2009 2010 2011 2012
TOTAL EXPORTS (MILLIONS) $544.6 $508.3 $584.0 $633.3 $493.6 $562.3 $475.6 $453.5
Percent of Total Export Dollar Value 34.6% 29.1% 26.5% 25.7% 34.4% 32.3% 27.3% 25.6%
NUMBER OF EXPORTED BOATS 10,964 10,928 12,913 15,575 10,609 12,267 10,676 6,899
Percent of Total Exported Boats 11.8% 10.3% 9.8% 10.1% 9.6% 10.5% 8.3% 5.3%
TOTAL IMPORTS (MILLIONS) $728.6 $731.8 $759.7 $557.4 $430.0 $373.4 $474.4 $558.9
Percent of Total Import Dollar Value 53.9% 51.4% 51.8% 45.3% 54.5% 49.3% 50.6% 52.6%
NUMBER OF IMPORTED BOATS 1,610 987 779 539 366 291 333 489
Percent of Total Imported Boats 0.9% 0.4% 0.3% 0.2% 0.2% 0.1% 0.1% 0.2%
TRADE BALANCE (MILLIONS) -$184.0 -$223.5 -$175.7 $75.9 $63.6 $188.9 $1.1 -$105.4
Expo
rts/
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
CHART 7.4 Inboard trade balance
$-600
$-400
$-200
$0
$200
$400
$600
$800
TOTAL EXPORTS
TOTAL IMPORTS
TRADE BALANCETrad
e Ba
lanc
e, M
illio
ns o
f U.S
. Dol
lars
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12$-600
$-400
$-200
$0
$200
$400
$600
$800
168 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
TABLE 7.4.1 Share of top export regional trading partners by year in terms of valueRANKING 1996 1997 1998 1999 2000 2001 2002 2003 2004
1 Canada Canada Canada Canada Canada Canada Canada Canada Canada
31% 34% 44% 52% 55% 57% 53% 49% 46%
2 WE WE WE WE WE WE WE WE WE
30% 26% 28% 24% 18% 16% 30% 17% 22%
3 Japan CA/CI CA/CI Japan CA/CI Mexico Japan Mexico Mexico
11% 9% 11% 7% 9% 10% 5% 17% 17%
4 ME/PG Japan Japan A/PI Japan Japan Mexico A/PI A/PI
6% 7% 4% 5% 7% 7% 4% 6% 5%
RANKING 2005 2006 2007 2008 2009 2010 2011 2012
1 Canada Canada Canada Canada Canada Canada Canada CANADA
37% 49% 59% 51% 44% 43% 47% 43%
2 WE WE WE WE WE WE WE WE
27% 28% 20% 18% 20% 19% 18% 13%
3 Mexico A/PI A/PI CA/CI CA/CI A/PI A/PI CA/CI
12% 7% 7% 6% 10% 12% 14% 12%
4 A/PI ME/PG CA/CI A/PI ME/PG ME/PG ME/PG A/PI
10% 4% 5% 6% 8% 7% 6% 12%
A/PI=Australia/Pacific IslandsCA/CI=Central America/Caribbean IslandsME/PG=Middle East/Persian GulfWE=Western Europe
TABLE 7.4.2 Share of top import trading partners by year in terms of valueRANKING 1996 1997 1998 1999 2000 2001 2002 2003 2004
1 WE WE WE WE WE WE WE WE WE
52% 51% 60% 61% 52% 40% 41% 47% 50%
2 Canada Canada Canada Taiwan Taiwan Taiwan Taiwan Canada Taiwan
23% 17% 13% 15% 19% 22% 20% 16% 18%
3 Taiwan Taiwan Taiwan Canada Canada Canada Canada Taiwan Canada
13% 12% 12% 14% 12% 16% 20% 16% 12%
4 SEA A/PI A/PI A/PI A/PI A/PI A/PI A/PI A/PI
5% 10% 5% 3% 5% 8% 7% 8% 7%
RANKING 2005 2006 2007 2008 2009 2010 2011 2012
1 WE WE WE WE WE WE WE WE
51% 41% 46% 31% 40% 52% 57% 62%
2 Taiwan Taiwan Taiwan Taiwan Taiwan Taiwan Taiwan Taiwan
17% 21% 22% 30% 28% 19% 15% 13%
3 Canada China China China China Canada Canada China
8% 11% 10% 16% 16% 9% 11% 10%
4 China Canada A/PI SEA Canada China China A/PI
8% 10% 8% 7% 4% 8% 10% 4%
A/PI=Australia/Pacific IslandsSEA=Southeast AsiaWE=Western Europe
169©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.4.3 Inboard boats: Exports by lengthThe value of inboard boat exports dropped to an eight-year low $454 million in 2012, with the decrease distributed relatively equally among smaller and larger boats.
The average value of smaller craft (less then 27') jumped 58% in 2012, climbing to $41,000 from $26,000 in 2011, suggesting exports in this segment included a mixof greater-valued boats.
Nearly 3 of 4 inboard boats exported were smaller than 26'; these craft accounted for nearly 1 in 2 export dollars.
SOURCE: USITC
Table 7.4.3a Value of exported inboard boats by lengthLENGTH 1996 1997 1998 1999 2000 2001 2002 2003 2004
26’ and smaller $90,981,210 $88,116,466 $78,971,807 $74,803,715 $64,174,763 $57,323,836 $56,435,271 $153,361,708 $98,932,345
Larger than 26’ $98,844,207 $134,859,939 $134,139,210 $122,456,220 $134,082,230 $95,305,125 $122,315,556 $81,306,578 $239,245,573
TOTAL $189,825,417 $222,976,405 $213,111,017 $197,259,935 $198,256,993 $152,628,961 $178,750,827 $234,668,286 $338,177,918
LENGTH 2005 2006 2007 2008 2009 2010 2011 2012
26’ and smaller $144,014,956 $173,077,873 $220,986,630 $244,312,596 $159,134,219 $211,648,168 $210,833,344 $200,358,390
Larger than 26’ $400,536,558 $335,186,186 $363,000,709 $388,942,963 $334,416,658 $350,683,006 $264,735,576 $253,147,829
TOTAL $544,551,514 $508,264,059 $583,987,339 $633,255,559 $493,550,877 $562,331,174 $475,568,920 $453,506,219
Table 7.4.3b Inboard boats: exports by lengthLENGTH 1996 1997 1998 1999 2000 2001 2002 2003 2004
26’ and smaller 11,728 9,807 8,872 9,396 7,023 6,687 5,661 8,666 6,311
Larger than 26’ 2,556 2,131 1,854 1,579 2,222 1,743 1,643 1,853 3,007
TOTAL 14,284 11,938 10,726 10,975 9,245 8,430 7,304 10,519 9,318
LENGTH 2005 2006 2007 2008 2009 2010 2011 2012
26’ and smaller 7,468 7,979 9,971 11,746 7,784 8,866 8,185 4,915
Larger than 26’ 3,496 2,949 2,942 3,829 2,825 3,401 2,491 1,984
TOTAL 10,964 10,928 12,913 15,575 10,609 12,267 10,676 6,899
CHART 7.4.3a Value of exported inboard boatsby length for 2012
Larger than 26' $253,147,829 56%
26' and smaller $200,358,390 44%
CHART 7.4.3b Number of inboard boats exportedby length for 2012
26' and smaller 4,91571%Larger than 26'
1,98429%
170 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.4.4 Inboard boats: Imports by length and typeThe value of inboard boat imports reached a five-year high of $559 million in 2012, primarily reflecting a $65 million increase in cabin cruisers from Western Europewith an average import value of $1.8 million, similar to the market last year (a $66 million increase in cabin cruisers from Western Europe with an average value of $1.7 million). These cruisers accounted for 3 in 5 inboard boats that entered the U.S. in 2012.
SOURCE: USITC
Table 7.4.4a Value of imported inboard boats by length and typeLENGTH AND TYPE 1996 1997 1998 1999 2000 2001 2002 2003 2004
Runabouts 26' and smaller $36,342,877 $24,431,320 $3,730,125 $3,409,939 $6,774,620 $19,492,680 $14,790,519 $19,212,212 $12,274,645
Runabouts larger than 26' $99,456,908 $197,065,593 $297,495,846 $344,696,512 $297,135,319 $288,507,818 $258,923,434 $175,207,764 $126,190,389
Cruisers larger than 26' $142,006,988 $90,184,317 $113,173,098 $151,169,757 $220,213,552 $261,651,328 $279,232,362 $458,146,467 $540,695,777
TOTAL $277,806,773 $311,681,230 $414,399,069 $499,276,208 $524,123,491 $569,651,826 $552,946,315 $652,566,443 $679,160,811
LENGTH AND TYPE 2005 2006 2007 2008 2009 2010 2011 2012
Runabouts 26' and smaller $6,697,671 $2,148,114 $1,865,817 $496,966 $443,494 $497,010 $136,365 $1,299,652
Runabouts larger than 26' $175,509,010 $151,617,861 $177,558,456 $131,389,408 $70,048,232 $29,263,447 $41,862,883 $60,360,438
Cruisers larger than 26' $546,346,609 $578,018,593 $580,297,091 $425,504,678 $359,499,720 $343,622,837 $432,432,933 $497,220,211
TOTAL $728,553,290 $731,784,568 $759,721,364 $557,391,052 $429,991,446 $373,383,294 $474,432,181 $558,880,301
Table 7.4.4b. Number of inboard boats imported by length and typeLENGTH AND TYPE 1996 1997 1998 1999 2000 2001 2002 2003 2004
Runabouts 26' and smaller 4,020 1,881 74 76 1,130 5,409 3,756 5,102 1,461
Runabouts larger than 26' 195 397 387 606 542 512 428 285 316
Cruisers larger than 26' 210 199 249 314 482 481 438 748 635
TOTAL 4,425 2,477 710 996 2,154 6,402 4,622 6,135 2,412
LENGTH AND TYPE 2005 2006 2007 2008 2009 2010 2011 2012
Runabouts 26' and smaller 697 172 32 20 17 10 4 98
Runabouts larger than 26' 314 220 263 156 97 56 74 96
Cruisers larger than 26' 599 595 484 363 252 225 255 295
TOTAL 1,610 987 779 539 366 291 333 489
CHART 7.4.4a Value of imported inboard boatsby length and type for 2012
Runabouts larger than 26'$60,360,43811%Cruisers larger
than 26' $497,220,21189%
CHART 7.4.4b Number of inboard boats importedby length and type for 2012
Runabouts largerthan 26'9620%
Runabouts 26'and smaller9820%
Cruisers largerthan 26'29560%
171©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.5 Sterndrive boats: Exports and imports value and volumeSterndrive boat exports moderated slightly in 2012, down 3% to $299 million from the 3-year high $308 million reached in 2011; corresponding imports dropped14% to $75 million. Consequently, the trade balance recorded a 4-year high surplus of $225 million.
The top export destinations for sterndrive boats have remained the same for the past 3 years, led by Canada, which accounted for more than 1 in 2 export dollarsfollowed by Western Europe, Australia/Pacific Islands, and South America.
The majority of sterndrive boats entering the U.S. again came from Mexico, though share declined from 66% in 2011 to 56% in 2012, usurped by an additional$9 million influx of sterndrive boats from Western Europe, which also pushed Australia and the Pacific Islands to third.
SOURCE: USITC
TABLE 7.5 Sterndrive Boats1996 1997 1998 1999 2000 2001 2002 2003 2004
TOTAL EXPORTS (MILLIONS) $191.3 $199.4 $198.7 $236.3 $198.5 $131.8 $131.4 $194.2 $300.9
Percent of Total Export Dollar value 30.5% 29.4% 29.4% 33.8% 30.0% 23.5% 21.9% 26.0% 26.7%
NUMBER OF EXPORTED BOATS 9,801 10,822 10,147 10,544 9,988 6,672 6,184 8,338 13,642
Percent of Total Exported Boats 14.9% 15.7% 14.7% 16.0% 15.8% 12.2% 11.0% 14.1% 18.0%
TOTAL IMPORTS (MILLIONS) $28.0 $27.1 $65.1 $81.5 $100.9 $77.7 $74.9 $113.3 $126.6
Percent of Total Import Dollar value 2.7% 3.2% 7.4% 8.3% 9.4% 7.0% 6.5% 9.4% 10.1%
NUMBER OF IMPORTED BOATS 606 648 957 1,155 1,267 1,072 2,031 5,430 7,646
Percent of Total Imported Boats 0.3% 0.4% 0.6% 0.6% 0.6% 0.5% 1.0% 2.9% 3.8%
TRADE BALANCE (MILLIONS) $163.3 $172.3 $133.6 $154.8 $97.7 $54.0 $56.5 $80.9 $174.3
2005 2006 2007 2008 2009 2010 2011 2012
TOTAL EXPORTS (MILLIONS) $379.1 $453.5 $573.0 $631.5 $248.6 $286.9 $307.8 $299.4
Percent of Total Export Dollar value 24.1% 26.0% 26.0% 25.6% 17.3% 16.5% 17.7% 16.9%
NUMBER OF EXPORTED BOATS 15,727 16,501 18,853 19,422 8,783 10,074 10,514 11,310
Percent of Total Exported Boats 16.9% 15.6% 14.3% 12.6% 7.9% 8.6% 8.2% 8.7%
TOTAL IMPORTS (MILLIONS) $143.9 $153.9 $162.4 $116.9 $51.2 $90.6 $86.8 $74.6
Percent of Total Import Dollar value 10.7% 10.8% 11.1% 9.5% 6.5% 12.0% 9.3% 7.0%
NUMBER OF IMPORTED BOATS 8,822 10,596 9,192 5,386 1,690 4,349 4,183 3,599
Percent of Total Imported Boats 4.7% 4.8% 4.1% 2.3% 0.8% 1.6% 1.5% 1.2%
TRADE BALANCE (MILLIONS) $235.2 $299.6 $410.6 $514.6 $197.4 $196.3 $221.1 $224.8
CHART 7.5 Sterndrive boat trade balance
Expo
rts/
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
$0
$100
$200
$300
$400
$500
$600
$700
TOTAL EXPORTS
TOTAL IMPORTS
TRADE BALANCETrad
e Ba
lanc
e Su
rplu
s, M
illio
ns o
f U.S
. Dol
lars
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12$0
$100
$200
$300
$400
$500
$600
$700
172 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
TABLE 7.5.1 Share of top export trading partners by year in terms of valueRANKING 1996 1997 1998 1999 2000 2001 2002 2003 2004
1 WE WE WE WE WE Canada Canada Canada WE
51% 42% 47% 53% 44% 38% 43% 43% 40%
2 Canada Canada Canada Canada Canada WE WE WE Canada
22% 27% 29% 29% 37% 32% 29% 35% 37%
3 SA SA ME/PG A/PI CA/CI EE CA/CI SA A/PI
7% 7% 5% 4% 5% 7% 7% 5% 9%
4 A/PI A/PI SA CA/CI Japan Japan A/PI A/PI CA/CI
4% 6% 4% 3% 3% 5% 5% 5% 4%
RANKING 2005 2006 2007 2008 2009 2010 2011 2012
1 WE Canada WE WE WE Canada Canada Canada
41% 41% 38% 38% 34% 41% 40% 54%
2 Canada WE Canada Canada Canada WE WE WE
38% 35% 35% 31% 32% 25% 24% 15%
3 A/PI A/PI A/PI EE A/PI A/PI A/PI A/PI
8% 7% 9% 7% 8% 10% 10% 9%
4 CA/CI ME/PG ME/PG A/PI ME/PG SA SA SA
3% 3% 4% 6% 5% 5% 6% 6%
A/PI=Australia/Pacific IslandsCA/CI=Central America/Caribbean IslandsEE=Eastern EuropeME/PG=Middle East/Persian GulfSA=South AmericaWE=Western Europe
TABLE 7.5.2 Share of top import trading partners by year in terms of valueRANKING 1996 1997 1998 1999 2000 2001 2002 2003 2004
1 Canada Canada Canada Canada Canada Canada Canada Canada Mexico
49% 52% 36% 34% 37% 58% 43% 37% 50%
2 WE Taiwan Taiwan Taiwan WE Taiwan Taiwan Mexico Canada
24% 23% 30% 18% 33% 19% 20% 37% 29%
3 SEA WE SEA WE Taiwan SEA Mexico Taiwan Taiwan
17% 12% 12% 16% 15% 10% 15% 9% 11%
RANKING 2005 2006 2007 2008 2009 2010 2011 2012
1 Mexico Mexico Mexico Mexico Mexico Mexico Mexico Mexico
53% 69% 65% 53% 40% 71% 66% 56%
2 Canada Canada Canada A/PI A/PI A/PI A/PI WE
34% 15% 11% 13% 18% 13% 13% 28%
3 Taiwan China A/PI Canada Canada WE WE A/PI
4% 4% 8% 12% 18% 10% 13% 7%
A/PI=Australia/Pacific IslandsSEA=Southeast AsiaWE=Western Europe
173©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.5.3 Sterndrive boats: Exports by lengthThe value of sterndrive boat exports ebbed 3% overall to a total of $299 million in 2012.
The average value of sterndrive boat exports 21' and smaller in 2011 was $15,800 and the average value of sterndrive boat exports larger than 21' was $40,600,both down slightly (-2% and -3%, respectively) from the prior year.
Slightly more than 1 in 2 sterndrive boat exports were larger than 21' and accounted for nearly 2 in 3 export dollars.
SOURCE: USITC
Table 7.5.3a Value of exported sterndrive boats by lengthLENGTH 1996 1997 1998 1999 2000 2001 2002 2003 2004
21' and smaller $62,500,568 $70,652,201 $66,438,332 $77,437,803 $63,379,917 $42,467,208 $49,291,754 $127,200,326 $113,100,977
Larger than 21' $128,825,943 $128,711,744 $132,236,267 $158,887,726 $135,146,353 $89,288,412 $82,132,797 $67,047,294 $187,790,144
TOTAL $191,326,511 $199,363,945 $198,674,599 $236,325,529 $198,526,270 $131,755,620 $131,424,551 $194,247,620 $300,891,121
LENGTH 2005 2006 2007 2008 2009 2010 2011 2012
21' and smaller $120,259,548 $130,708,385 $145,622,196 $156,309,412 $65,700,969 $79,005,441 $82,582,698 $101,993,722
Larger than 21' $258,797,144 $322,815,479 $427,407,090 $475,195,448 $182,893,503 $207,913,148 $225,249,268 $197,401,569
TOTAL $379,056,692 $453,523,864 $573,029,286 $631,504,860 $248,594,472 $286,918,589 $307,831,966 $299,395,291
Table 7.5.3b Number of sterndrive boats exported by lengthLENGTH 1996 1997 1998 1999 2000 2001 2002 2003 2004
21' and smaller 5,266 5,448 5,015 5,283 4,435 3,087 3,428 4,583 7,752
Larger than 21' 4,535 5,374 5,132 5,261 5,553 3,585 2,756 3,755 5,890
TOTAL 9,801 10,822 10,147 10,544 9,988 6,672 6,184 8,338 13,642
LENGTH 2005 2006 2007 2008 2009 2010 2011 2012
21' and smaller 7,938 7,726 8,754 9,088 4,204 4,873 5,109 6,447
Larger than 21' 7,789 8,775 10,099 10,334 4,579 5,201 5,405 4,863
TOTAL 15,727 16,501 18,853 19,422 8,783 10,074 10,514 11,310
CHART 7.5.3a Value of exported sterndrive boatsby length for 2012
21' and smaller $101,993,72234%
Larger than 21' $197,401,56966%
CHART 7.5.3b Number of sterndrive boats exportedby length for 2012
21' and smaller 4,86343%
Larger than 21'6,44757%
174 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.5.4 Sterndrive boats: Imports by length and typeSterndrive boat imports fell 14% in 2012, with an $8 million increase in imports of bigger (larger than 21') cruisers offset primarily by a $16 million decline in imports ofsmaller (less than 22') runabouts (with an average import value of $12,000) from Mexico. Smaller (less than 22') sterndrive boats comprised 95% of the market in termsof volume and accounted for nearly 3 in 5 import dollars.
SOURCE: USITC
Table 7.5.4a Value of imported sterndrive boats by length and typeLENGTH AND TYPE 1996 1997 1998 1999 2000 2001 2002 2003 2004
Runabouts 21' and smaller $2,976,995 $3,484,639 $5,671,943 $5,173,909 $6,506,986 $4,115,955 $15,509,842 $45,613,992 $66,570,428
Runabouts larger than 21' $9,112,724 $8,152,299 $16,821,787 $22,719,537 $23,632,081 $28,761,922 $15,815,067 $11,515,705 $10,927,217
Cruisers larger than 21' $15,955,068 $15,414,139 $42,599,352 $53,653,361 $70,725,339 $44,828,068 $43,591,944 $56,181,098 $49,070,410
TOTAL $28,044,787 $27,051,077 $65,093,082 $81,546,807 $100,864,406 $77,705,945 $74,916,853 $113,310,795 $126,568,055
LENGTH AND TYPE 2005 2006 2007 2008 2009 2010 2011 2012
Runabouts 21' and smaller $80,684,815 $108,688,810 $109,159,329 $65,215,796 $21,049,321 $65,348,826 $58,000,077 $42,414,381
Runabouts larger than 21' $18,784,920 $37,847,014 $41,060,200 $12,128,215 $13,408,891 $10,833,589 $12,355,241 $7,492,043
Cruisers larger than 21 $44,424,311 $7,391,703 $12,226,481 $39,577,012 $16,698,219 $14,456,182 $16,403,779 $24,652,202
TOTAL $143,894,046 $153,927,527 $162,446,010 $116,921,023 $51,156,431 $90,638,597 $86,759,097 $74,558,626
Table 7.5.4b. Number of sterndrive boats imported by length and typeLENGTH AND TYPE 1996 1997 1998 1999 2000 2001 2002 2003 2004
Runabouts 21' and smaller 248 262 300 309 383 310 1,496 4,836 7,077
Runabouts larger than 21' 222 201 372 518 501 443 261 319 297
Cruisers larger than 21 136 185 285 328 383 319 274 275 272
TOTAL 606 648 957 1,155 1,267 1,072 2,031 5,430 7,646
LENGTH AND TYPE 2005 2006 2007 2008 2009 2010 2011 2012
Runabouts 21' and smaller 8,353 10,237 8,851 5,205 1,578 4,289 4,099 3,421
Runabouts larger than 21' 254 180 206 108 72 33 38 115
Cruisers larger than 21 215 179 135 73 40 27 46 63
TOTAL 8,822 10,596 9,192 5,386 1,690 4,349 4,183 3,599
CHART 7.5.4a Value of imported inboard boatsby length and type for 2012
Runabouts larger than 21' $7,492,04310%
Runabouts 21'and smaller$42,414,38157%
Cruisers larger than 21' $24,652,20233%
CHART 7.5.4b Number of sterndrive boats importedby length and type for 2012
Cruisers larger than 21'632%
Runabouts 21'and smaller 3,42195%
Runabouts larger than 21'1153%
175©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.6 Sailboats: Exports and imports value and volumeThe trade deficit in sailboats deepened in 2012 as imports grew (up 9%) and exports waned (down 32%) for the second consecutive year.
Top export destinations of U.S. sailboats were unchanged, led by Canada which received a greater share of sailboat exports in 2012 (40% compared to 33% the prior year),usurping share from Western Europe, which accounted for 18% of 2012 exports, down from 24% in 2011.
A majority of sailboats imported into the U.S. again originated in Western Europe, although its market share fell to 58% from 74% in 2011, representing a $10 milliondecrease in total imports. Meanwhile, imports from Africa increased by $7 million, boosting its share of imports to 15%, from 10% in 2011. Sailboat imports fromAustraliaand the Pacific Islands also increased by $6 million in 2012, propelling this region to third.
SOURCE: USITC
TABLE 7.6 Sailboats1996 1997 1998 1999 2000 2001 2002 2003 2004
TOTAL EXPORTS (MILLIONS) $79.5 $57.4 $60.4 $47.4 $42.3 $55.1 $36.5 $38.5 $59.2
Percent of Total Export Dollar Value 12.7% 8.5% 8.9% 6.8% 6.4% 9.8% 6.1% 5.1% 5.3%
NUMBER OF EXPORTED BOATS 4,077 4,611 3,984 2,613 1,708 2,047 2,323 2,357 2,781
Percent of Total Exported Boats 6.2% 6.7% 5.8% 4.0% 2.7% 3.7% 4.1% 4.0% 3.7%
TOTAL IMPORTS (MILLIONS) $79.4 $68.0 $85.6 $115.1 $124.5 $132.4 $121.5 $138.1 $114.3
Percent of Total Import Dollar Value 7.8% 8.1% 9.8% 11.7% 11.6% 11.9% 10.5% 11.4% 9.2%
NUMBER OF IMPORTED BOATS 639 1,153 883 975 2,731 1,252 1,669 1,557 1,558
Percent of Total Imported Boats 0.3% 0.7% 0.5% 0.5% 1.3% 0.6% 0.8% 0.8% 0.8%
TRADE BALANCE (MILLIONS) $0.1 -$10.6 -$25.2 -$67.6 -$82.2 -$77.3 -$85.0 -$99.6 -$55.1
2005 2006 2007 2008 2009 2010 2011 2012
TOTAL EXPORTS (MILLIONS) $89.6 $95.8 $110.7 $132.8 $80.6 $94.8 $93.7 $63.8
Percent of Total Export Dollar Value 5.7% 5.5% 5.0% 5.4% 5.6% 5.4% 5.4% 3.6%
NUMBER OF EXPORTED BOATS 3,216 3,351 3,742 4,573 2,962 3,586 3,244 2,398
Percent of Total Exported Boats 3.5% 3.2% 2.8% 3.0% 2.7% 3.1% 2.5% 1.8%
TOTAL IMPORTS (MILLIONS) $113.6 $120.0 $122.0 $118.9 $69.1 $89.8 $99.9 $109.1
Percent of Total Import Dollar Value 8.4% 8.4% 8.3% 9.7% 8.8% 11.9% 10.7% 10.3%
NUMBER OF IMPORTED BOATS 2,093 1,772 1,851 1,572 1,335 1,359 1,491 1,383
Percent of Total Imported Boats 1.1% 0.8% 0.8% 0.7% 0.6% 0.5% 0.5% 0.5%
TRADE BALANCE (MILLIONS) -$24.1 -$24.2 -$11.3 $13.9 $11.5 $5.0 -$6.2 -$45.4
CHART 7.6 Sailboat trade balance
Expo
rts/
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
$-100
$-50
$0
$50
$100
$150
TOTAL EXPORTS
TOTAL IMPORTS
TRADE BALANCETrad
e Ba
lanc
e, M
illio
ns o
f U.S
. Dol
lars
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12$-100
$-50
$0
$50
$100
$150
176 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
TABLE 7.6.1 Share of top export regional trading partners by year in terms of valueRANKING 1996 1997 1998 1999 2000 2001 2002 2003 2004
1 WE WE WE WE Canada Canada Canada Canada Canada
51% 45% 42% 29% 31% 26% 50% 55% 44%
2 Canada Canada Canada Canada WE CA/CI WE WE WE
11% 18% 23% 25% 31% 21% 19% 21% 20%
3 CA/CI CA/CI CA/CI A/PI A/PI WE CA/CI CA/CI A/PI
9% 9% 14% 19% 11% 20% 12% 10% 10%
4 Japan A/PI A/PI CA/CI CA/CI ME/PG A/PI A/PI CA/CI
8% 8% 8% 11% 10% 20% 7% 4% 10%
RANKING 2005 2006 2007 2008 2009 2010 2011 2012
1 Canada Canada Canada WE WE WE Canada Canada
36% 43% 34% 34% 32% 28% 33% 40%
2 WE WE WE Canada Canada Canada WE WE
29% 29% 32% 30% 26% 27% 24% 18%
3 A/PI A/PI A/PI A/PI SA A/PI A/PI A/PI
9% 11% 10% 10% 8% 11% 15% 10%
4 CA/CI CA/CI CA/CI CA/CI A/PI CA/CI SA SA
9% 5% 7% 6% 8% 10% 9% 7%
A/PI=Australia/Pacific IslandsCA/CI=Central America/Caribbean IslandsMI/PG=Middle East/Persian GulfSA=South AmericaWE=Western Europe
TABLE 7.6.2 Share of top import trading partners by year in terms of valueRANKING 1996 1997 1998 1999 2000 2001 2002 2003 2004
1 WE WE WE WE WE WE WE WE WE
55% 71% 77% 69% 65% 67% 59% 69% 63%
2 A/PI Canada Canada Canada A/PI Taiwan A/PI Canada Canada
16% 14% 14% 12% 10% 11% 12% 9% 16%
3 Canada Taiwan Taiwan Taiwan Canada Canada Canada A/PI A/PI
14% 6% 4% 8% 10% 10% 10% 8% 6%
4 Taiwan A/PI A/PI A/PI Taiwan A/PI Taiwan Africa Taiwan
8% 5% 3% 8% 8% 6% 9% 6% 5%
RANKING 2005 2006 2007 2008 2009 2010 2011 2012
1 WE WE WE WE WE WE WE WE
67% 61% 59% 62% 59% 62% 74% 58%
2 Canada Canada A/PI A/PI Africa Africa Africa Africa
8% 10% 9% 14% 11% 17% 10% 15%
3 Taiwan Africa Taiwan Africa Taiwan A/PI Taiwan A/PI
7% 7% 8% 6% 9% 8% 5% 8%
4 A/PI Taiwan Canada Taiwan A/PI Canada China China
7% 7% 8% 6% 8% 4% 4% 5%
A/PI=Australia/Pacific IslandsWE=Western Europe
177©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.6.3 Sailboats: Exports by lengthThe value of sailboat exports fell to an 8-year low $64 million in 2012 with declines across all categories, led by large sailboats (30' and larger) which were down $13 million, followed by sailboats between 13' and 21' (down $5 million). Large sailboats with motors had an average value of $106,000 and accounted for more than 1 in 2 export dollars in 2012 while small (smaller than 21') sailboats without motors and an average value of $7,000 accounted for more than 3 in 5 sailboats exported.
SOURCE: USITC
Table 7.6.3a Sailboat exports value by lengthLENGTH AND TYPE 1996 1997 1998 1999 2000 2001 2002 2003
With auxiliary motor, smaller than 30' $20,499,509 $14,329,841 $15,325,336 $8,471,294 $8,909,811 $4,558,609 $4,545,401 $5,346,463
With auxiliary motor, 30' and larger $17,975,939 $19,754,064 $26,102,886 $19,841,039 $14,476,915 $14,096,142 $16,343,890 $17,277,604
Without auxiliary motor, 13' and smaller $2,331,780 $2,122,355 $2,762,061 $1,477,899 $1,368,000 $3,362,078 $2,231,847 $3,332,983
Without auxiliary motor, over 13' to 21' $21,001,266 $5,996,664 $6,608,099 $5,953,931 $5,659,311 $3,679,313 $2,537,961 $3,063,435
Without auxiliary motor, over 21' to 30' $4,030,360 $3,074,118 $3,452,993 $3,080,979 $4,207,504 $7,000,094 $2,885,468 $3,376,257
Without auxiliary motor, larger than 30' $13,645,913 $12,127,513 $6,129,645 $8,587,843 $7,718,102 $22,408,921 $7,921,319 $6,062,077
TOTAL $79,484,767 $57,404,555 $60,381,020 $47,412,985 $42,339,643 $55,105,157 $36,465,886 $38,458,819
LENGTH AND TYPE 2004 2005 2006 2007 2008 2009 2010 2011
With auxiliary motor, smaller than 30' $8,050,625 $16,837,341 $17,970,920 $18,695,647 $23,781,344 $11,765,455 $14,044,203 $10,248,326
With auxiliary motor, 30' and larger $26,240,490 $41,114,187 $51,609,489 $56,469,337 $63,799,702 $34,274,924 $48,202,535 $49,188,381
Without auxiliary motor, 13' and under $3,627,380 $3,531,024 $3,677,621 $4,764,855 $5,531,739 $4,954,834 $5,834,573 $5,760,150
Without auxiliary motor, over 13' to 21' $4,616,027 $6,446,377 $6,482,743 $7,939,451 $8,491,729 $5,786,861 $12,330,362 $10,803,073
Without auxiliary motor, over 21' to 30' $5,964,232 $7,833,337 $4,616,349 $7,599,158 $11,884,708 $6,201,129 $6,831,306 $6,870,360
Without auxiliary motor, larger than 30' $10,694,781 $13,823,955 $11,479,057 $15,268,595 $19,331,530 $17,628,756 $7,512,114 $10,858,940
TOTAL $59,193,535 $89,586,221 $95,836,179 $110,737,043 $132,820,752 $80,611,959 $94,755,093 $93,729,23
LENGTH AND TYPE 2012
With auxiliary motor, smaller than 30' $8,148,081
With auxiliary motor, 30' and larger $35,737,488
Without auxiliary motor, 13' and under $5,090,385
Without auxiliary motor, over 13' to 21' $5,511,196
Without auxiliary motor, over 21' to 30' $3,090,374
Without auxiliary motor, larger than 30' $6,193,101
TOTAL $63,770,625
Table 7.6.3b Number of sailboats exported by lengthLENGTH AND TYPE 1996 1997 1998 1999 2000 2001 2002 2003 2004
With auxiliary motor, smaller than 30' 1,370 2,944 2,252 1,272 460 319 402 445 480
With auxiliary motor, 30' and larger 253 269 281 210 187 176 205 211 357
Without auxiliary motor, 13' and smaller 676 443 588 438 374 728 1,005 933 975
Without auxiliary motor, larger than 13'–21'1,366 551 553 431 362 565 526 431 554
Without auxiliary motor, larger than 21'–30' 177 190 208 153 224 165 103 224 266
Without auxiliary motor, larger than 30' 235 214 102 109 101 94 82 113 149
TOTAL 4,077 4,611 3,984 2,613 1,708 2,047 2,323 2,357 2,781
LENGTH AND TYPE 2005 2006 2007 2008 2009 2010 2011 2012
With auxiliary motor, smaller than 30' 787 809 860 1,105 544 636 483 391
With auxiliary motor, 30' and larger 531 499 666 787 375 521 500 337
Without auxiliary motor, 13' and smaller 862 933 997 1,119 1,017 935 894 838
Without auxiliary motor, larger than 13'–21' 637 761 803 882 657 1,197 1,016 635
Without auxiliary motor, larger than 21'–30' 245 207 296 465 229 222 272 128
Without auxiliary motor, larger than 30' 154 142 120 215 140 75 79 69
TOTAL 3,216 3,351 3,742 4,573 2,962 3,586 3,244 2,398
178 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
CHART 7.6.3a Value of exported sailboatsby length for 2012
Without auxiliary motor, over 13' to 21' $5,511,1968%
With auxiliary motor,30' and larger $35,737,48856%
Without auxiliary motor, over 21' to 30' $3,090,3745%
Without auxiliary motor,larger than 30' $6,193,10110%
Without auxiliary motor, 13' and smaller $5,090,3858%
With auxiliary motor,smaller than 30' $8,148,08113%
CHART 7.6.3b Number of sailboats exportedby length for 2012
Without auxiliary motor, 13' and smaller83835%
With auxiliary motor,smaller than 30' 39116%
Without auxiliary motor, over 13' to 21'63527%
Without auxiliary motor,larger than 30' 693%
Without auxiliary motor, over 21' to 30'1285%
With auxiliary motor,30' and larger33714%
179©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.6.4 Sailboats: Imports by lengthThe value of sailboat imports increased $9 million in 2012, primarily reflecting an $8 million gain in imports from Africa of sailboats 30' and larger with auxiliary motorsand an average value of $564,000. Sailboats in this segment accounted for nearly 9 of 10 import dollars.
SOURCE: USITC
Table 7.6.4a Value of imported sailboats by length LENGTH AND TYPE 1996 1997 1998 1999 2000 2001 2002 2003
With auxiliary motor, smaller than 30' $2,163,755 $1,400,899 $1,504,064 $921,407 $1,010,797 $1,126,262 $1,770,713 $1,158,732
With auxiliary motor, 30' and larger $65,564,477 $48,615,500 $68,722,602 $94,245,236 $102,812,853 $102,646,300 $96,810,098 $113,347,150
Without auxiliary motor, 13' and smaller $83,190 $801,809 $140,333 $535,708 $359,570 $339,717 $569,642 $441,901
Without auxiliary motor, larger than13' to 21' $738,575 $657,225 $804,024 $1,178,903 $1,539,044 $1,655,803 $2,198,955 $1,210,528
Without auxiliary motor, larger than 21' to 30' $1,223,550 $1,525,003 $1,222,563 $1,384,024 $2,346,631 $5,946,956 $4,039,553 $6,175,773
Without auxiliary motor, larger than 30' $9,604,452 $15,004,843 $13,186,076 $16,791,577 $16,468,592 $20,644,530 $16,092,506 $15,773,912
TOTAL $79,377,999 $68,005,279 $85,579,662 $115,056,855 $124,537,487 $132,359,568 $121,481,467 $138,107,996
LENGTH AND TYPE 2004 2005 2006 2007 2008 2009 2010 2011
With auxiliary motor, smaller than 30' $5,182,330 $1,502,211 $2,297,375 $1,696,278 $2,501,733 $1,341,405 $804,343 $695,749
With auxiliary motor, 30' and larger $92,093,152 $83,565,717 $92,798,957 $79,497,235 $84,943,692 $50,933,565 $67,958,406 $86,652,851
Without auxiliary motor, 13’ and smaller $417,424 $1,020,240 $1,259,336 $1,073,810 $1,870,221 $1,102,699 $888,066 $743,219
Without auxiliary motor, larger than 13' to 21' $1,289,577 $1,777,496 $2,488,311 $2,277,452 $1,269,799 $2,188,534 $2,014,576 $2,584,619
Without auxiliary motor, larger than 21' to 30' $2,656,071 $2,784,865 $4,475,822 $6,538,727 $4,795,018 $2,237,872 $1,557,246 $1,479,320
Without auxiliary motor, larger than 30' $12,622,626 $22,986,120 $16,723,342 $30,964,334 $23,499,668 $11,293,231 $16,574,986 $7,728,542
TOTAL $114,261,180 $113,636,649 $120,043,143 $122,047,836 $118,880,131 $69,097,306 $89,797,623 $99,884,300
LENGTH AND TYPE 2012
With auxiliary motor, smaller than 30' $1,231,685
With auxiliary motor, 30' and larger $96,624,968
Without auxiliary motor, 13’ and smaller $992,170
Without auxiliary motor, larger than 13' to 21 $2,126,079
Without auxiliary motor, larger than 21' to 30' $1,749,505
Without auxiliary motor, larger than 30' $6,408,256
TOTAL $109,132,663
Table 7.6.4b. Number of sailboats imported by length LENGTH AND TYPE 1996 1997 1998 1999 2000 2001 2002 2003 2004
With auxiliary motor, smaller than 30' 46 24 34 43 75 77 71 52 86
With auxiliary motor, 30' and larger 224 736 372 443 539 510 432 380 392
Without auxiliary motor, 13' and smaller 82 62 84 91 168 122 394 467 580
Without auxiliary motor, larger than 13' to 21' 148 165 225 236 311 297 501 301 230
Without auxiliary motor, larger than 21' to 30' 60 57 75 86 106 118 94 208 196
Without auxiliary motor, larger than 30' 79 109 93 76 1,532 128 177 149 74
TOTAL 639 1,153 883 975 2,731 1,252 1,669 1,557 1,558
LENGTH AND TYPE 2005 2006 2007 2008 2009 2010 2011 2012
With auxiliary motor, smaller than 30’ 78 60 94 164 88 36 27 59
With auxiliary motor, 30’ and larger 401 422 351 264 147 176 289 268
Without auxiliary motor, 13' and smaller 967 735 715 725 624 524 419 409
Without auxiliary motor, larger than 13' to 21' 302 330 288 183 260 265 311 468
Without auxiliary motor, larger than 21' to 30' 182 94 194 108 74 57 259 64
Without auxiliary motor, larger than 30' 163 131 209 128 142 301 186 115
TOTAL 2,093 1,772 1,851 1,572 1,335 1,359 1,491 1,383
180 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
CHART 7.6.4a Value of imported sailboatsby length for 2012
Without auxiliary motor,13' and smaller$992,1701%
With auxiliary motor, smaller than 30'$1,231,6851%
With auxiliary motor,30' and larger$96,624,96889%
Without auxiliary motor,larger than 30'$6,408,2566%
Without auxiliary motor,over 21' to 30'$1,749,5052%
Without auxiliary motor,over 13' to 21'$2,126,0792%
CHART 7.6.4b Number of sailboats importedby length for 2012
With auxiliary motor, smaller than 30'594%
With auxiliary motor,30' and larger26819%
Without auxiliary motor,over 13' to 21'46834%
Without auxiliary motor,over 21' to 30'645%
Without auxiliary motor,larger than 30'1158%
Without auxiliary motor,13' and smaller40930%
181©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.7 Inflatable boats: Exports and imports value and volumeThe trade deficit for inflatable boats deepened to a 4-year high $20 million in 2012, as exports fell to an 8-year low $10 million and imports grew 16% to $30 million.
Imports from Western Europe grew $1 million in 2012, making it the leading trading partner and pushing China to second. Canada rounded out the top three, accountingfor 18% of import dollars.
SOURCE: USITC
TABLE 7.7 Inflatable boats1996 1997 1998 1999 2000 2001 2002 2003 2004
TOTAL EXPORTS (MILLIONS) $6.2 $5.8 $11.4 $9.6 $10.8 $9.2 $7.8 $8.2 $8.8
Percent of Total Export Dollar Value 1.0% 0.9% 1.7% 1.4% 1.6% 1.6% 1.3% 1.1% 0.8%
NUMBER OF EXPORTED BOATS 8,818 6,154 9,247 7,660 11,187 8,914 7,536 6,912 7,504
Percent of Total Exported Boats 13.4% 8.9% 13.4% 11.6% 17.7% 16.3% 13.4% 11.7% 9.9%
TOTAL IMPORTS (MILLIONS) $23.9 $21.4 $23.5 $23.9 $33.2 $26.2 $24.7 $27.7 $31.2
Percent of Total Import Dollar Value 2.3% 2.6% 2.7% 2.4% 3.1% 2.3% 2.1% 2.3% 2.5%
NUMBER OF IMPORTED BOATS 20,319 17,507 19,608 20,594 25,873 19,127 17,037 19,686 22,183
Percent of Total Imported Boats 9.2% 10.4% 12.2% 11.5% 12.3% 9.4% 8.4% 10.5% 11.1%
TRADE BALANCE (MILLIONS) -$17.7 -$15.6 -$12.1 -$14.3 -$22.5 -$17.0 -$16.9 -$19.5 -$22.4
2005 2006 2007 2008 2009 2010 2011 2012
TOTAL EXPORTS (MILLIONS) $9.8 $18.7 $12.4 $19.5 $11.4 $11.0 $12.0 $9.7
Percent of Total Export Dollar Value 0.6% 1.1% 0.6% 0.8% 0.8% 0.6% 0.7% 0.5%
NUMBER OF EXPORTED BOATS 6,423 6,289 6,008 8,291 6,304 4,283 5,235 4,695
Percent of Total Exported Boats 6.9% 5.9% 4.6% 5.4% 5.7% 3.7% 4.1% 3.6%
TOTAL IMPORTS (MILLIONS) $34.1 $28.3 $32.7 $42.7 $26.1 $26.2 $25.4 $29.5
Percent of Total Import Dollar Value 2.5% 2.0% 2.2% 3.5% 3.3% 3.5% 2.7% 2.8%
NUMBER OF IMPORTED BOATS 22,374 20,586 22,665 27,238 15,574 13,334 15,139 13,417
Percent of Total Imported Boats 11.9% 9.3% 10.0% 11.9% 7.0% 5.0% 5.4% 4.5%
TRADE BALANCE (MILLIONS) -$24.3 -$9.5 -$20.3 -$23.2 -$14.8 -$15.3 -$13.4 -$19.8
CHART 7.7 Inflatable trade balance
Expo
rts/
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
$-50
$-40
$-30
$-20
$-10
$0
$10
$20
$30
$40
$50
TOTAL EXPORTS
TOTAL IMPORTS
TRADE BALANCETrad
e Ba
lanc
e De
ficit,
Mill
ions
of U
.S. D
olla
rs
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12$-50
$-40
$-30
$-20
$-10
$0
$10
$20
$30
$40
$50
182 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
TABLE 7.7.1 Share of top export regional trading partners by year in terms of valueRANKING 1996 1997 1998 1999 2000 2001 2002 2003 2004
1 WE WE WE WE WE WE WE WE WE
34% 49% 41% 55% 61% 56% 61% 55% 54%
2 A/PI Canada SA Canada Canada A/PI Canada Canada Canada
10% 10% 20% 10% 7% 12% 12% 14% 11%
3 Japan Mexico A/PI A/PI Mexico Canada A/PI CA/CI A/PI
9% 7% 8% 6% 6% 10% 8% 6% 7%
4 SA CA/CI CA/CI ME/PG CA/CI Mexico CA/CI A/PI SA
7% 5% 7% 6% 6% 5% 4% 5% 6%
RANKING 2005 2006 2007 2008 2009 2010 2011 2012
1 WE Africa WE WE WE WE Canada Canada
43% 30% 34% 39% 24% 19% 21% 25%
2 Canada WE Canada CA/CI Canada Canada WE WE
12% 23% 10% 13% 18% 19% 17% 21%
3 A/PI A/PI A/PI Canada CA/CI CA/CI A/PI CA/CI
12% 21% 10% 10% 14% 16% 14% 17%
4 CA/CI CA/CI CA/CI SA A/PI SA CA/CI SA
8% 8% 6% 9% 14% 15% 13% 8%
A/PI=Australia/Pacific IslandsCA/CI=Central America/Caribbean IslandsME/PG=Middle East/Persian GulfSA=South AmericaWE=Western Europe
TABLE 7.7.2 Share of top import trading partners by year in terms of valueRANKING 1996 1997 1998 1999 2000 2001 2002 2003 2004
1 WE WE WE WE WE WE WE WE WE
65% 63% 66% 67% 70% 69% 65% 62% 60%
2 Canada Korea SA SA SA SA SA SA SA
7% 12% 10% 13% 8% 9% 10% 13% 14%
3 SA SA Japan Korea Japan Japan Japan Japan A/PI
7% 8% 6% 5% 7% 7% 6% 6% 6%
RANKING 2005 2006 2007 2008 2009 2010 2011 2012
1 WE WE WE WE WE WE China WE
56% 47% 58% 47% 46% 29% 27% 25%
2 SA SA SA China Mexico Canada WE China
14% 15% 15% 15% 14% 20% 24% 21%
3 China China China Mexico China China A/PI Canada
6% 8% 7% 11% 12% 14% 12% 18%
A/PI=Australia/Pacific IslandsSA=South AmericaWE=Western Europe
183©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.7.3 Inflatable boats: Imports with a landed value greater than $500The total number of inflatable boats imported in 2012 declined 11% from 2011 levels, while dollars increased 16%.
The average value of imported inflatable boats increased 31% to $2,200.
Nearly 3 in 4 inflatable boats imported had rigid hulls; these craft had an average value of $1,500.
SOURCE: USITC
Table 7.7.3a Value of imported inflatables with a landed value greater than $500.1996 1997 1998 1999 2000 2001 2002 2003 2004
RIBs $2,596,134 $2,894,133 $4,886,362 $6,825,178 $12,879,499 $10,279,074 $9,036,729 $8,953,734 $13,089,752
All others $21,290,975 $18,473,126 $18,653,067 $17,031,945 $20,358,238 $15,878,978 $15,657,142 $18,753,505 $18,064,770
TOTAL $23,887,109 $21,367,259 $23,539,429 $23,857,123 $33,237,737 $26,158,052 $24,693,871 $27,707,239 $31,154,522
2005 2006 2007 2008 2009 2010 2011 2012
RIBs $13,806,202 $17,154,352 $20,364,430 $29,726,094 $17,309,456 $11,459,916 $11,110,010 $14,321,196
All others $20,298,426 $11,136,395 $12,366,109 $12,986,426 $8,802,424 $14,774,662 $14,251,675 $15,212,556
TOTAL $34,104,628 $28,290,747 $32,730,539 $42,712,520 $26,111,880 $26,234,578 $25,361,685 $29,533,752
Table 7.7.3b. Number of imported inflatables with a landed value greater than $5001996 1997 1998 1999 2000 2001 2002 2003 2004
RIBs 1,682 1,458 2,673 3,535 6,307 5,574 5,561 5,505 9,620
All others 18,637 16,049 16,935 17,059 19,566 13,553 11,476 14,181 12,563
TOTAL 20,319 17,507 19,608 20,594 25,873 19,127 17,037 19,686 22,183
2005 2006 2007 2008 2009 2010 2011 2012
RIBs 11,832 14,687 16,410 20,913 10,433 9,410 9,553 9,621
All others 10,542 5,899 6,255 6,325 5,141 3,924 5,586 3,796
TOTAL 22,374 20,586 22,665 27,238 15,574 13,334 15,139 13,417
CHART 7.7.3a Value of inflatables with a landed valuegreater than $500 for 2012
RIBs$14,321,19648%
All others$15,212,55652%
CHART 7.7.3b Number of inflatables with a landed valuegreater than $500 for 2012
All others3,79628%
RIBs9,62172%
184 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.8 Rowboats/canoes: Exports and imports value and volumeBoth exports and imports of rowboats/canoes edged up (0.3% and 3%, respectively) in 2012. Correspondingly, the trade deficit in the rowboat/canoe market deepenedslightly to $37 million in 2012.
Australia and Western Europe swapped the number 1 and 2 spots as export destinations for rowboats and canoes, while imports were unchanged from 2011.Canada remained the top importer (70%) of canoes and rowboats into the U.S.
SOURCE: USITC
TABLE 7.8 Rowboats/canoes1996 1997 1998 1999 2000 2001 2002 2003 2004
TOTAL EXPORTS (MILLIONS) $12.1 $10.7 $9.0 $9.6 $8.8 $8.9 $9.0 $9.7 $9.6
Percent of Total Export Dollar Value 1.9% 1.6% 1.3% 1.4% 1.3% 1.6% 1.5% 1.3% 0.8%
NUMBER OF EXPORTED BOATS 4,906 3,099 2,101 2,080 2,071 3,285 3,671 3,207 4,119
Percent of Total Exported Boats 7.5% 4.5% 3.0% 3.2% 3.3% 6.0% 6.6% 5.4% 5.4%
TOTAL IMPORTS (MILLIONS) $11.2 $13.5 $19.4 $22.6 $27.8 $29.1 $29.2 $31.8 $30.3
Percent of Total Import Dollar Value 1.1% 1.6% 2.2% 2.3% 2.6% 2.6% 2.5% 2.6% 2.4%
NUMBER OF IMPORTED BOATS 23,257 26,773 45,495 57,525 72,271 75,281 72,652 71,244 84,296
Percent of Total Imported Boats 10.5% 15.9% 28.2% 32.2% 34.2% 37.0% 35.9% 37.8% 42%
TRADE BALANCE (MILLIONS) $0.9 -$2.8 -$10.4 -$13.0 -$19.0 -$20.2 -$20.2 -$22.1 -$20.7
2005 2006 2007 2008 2009 2010 2011 2012
TOTAL EXPORTS (MILLIONS) $10.9 $15.5 $19.3 $23.5 $21.0 $24.1 $24.7 $24.8
Percent of Total Export Dollar Value 0.7% 0.9% 0.9% 1.0% 1.5% 1.4% 1.4% 1.4%
NUMBER OF EXPORTED BOATS 4,207 19,346 32,072 37,515 32,979 34,130 38,875 35,222
Percent of Total Exported Boats 4.5% 18.3% 24.3% 24.4% 29.8% 29.3% 30.2% 27.0%
TOTAL IMPORTS (MILLIONS) $28.8 $32.7 $42.6 $43.9 $45.3 $56.8 $60.0 $61.8
Percent of Total Import Dollar Value 2.1% 2.3% 2.9% 3.6% 5.7% 7.5% 6.4% 5.8%
NUMBER OF IMPORTED BOATS 69,492 90,934 109,551 119,500 164,596 212,479 218,103 239,200
Percent of Total Imported Boats 37.0% 41.3% 48.5% 52.0% 73.9% 80.1% 77.9% 79.5%
TRADE BALANCE (MILLIONS) -$17.9 -$17.3 -$23.3 -$20.4 -$24.3 -$32.7 -$35.2 -$36.9
Expo
rts/
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
CHART 7.8 Rowboat/canoe trade balance
$-50
$-25
$0
$25
$50
$75
$100
TOTAL EXPORTS
TOTAL IMPORTS
TRADE BALANCETrad
e Ba
lanc
e De
ficit,
Mill
ions
of U
.S. D
olla
rs
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12$-50
$-25
$0
$25
$50
$75
$100
185©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
TABLE 7.8.1 Share of top export regional trading partners by year in terms of valueRANKING 1996 1997 1998 1999 2000 2001 2002 2003 2004
1 Japan WE WE WE WE WE WE WE WE
31% 29% 47% 40% 30% 36% 35% 34% 51%
2 WE Japan Japan Canada Japan Canada Japan CA/CI Canada
30% 26% 19% 19% 24% 20% 18% 24% 20%
3 Canada Canada Canada Japan Canada Japan CA/CI Canada Japan
18% 19% 15% 19% 24% 15% 15% 17% 12%
RANKING 2005 2006 2007 2008 2009 2010 2011 2012
1 WE WE WE WE WE WE WE A/P
44% 45% 50% 43% 40% 37% 39% 35%
2 Canada Canada A/PI A/PI A/PI A/PI A/PI WE
24% 19% 17% 19% 27% 29% 30% 31%
3 A/PI A/PI Canada Canada Canada Canada Canada Canada
9% 16% 12% 15% 10% 9% 8% 9%
A/PI=Australia/Pacific IslandsCA/CI=Central America/Caribbean IslandsWE=Western Europe
TABLE 7.8.2 Share of top import trading partners by year in terms of valueRANKING 1996 1997 1998 1999 2000 2001 2002 2003 2004
1 Canada Canada Canada Canada Canada Canada Canada Canada Canada
72% 71% 78% 77% 80% 79% 78% 73% 70%
RANKING 2005 2006 2007 2008 2009 2010 2011 2012
1 Canada Canada Canada Canada Canada Canada Canada Canada
65% 66% 68% 68% 72% 74% 70% 70%
186 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.8.3 Rowboats/canoes: Imports value and volumeCanoe imports grew $1.3 million; 235,000 canoes with an average value of $224 entered the U.S. in 2012.
Rowboat imports increased $900,000; 4,300 rowboats with an average value of $2,100 entered the U.S. in 2012.
SOURCE: USITC
Table 7.8.3a Value of imported rowboats and canoes1996 1997 1998 1999 2000 2001 2002 2003 2004
Canoes $9,833,813 $10,856,373 $14,817,565 $16,459,821 $20,791,384 $22,489,635 $20,693,474 $23,705,649 $21,618,402
Rowboats $1,322,418 $2,619,301 $4,547,740 $6,162,497 $6,983,322 $6,631,069 $8,464,764 $8,143,197 $8,670,420
TOTAL $11,156,231 $13,475,674 $19,365,305 $22,622,318 $27,774,706 $29,120,704 $29,158,238 $31,848,846 $30,288,822
2005 2006 2007 2008 2009 2010 2011 2012
Canoes $20,076,904 $25,592,878 $33,696,282 $36,042,440 $38,965,345 $49,064,833 $51,309,133 $52,648,122
Rowboats $8,739,283 $7,130,411 $8,880,373 $7,807,690 $6,326,025 $7,753,329 $8,654,674 $9,107,700
TOTAL $28,816,187 $32,723,289 $42,576,655 $43,850,130 $45,291,370 $56,818,162 $59,963,807 $61,755,822
Table 7.8.3b. Number of imported rowboats and canoes1996 1997 1998 1999 2000 2001 2002 2003 2004
Canoes 19,712 24,202 41,931 48,029 63,313 67,072 63,366 59,567 71,042
Rowboats 3,545 2,571 3,564 9,496 8,958 8,209 9,286 11,677 13,254
TOTAL 23,257 26,773 45,495 57,525 72,271 75,281 72,652 71,244 84,296
2005 2006 2007 2008 2009 2010 2011 2012
Canoes 57,474 85,693 99,063 115,255 160,686 208,091 215,015 234,897
Rowboats 12,018 5,241 10,488 4,245 3,910 4,388 3,088 4,303
TOTAL 69,492 90,934 109,551 119,500 164,596 212,479 218,103 239,200
CHART 7.8.3a Value of imported rowboatsand canoes for 2012
Rowboats$9,107,70015%
Canoes$52,648,12285%
CHART 7.8.3b Number of imported rowboatsand canoes for 2012
Rowboats4,3032%
Canoes234,89798%
187©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.9 “Other” boats: Exports and imports value and volumeExports of “other” boats (which includes PWCs) rose for the third consecutive year to $716 million in 2012; 52,000 “other” boats with an average value of $13,800entered the U.S.
Import dollars also rose to a 4-year high $215 million in 2012; 36,400 “other” boats with an average value of $6,000 entered the U.S.
The trade balance rebounded in 2012 to a 2-year high $501 million.
South America continued to gain market share as an export destination moving up to number 2 in 2012, after breaking in to the top 4 last year.
Canada remained the leading trade partner for “other” boat imports in 2012.
SOURCE: USITC
TABLE 7.9 “Other” boats1996 1997 1998 1999 2000 2001 2002 2003 2004
TOTAL EXPORTS (MILLIONS) $105.9 $123.1 $141.1 $152.9 $149.7 $151.5 $184.9 $199.8 $322.8
Percent of Total Export Dollar Value 16.9% 18.1% 20.9% 21.9% 22.6% 27.0% 30.8% 26.7% 28.7%
NUMBER OF EXPORTED BOATS 15,536 21,684 23,250 22,794 19,229 17,256 19,878 17,345 28,662
Percent of Total Exported Boats 23.6% 31.4% 33.6% 34.6% 30.3% 31.6% 35.5% 29.4% 37.8%
TOTAL IMPORTS (MILLIONS) $589.4 $382.4 $253.5 $226.6 $243.9 $262.0 $332.7 $218.3 $240.7
Percent of Total Import Dollar Value 57.7% 45.8% 29.0% 23.0% 22.7% 23.5% 28.7% 18.1% 19.3%
NUMBER OF IMPORTED BOATS 167,378 116,088 89,800 89,672 95,438 91,806 92,868 71,908 70,214
Percent of Total Imported Boats 75.6% 69.0% 55.7% 50.2% 45.2% 45.2% 45.9% 38.2% 35.1%
TRADE BALANCE (MILLIONS) -$483.6 -$259.3 -$112.4 -$73.7 -$94.2 -$110.5 -$147.8 -$18.4 $82.1
2005 2006 2007 2008 2009 2010 2011 2012
TOTAL EXPORTS (MILLIONS) $395.7 $510.9 $730.9 $817.2 $456.8 $624.0 $658.8 $715.7
Percent of Total Export Dollar Value 25.2% 29.2% 33.2% 33.2% 31.8% 35.9% 37.9% 40.4%
NUMBER OF EXPORTED BOATS 38,294 35,814 42,770 49,666 36,929 39,337 44,627 51,989
Percent of Total Exported Boats 41.2% 33.8% 32.4% 32.3% 33.3% 33.7% 34.6% 39.8%
TOTAL IMPORTS (MILLIONS) $277.9 $328.9 $323.7 $335.7 $156.9 $111.6 $181.2 $215.0
Percent of Total Import Dollar Value 20.6% 23.1% 22.1% 27.3% 19.9% 14.7% 19.3% 20.2%
NUMBER OF IMPORTED BOATS 75,298 84,945 71,741 66,534 31,557 27,074 36,167 36,399
Percent of Total Imported Boats 40.1% 38.6% 31.8% 29.0% 14.2% 10.2% 12.9% 12.1%
TRADE BALANCE (MILLIONS) $117.8 $182.0 $407.2 $481.5 $299.9 $512.3 $477.6 $500.8
Expo
rts/
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
CHART 7.9 “Other” boat trade balance
$-500
$-250
$0
$250
$500
$750
$1,000
TOTAL EXPORTS
TOTAL IMPORTS
TRADE BALANCETrad
e Ba
lanc
e, M
illio
ns o
f U.S
. Dol
lars
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12$-500
$-250
$0
$250
$500
$750
$1,000
188 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
TABLE 7.9.1 Share of top export regional trading partners by year in terms of valueRANKING 1996 1997 1998 1999 2000 2001 2002 2003 2004
1 WE WE WE WE WE WE WE WE WE
32% 28% 41% 56% 52% 55% 45% 55% 55%
2 Japan Japan Japan Japan Japan CA/CI Mexico A/PI A/PI
15% 20% 16% 13% 15% 8% 21% 8.5% 16%
3 SA CA/CI SA Canada Canada Canada A/PI Canada Japan
12% 12% 9% 8% 8% 8% 8% 6% 8%
4 CA/CI SA Canada CA/CI CA/CI Japan Canada CA/CI Canada
5% 6% 7% 3% 3% 4% 4.5% 4% 3%
RANKING 2005 2006 2007 2008 2009 2010 2011 2012
1 WE WE WE WE WE WE WE WE
48% 43% 45% 43% 30% 25% 22% 19%
2 A/PI A/PI CA/CI CA/CI CA/CI A/PI A/PI SA
14% 12% 9% 11% 18% 16% 18% 12%
3 Japan Mexico A/PI A/PI ME/PG CA/CI CA/CI A/PI
8% 9% 8% 10% 9% 12% 12% 12%
4 Canada CA/CI Mexico ME/PG A/PI ME/PG SA CA/CI
3% 5% 7% 7% 8% 10% 12% 11%
A/PI=Australia/Pacific IslandsCA/CI=Central America/Caribbean IslandsME/PG=Middle East/Persian GulfSA=South AmericaWE=Western Europe
TABLE 7.9.2 Share of top import trading partners by year in terms of valueRANKING 1996 1997 1998 1999 2000 2001 2002 2003 2004
1 Canada Canada Canada Canada Canada Canada Canada Canada Canada
86% 92% 92% 89% 87% 91% 79% 90% 88%
RANKING 2005 2006 2007 2008 2009 2010 2011 2012
1 Canada Canada Canada Canada Canada Canada Canada Canada
88% 90% 89% 88% 85% 83% 85% 88%
189©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.10.1 Engine exports: Value by categoryThe total value of recreational marine engine exports grew 8% to $469 million in 2012, led by a $75 million boost in outboard engine exports. This increase was offsetby a $44 million decline in exports of inboard engines, primarily high-powered inboards between 300 and 500 HP.
Outboard engines accounted for 7 of 10 recreational marine engine export dollars, followed by inboard engines, sterndrive engines, and hydrojet engines.
SOURCE: USITC
TABLE 7.10.11996 1997 1998 1999 2000 2001 2002 2003 2004
(MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS)
Outboard Engines $219.3 $231.6 $229.4 $218.3 $274.2 $177.2 $182.0 $200.5 $271.8
Inboard Engines $93.7 $108.6 $97.2 $91.2 $96.1 $120.2 $114.6 $84.1 $90.5
Sterndrive Engines $27.0 $23.7 $17.1 $24.4 $30.4 $24.5 $35.0 $53.8 $61.4
Hydrojet Engines $3.9 $1.3 $1.3 $1.6 $1.1 $0.9 $0.8 $0.9 $2.5
TOTAL ENGINE EXPORTS $343.9 $365.3 $344.9 $335.5 $401.7 $322.8 $332.4 $339.4 $426.2
2005 2006 2007 2008 2009 2010 2011 2012(MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) % CHANGE
Outboard Engines $310.8 $282.4 $324.2 $287.3 $184.1 $253.1 $255.8 $329.6 29%
Inboard Engines $148.8 $196.8 $255.5 $201.7 $101.6 $120.1 $129.0 $85.3 -34%
Sterndrive Engines $124.7 $114.4 $85.8 $48.3 $26.4 $47.0 $34.8 $46.9 35%
Hydrojet Engines $3.5 $4.5 $12.5 $16.0 $5.5 $5.6 $16.8 $7.5 -55%
TOTAL ENGINE EXPORTS $587.8 $598.1 $677.9 $553.4 $317.6 $425.7 $436.4 $469.3 8%
Perc
ent o
f Tot
al E
ngin
e Ex
port
s
CHART 7.10.1
0%
20%
40%
60%
80%
100%
HYDROJET
STERNDRIVE BOATS
INBOARD BOATS
OUTBOARD BOATS
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
190 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.10.2 Engine imports: Value by categoryThe value of recreational marine engine imports increased 2% in 2012 to $902 million; a decline in the inboard engine segment (primarily reflecting a $52 million dropin inboard engine imports from Mexico––$23 million in 2012 compared to $75 million in 2011; Table 7.18.8) offset gains in the other three segments.
A $45 million increase in hydrojet engine imports from Japan ($73 million in 2012 compared to $27 million in 2011; Table 7.18.8) boosted total hydrojet engine importvalue to $102 million, stealing share from inboard engines.
Outboard engines accounted for 7 of 10 recreational marine engine import dollars, followed by inboard engines, hydrojet engines, and sterndrive engines.
SOURCE: USITC
TABLE 7.10.21996 1997 1998 1999 2000 2001 2002 2003 2004
(MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS)
Outboard Engines $178.2 $208.3 $272.3 $398.1 $466.8 $452.7 $597.6 $698.8 $774.2
Inboard Engines $171.9 $112.1 $90.6 $111.1 $143.7 $138.7 $149.6 $188.9 $177.8
Sterndrive Engines $21.6 $15.5 $17.5 $25.4 $43.5 $41.6 $67.3 $119.1 $139.8
Hydrojet Engines $25.0 $18.7 $7.4 $5.9 $4.7 $2.9 $4.1 $8.0 $8.1
TOTAL ENGINE IMPORTS $396.7 $354.5 $387.8 $540.5 $658.7 $635.9 $818.5 $1,014.8 $1,099.8
2005 2006 2007 2008 2009 2010 2011 2012(MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) (MILLIONS) % CHANGE
Outboard Engines $968.0 $1,093.1 $682.6 $571.0 $211.9 $597.0 $620.1 $635.5 2%
Inboard Engines $140.2 $149.8 $156.8 $219.0 $118.1 $167.8 $186.4 $132.5 -29%
Sterndrive Engines $147.3 $138.6 $155.8 $97.2 $27.7 $35.5 $25.0 $32.5 30%
Hydrojet Engines $11.4 $12.0 $29.4 $34.3 $32.5 $34.2 $52.8 $101.9 93%
TOTAL ENGINE IMPORTS $1,266.8 $1,393.5 $1,024.6 $921.5 $390.2 $834.4 $884.3 $902.4 2%
Perc
ent o
f Tot
al E
ngin
e Im
port
s
CHART 7.10.2
0%
20%
40%
60%
80%
100%
HYDROJET
STERNDRIVE BOATS
INBOARD BOATS
OUTBOARD BOATS
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
191©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.10.3 Engine exports: Volume by categoryThe number of recreational marine engines exported in 2012 grew for the third consecutive year, reaching a 5-year high 98,000 units, primarily reflecting a 17,000 unitincrease in outboard engine exports (with an average export value of $4,000—$330 million/81,187 units: Table 7.11). This increase was offset by a 2,000 unit decreasein inboard engine exports (with an average export value of $13,000—$85 million/6,569 units; Table 7.12).
More than 4 of 5 recreational marine engines exported from the U.S. in 2012 were outboards, followed by sterndrives, inboards, and hydrojets.
SOURCE: USITC
TABLE 7.10.31996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard 140,984 130,472 122,854 111,647 124,146 74,838 67,283 74,511 88,405
Inboard 7,570 10,039 9,979 10,278 10,567 12,998 13,255 11,903 11,545
Sterndrive 7,410 7,226 5,217 6,441 11,161 10,665 14,532 15,497 11,198
Hydrojet 294 358 428 582 388 268 440 395 622
TOTAL 156,258 148,095 138,478 128,948 146,262 98,769 95,510 102,306 111,770
2005 2006 2007 2008 2009 2010 2011 2012
Outboard 88,401 61,341 70,789 63,998 43,106 59,767 64,541 81,187
Inboard 12,839 13,421 16,353 12,932 7,511 8,641 8,927 6,469
Sterndrive 31,618 27,122 18,723 9,872 5,131 7,964 5,943 8,706
Hydrojet 825 1,093 2,510 4,299 915 1,251 1,289 1,187
TOTAL 133,683 102,977 108,375 91,101 56,663 77,623 80,700 97,549
HYDROJET ENGINES
STERNDRIVE ENGINES
INBOARD ENGINES
OUTBOARD ENGINES0
50,000
100,000
150,000
200,000
Tota
l Eng
ine
Expo
rts
CHART 7.10.3
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
192 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.10.4 Engine imports: Volume by categoryThe number of recreational marine engines imported in 2012 moderated to 385,000 units, with volume declines in inboard engines and sterndrive engines offset bygains in outboard engines and hydrojet engines.
Nearly 2 of 3 (65%) of engines entering the U.S. were outboards followed by inboard engines (15%) and sterndrive engines (14%).
SOURCE: USITC
TABLE 7.10.41996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard 96,221 111,417 133,656 161,837 179,733 185,284 241,600 359,766 413,228
Inboard 133,386 57,624 59,029 76,130 74,166 66,538 74,463 125,575 89,423
Sterndrive 25,185 25,998 204,026 428,871 89,176 87,112 121,714 157,465 187,745
Hydrojet 20,078 18,788 12,280 19,596 27,132 18,739 19,046 47,723 35,771
TOTAL 274,870 213,827 408,991 686,434 370,207 357,673 456,823 690,529 726,167
2005 2006 2007 2008 2009 2010 2011 2012
Outboard 383,325 383,456 333,440 265,599 124,676 217,396 232,512 250,100
Inboard 66,660 56,470 63,574 72,601 35,395 58,239 74,259 58,199
Sterndrive 187,627 212,458 191,279 117,108 34,902 57,653 121,693 52,040
Hydrojet 56,608 41,381 91,212 4,236 4,075 3,669 13,335 24,298
TOTAL 694,220 693,765 679,505 459,544 199,048 336,957 441,799 384,637
HYDROJET ENGINES
STERNDRIVE ENGINES
INBOARD ENGINES
OUTBOARD ENGINES0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
Tota
l Eng
ine
Impo
rts
CHART 7.10.4
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
193©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.11 Outboard engines: Exports and imports value and volumeThe trade deficit in the outboard engine market improved $58 million in 2012 to -$306 million; reflecting a 29% gain in exports offset by 3% gain in imports.
The top three trade destinations were unchanged in 2012, led by Canada (27%) and closely followed by Western Europe (26.8%). South America completedthe top three with 16% share of the market.
4 of 5 outboard engines imported to the U.S. were from Japan, with an average import value of $2,000 on the smaller (less than 30 horsepower; $107 million, 65,458 units)engines and $5,000 on the larger (30 horsepower and more; $403 million/78,308 units), followed by China with 16% of the market (unchanged from a year ago) and anaverage import value of $2,000 (less than 30 horsepower; $22 million, 11,882 units; 30 horsepower and more; $78 million/40,185 units).
SOURCE: USITC
TABLE 7.11 Outboard engines1996 1997 1998 1999 2000 2001 2002 2003 2004
TOTAL EXPORT (MILLIONS) $219.3 $231.6 $229.4 $218.3 $274.2 $177.2 $182.0 $200.5 $271.8
Percent of Total Export Dollar Value 63.8% 63.4% 66.5% 65.1% 68.3% 54.9% 54.7% 59.1% 63.8%
NUMBER OF EXPORTED ENGINES 140,984 130,472 122,854 111,647 124,146 74,838 67,283 74,511 88,405
TOTAL IMPORTS (MILLIONS) $178.2 $208.3 $272.3 $398.1 $466.8 $452.7 $597.6 $698.8 $774.2
Percent of Total Import Dollar Value 44.9% 58.8% 70.2% 73.7% 70.9% 71.2% 73.0% 68.9% 70.4%
NUMBER OF IMPORTED ENGINES 96,221 111,417 133,656 161,837 179,733 185,284 241,600 359,766 413,228
TRADE BALANCE (MILLIONS) $41.1 $23.3 -$42.9 -$179.9 -$192.6 -$275.5 -$415.6 -$498.3 -$502.4
2005 2006 2007 2008 2009 2010 2011 2012
TOTAL EXPORT (MILLIONS) $310.8 $282.4 $324.2 $287.3 $184.1 $253.1 $255.8 $329.6
Percent of Total Export Dollar Value 52.9% 47.2% 47.8% 51.9% 58.0% 59.4% 58.6% 70.2%
NUMBER OF EXPORTED ENGINES 88,401 61,341 70,789 63,998 43,106 59,767 64,541 81,187
TOTAL IMPORTS (MILLIONS) $968.0 $1,093.1 $682.6 $571.0 $211.9 $597.0 $620.1 $635.5
Percent of Total Import Dollar Value 76.4% 78.4% 66.6% 62.0% 54.3% 71.5% 70.1% 70.4%
NUMBER OF IMPORTED ENGINES 383,325 383,456 333,440 265,599 124,676 217,396 232,512 250,100
TRADE BALANCE (MILLIONS) -$657.2 -$810.7 -$358.4 -$283.7 -$27.8 -$343.9 -$364.3 -$306.0
Expo
rts/
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
CHART 7.11 Outboard engine trade balance
$-1,000
$-500
$0
$500
$1,000
$1,500
TOTAL EXPORTS
TOTAL IMPORTS
TRADE BALANCETrad
e Ba
lanc
e De
ficit,
Mill
ions
of U
.S. D
olla
rs
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12$-1,000
$-500
$0
$500
$1,000
$1,500
194 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
TABLE 7.11.1 Share of top export trading partners by year in terms of valueRANKING 1996 1997 1998 1999 2000 2001 2002 2003 2004
1 WE WE WE WE WE WE WE WE WE
26% 31% 31% 29% 38% 36% 31% 33% 45%
2 Canada Canada Canada Canada A/PI Canada Canada A/PI A/PI
20% 17% 26% 27% 20% 20% 26% 26% 21%
3 A/PI SA A/PI A/PI Canada A/PI A/PI Canada Canada
18% 18% 16% 19% 18% 18% 24% 21% 19%
RANKING 2005 2006 2007 2008 2009 2010 2011 2012
1 WE WE WE WE WE WE Canada Canada
44% 36% 36% 32% 28% 29% 29% 27%
2 A/PI A/PI A/PI Canada Canada Canada WE WE
21% 25% 20% 24% 22% 25% 26% 27%
3 Canada Canada Canada A/PI SA SA SA SA
19% 19% 19% 15% 13% 14% 14% 16%
A/PI=Australia/Pacific IslandsSA=South America WE=Western Europe
TABLE 7.11.2 Share of top import trading partners by year in terms of valueRANKING 1996 1997 1998 1999 2000 2001 2002 2003 2004
1 Japan Japan Japan Japan Japan Japan Japan Japan Japan
95% 95% 98% 99% 99% 99% 98% 96% 96%
RANKING 2005 2006 2007 2008 2009 2010 2011 2012
1 Japan Japan Japan Japan Japan Japan Japan Japan
94% 81% 86% 86% 74% 84% 83% 80%
195©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.12 Inboard engines: Exports and imports valueTrade in the inboard engine market waned in 2012 after a steady 3-year upward trend. Exports fell 34% while imports fell 29%, yielding a trade deficit of $47 million in 2012.
South America surpassed Western Europe as the top destination for inboard engine exports in 2012, primarily reflecting a higher magnitude decline in exports to WesternEurope (-62%) compared to South America (-34%). China and Southeast Asia closely followed each with 12% share of exports. The dispersion of destination regions forinboard engines grew markedly in 2012, with the top 4 regions accounting for 54% of export dollars compared to an average 64% following the recession.
Mexico led inboard engine imports (with an average import value of $2,000) in 2012, primarily reflecting $52 million and $8 million declines in imports from Japan andWestern Europe, respectively. Inboard engine imports from Mexico accounted for 1 in 2 inboard engine import dollars, followed by Western Europe (31%) and Japan (17%).
SOURCE: USITC
TABLE 7.12 Inboard engines1996 1997 1998 1999 2000 2001 2002 2003 2004
TOTAL EXPORT (MILLIONS) $93.7 $108.6 $97.2 $91.2 $96.1 $120.2 $114.6 $84.1 $90.5
Percent of Total Export Dollar Value 27.2% 29.7% 28.2% 27.2% 23.9% 37.2% 34.5% 24.8% 21.2%
TOTAL IMPORTS (MILLIONS) $171.9 $112.1 $90.6 $111.1 $143.7 $138.7 $149.6 $188.9 $177.8
Percent of Total Import Dollar Value 43.3% 31.6% 23.4% 20.6% 21.8% 21.8% 18.3% 18.6% 16.2%
TRADE BALANCE (MILLIONS) -$78.2 -$3.5 $6.6 -$19.9 -$47.6 -$18.5 -$35.0 -$104.7 -$87.2
2005 2006 2007 2008 2009 2010 2011 2012
TOTAL EXPORT (MILLIONS) $148.8 $196.8 $255.5 $201.7 $101.6 $120.1 $129.0 $85.3
Percent of Total Export Dollar Value 25.3% 32.9% 37.7% 36.5% 32.0% 28.2% 29.6% 18.2%
TOTAL IMPORTS (MILLIONS) $140.2 $149.8 $156.8 $219.0 $118.1 $167.8 $186.4 $132.5
Percent of Total Import Dollar Value 11.1% 10.8% 15.3% 23.8% 30.3% 20.1% 21.1% 14.7%
TRADE BALANCE (MILLIONS) $8.6 $47.0 $98.7 -$17.3 -$16.6 -$47.7 -$57.4 -$47.2
Expo
rts/
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
CHART 7.12 Inboard engine trade balance
$-200
$-100
$0
$100
$200
$300
TOTAL EXPORTS
TOTAL IMPORTS
TRADE BALANCETrad
e Ba
lanc
e, M
illio
ns o
f U.S
. Dol
lars
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12$-200
$-100
$0
$100
$200
$300
196 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
TABLE 7.12.1 Share of top export trading partners by year in terms of valueRANKING 1996 1997 1998 1999 2000 2001 2002 2003 2004
1 WE WE Canada Canada WE WE WE WE WE
31% 21% 27% 30% 26% 30% 39% 24% 26%
2 SEA Canada WE WE Canada A/PI Canada Canada Canada
15% 19% 19% 18% 25% 19% 17% 24% 21%
3 SA SEA A/PI SEA SEA Canada A/PI A/PI A/PI
9% 14% 11% 11% 11% 16% 10% 14% 14%
4 A/PI SA SEA A/PI A/PI SA SA Mexico SA
9% 11% 10% 10% 10% 12% 8% 10% 7%
RANKING 2005 2006 2007 2008 2009 2010 2011 2012
1 WE WE SEA SEA WE WE WE SA
27% 25% 26% 25% 26% 28% 24% 16%
2 SEA SEA China WE SA A/PI SA WE
17% 20% 20% 23% 16% 14% 16% 14%
3 Canada China WE China SEA SA SEA China
11% 16% 16% 15% 13% 13% 12% 12%
4 A/PI A/PI A/PI SA China China Canada SEA
9% 11% 9% 9% 9% 11% 12% 12%
A/PI=Australia/Pacific IslandsSA=South AmericaSEA=Southeast AsiaWE=Western Europe
TABLE 7.12.2 Share of top import trading partners by year in terms of valueRANKING 1996 1997 1998 1999 2000 2001 2002 2003 2004
1 Japan Japan Japan Japan Japan Japan Japan Japan Japan
64% 63% 66% 70% 79% 71% 67% 72% 50%
2 Canada WE WE WE WE WE WE WE WE
19% 29% 33% 30% 20% 16% 13% 11% 21%
3 WE Mexico — — Korea Mexico Mexico EE Austria
16% 8% — — 1% 12% 13% 1% 10%
RANKING 2005 2006 2007 2008 2009 2010 2011 2012
1 WE WE WE Japan Japan Japan Japan Mexico
56% 57% 57% 55% 58% 44% 40% 51%
2 Japan Japan Japan WE WE Mexico Mexico WE
38% 36% 34% 36% 25% 28% 33% 31%
3 EE Mexico Mexico Mexico Mexico WE WE Japan
4% 3% 5% 8% 16% 27% 26% 17%
WE=Western EuropeEE=Eastern Europe
197©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.13 Sterndrive engines: Exports and imports valueBoth exports and imports of sterndrive engines rebounded in 2012, up 35% and 30%, respectively. The trade balance posted a surplus for the third consecutive yearat a record high $15 million.
The top destinations for sterndrive engine exports were unchanged in 2012, Western Europe, South America, and Australia/Pacific Islands, in that order.
Nearly 3 in 4 sterndrive engine import dollars originated in Japan followed by Mexico, rallying back with 18%.
SOURCE: USITC
TABLE 7.13 Sterndrive engines1996 1997 1998 1999 2000 2001 2002 2003 2004
TOTAL EXPORT (MILLIONS) $27.0 $23.7 $17.1 $24.4 $30.4 $24.5 $35.0 $53.8 $61.4
Percent of Total Export Dollar Value 7.8% 6.5% 5.0% 7.3% 7.6% 7.6% 10.5% 15.9% 14.4%
TOTAL IMPORTS (MILLIONS) $21.6 $15.5 $17.5 $25.4 $43.5 $41.6 $67.3 $119.1 $139.8
Percent of Total Import Dollar Value 5.4% 4.4% 4.5% 4.7% 6.6% 6.5% 8.2% 11.7% 12.7%
TRADE BALANCE (MILLIONS) $5.4 $8.3 -$0.4 -$1.0 -$13.1 -$17.1 -$32.2 -$65.3 -$78.4
2005 2006 2007 2008 2009 2010 2011 2012
TOTAL EXPORT (MILLIONS) $124.7 $114.4 $85.8 $48.3 $26.4 $47.0 $34.8 $46.9
Percent of Total Export Dollar Value 21.2% 19.1% 12.7% 8.7% 8.3% 11.0% 8.0% 10.0%
TOTAL IMPORTS (MILLIONS) $147.3 $138.6 $155.8 $97.2 $27.7 $35.5 $25.0 $32.5
Percent of Total Import Dollar Value 11.6% 9.9% 15.2% 10.5% 7.1% 4.2% 2.8% 3.6%
TRADE BALANCE (MILLIONS) -$22.6 -$24.2 -$70.0 -$48.9 -$1.3 $11.5 $9.8 $14.5
Expo
rts/
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
CHART 7.13 Sterndrive engine trade balance
$-100
$-50
$0
$50
$100
$150
$200
TOTAL EXPORTS
TOTAL IMPORTS
TRADE BALANCETrad
e Ba
lanc
e, M
illio
ns o
f U.S
. Dol
lars
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12$-100
$-50
$0
$50
$100
$150
$200
198 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
TABLE 7.13.1 Share of top export trading partners by year in terms of valueRANKING 1996 1997 1998 1999 2000 2001 2002 2003 2004
1 Canada WE WE WE WE WE WE WE WE
47% 60% 50% 44% 54% 57% 55% 70% 62%
2 WE Canada A/PI A/PI A/PI A/PI A/PI A/PI A/PI
31% 18% 25% 23% 27% 16% 25% 17% 13%
3 A/PI A/PI Canada China SA Canada SA Canada Mexico
9% 10% 9% 13% 5% 11% 9% 3% 8%
RANKING 2005 2006 2007 2008 2009 2010 2011 2012
1 WE WE Mexico WE WE WE WE WE
44% 44% 43% 42% 46% 52% 40% 41%
2 Mexico Mexico WE Mexico SA SA SA SA
34% 37% 33% 23% 22% 22% 35% 32%
3 A/PI A/PI Canada Canada Canada Canada A/PI A/P
9% 6% 10% 12% 9% 7% 8% 11%
A/PI=Australia/Pacific IslandsSA=South AmericaWE=Western Europe
TABLE 7.13.2 Share of top import trading partners by year in terms of valueRANKING 1996 1997 1998 1999 2000 2001 2002 2003 2004
1 Mexico Japan Japan Japan Japan Mexico Mexico Mexico Mexico
79% 68% 98% 96% 59% 57% 84% 83% 82%
2 Japan Mexico WE WE Mexico Japan Japan Japan Japan
17% 30% 2% 4% 36% 39% 11% 12% 14%
RANKING 2005 2006 2007 2008 2009 2010 2011 2012
1 Mexico Mexico Mexico Mexico Mexico Japan Japan Japan
76% 77% 71% 66% 64% 49% 78% 71%
2 Japan Japan Japan Japan Japan Mexico WE Mexico
21% 19% 20% 24% 25% 45% 9% 18%
WE=Western Europe
199©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.14 Hydrojet engines: Exports and imports valueExports of hydrojet engines ebbed to $8 million after tripling in 2011, primarily reflecting a $10 million decline in exports to Western Europe in 2012. Meanwhile, importsincreased 54% with an additional $45 million coming from Japan. Consequently, the trade deficit in this market deepened to a record high $94 million in 2012.
Mexico, South America, and Western Europe were the top 3 trade destinations for U.S. exports of hydrojet engines.
Japan remained the top import trading partner and accounted for 7 in 10 import dollars. Western Europe followed with 13%.
SOURCE: USITC
TABLE 7.14 Hydrojet engines1996 1997 1998 1999 2000 2001 2002 2003 2004
TOTAL EXPORT (MILLIONS) $3.9 $1.3 $1.3 $1.6 $1.1 $0.9 $0.8 $0.9 $2.5
Percent of Total Export Dollar Value 1.1% 0.4% 0.4% 0.5% 0.3% 0.3% 0.2% 0.3% 0.6%
TOTAL IMPORTS (MILLIONS) $25.0 $18.7 $7.4 $5.9 $4.7 $2.9 $4.1 $8.0 $8.1
Percent of Total Import Dollar Value 6.3% 5.3% 1.9% 1.1% 0.7% 0.5% 0.5% 0.8% 0.7%
TRADE BALANCE (MILLIONS) -$21.1 -$17.3 -$6.1 -$4.3 -$3.7 -$2.0 -$3.3 -$7.1 -$5.5
2005 2006 2007 2008 2009 2010 2011 2012
TOTAL EXPORT (MILLIONS) $3.5 $4.5 $12.5 $16.0 $5.5 $5.6 $16.8 $7.5
Percent of Total Export Dollar Value 0.6% 0.8% 1.8% 2.9% 1.7% 1.3% 3.8% 1.6%
TOTAL IMPORTS (MILLIONS) $11.4 $12.0 $29.4 $34.3 $32.5 $34.2 $52.8 $101.9
Percent of Total Import Dollar Value 0.9% 0.9% 2.9% 3.7% 8.3% 4.1% 6.0% 11.3%
TRADE BALANCE (MILLIONS) -$7.8 -$7.4 -$16.9 -$18.3 -$27.0 -$28.6 -$36.1 -$94.4
Expo
rts/
Impo
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Mill
ions
of U
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olla
rs
CHART 7.14 Hydrojet engine trade balance
$-120$-100$-80$-60$-40$-20
$0$20$40$60$80
$100$120
TOTAL EXPORTS
TOTAL IMPORTS
TRADE BALANCETrad
e Ba
lanc
e De
ficit,
Mill
ions
of U
.S. D
olla
rs
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12$-120$-100$-80$-60$-40$-20$0$20$40$60$80$100$120
200 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
TABLE 7.14.1 Share of top export trading partners by year in terms of valueRANKING 1996 1997 1998 1999 2000 2001 2002 2003 2004
1 WE Mexico Korea WE WE Canada WE Mexico WE
40% 47% 31% 46% 73% 25% 19% 28% 26%
2 Taiwan Canada Mexico Canada Mexico WE Korea Canada Korea
39% 14% 18% 16% 6% 21% 18% 23% 19%
3 China Korea Canada China Canada Mexico Mexico Taiwan Mexico
8% 12% 17% 10% 5% 16% 17% 8% 18%
RANKING 2005 2006 2007 2008 2009 2010 2011 2012
1 WE Mexico Africa WE SA Mexico WE Mexico
25% 32% 45% 67% 29% 52% 71% 33%
2 CA/CI China WE SA WE Canada Mexico SA
16% 25% 20% 17% 18% 14% 7% 27%
3 China WE SA Mexico CA/CI WE Canada WE
15% 16% 10% 5% 16% 13% 6% 21%
CA/CI=Central America/Caribbean IslandsSA=South AmericaWE=Western Europe
TABLE 7.14.2 Share of top import trading partners by year in terms of valueRANKING 1996 1997 1998 1999 2000 2001 2002 2003 2004
1 Japan Japan A/PI Japan A/PI A/PI WE WE A/PI
70% 79% 47% 37% 40% 75% 50% 55% 65%
2 A/PI A/PI Japan A/PI Japan WE A/PI A/PI WE
15% 13% 42% 33% 32% 20% 45% 42% 28%
RANKING 2005 2006 2007 2008 2009 2010 2011 2012
1 A/PI A/PI A/PI A/PI WE WE Japan Japan
68% 55% 45% 47% 50% 59% 52% 71%
2 WE WE WE WE A/PI A/PI A/PI WE
27% 43% 41% 38% 31% 32% 23% 13%
A/PI=Australia/Pacific IslandsWE=Western Europe
201©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.15 Exports by trading regionIn 2012, market share per destination for recreational boat and marine engine exports ranked as follows: Canada (31%), Latin America (Central/South America, Caribbeanand Mexico) (23%), Western Europe (17%), Australia/Pacific Islands (11%), Asia (10%), Middle East/Persian Gulf and Africa (7%), and Russia/Eastern Europe (2%).
Exports to Latin America continued to grow in 2012, propelling it to the second top destination, dropping Western Europe to third. NAFTA trading partners, Canada andMexico, accounted for more than 1 in 3 recreational boat and marine export dollars.
SOURCE: USITC
TABLE 7.15 Value of U.S. exports (in millions)REGION 1996 1997 1998 1999 2000 2001 2002 2003 2004
Canada $204.4 $240.3 $292.1 $313.3 $319.1 $253.1 $279.8 $334.1 $428.2
Western Europe $336.4 $334.3 $347.2 $378.4 $372.6 $290.9 $316.9 $369.1 $602.0
Australia/Pacific Islands $80.0 $87.3 $75.9 $91.3 $98.2 $74.5 $91.3 $117.2 $185.5
South America $80.6 $96.1 $68.9 $42.0 $41.9 $47.3 $35.6 $41.9 $29.9
Central America/Caribbean $49.5 $67.8 $71.4 $49.5 $63.0 $55.9 $43.8 $48.1 $57.0
Middle East/Persian Gulf $32.3 $25.0 $30.6 $15.6 $15.8 $24.2 $14.8 $13.9 $26.5
Mexico $21.2 $33.3 $32.0 $29.3 $31.6 $32.8 $61.7 $69.1 $89.4
China $20.7 $17.5 $13.3 $18.7 $17.5 $11.6 $9.5 $14.2 $24.3
Southeast Asia $31.2 $37.8 $17.1 $15.1 $17.5 $17.2 $16.2 $15.3 $18.9
Africa $13.4 $11.4 $9.6 $9.4 $7.8 $10.8 $6.5 $8.2 $19.4
Japan $68.1 $65.3 $46.3 $54.9 $57.6 $39.8 $24.7 $31.4 $38.2
Russia $1.6 $2.2 $1.9 $1.1 $0.9 $3.9 $2.9 $3.9 $9.3
Eastern Europe $9.7 $7.7 $5.5 $4.8 $3.0 $10.2 $11.3 $7.9 $11.2
Korea $11.0 $10.8 $1.5 $5.1 $11.6 $5.8 $11.9 $9.7 $7.4
South Asia $1.6 $0.7 $0.9 $1.2 $0.5 $1.0 $1.2 $0.7 $0.5
Taiwan $9.1 $6.1 $5.6 $4.4 $5.3 $4.0 $4.9 $3.3 $4.2
TOTAL $970.7 $1,043.9 $1,019.7 $1,034.0 $1,063.7 $883.2 $932.9 $1,087.9 $1,551.9
REGION 2005 2006 2007 2008 2009 2010 2011 2012 % OF TOTAL
Canada $548.6 $664.2 $823.2 $837.6 $478.0 $601.8 $638.0 $690.2 31%
Western Europe $807.9 $795.9 $926.6 $976.0 $456.6 $514.4 $468.3 $390.7 17%
Australia/Pacific Islands $251.7 $247.9 $262.1 $239.6 $134.5 $269.2 $279.9 $239.2 11%
South America $52.7 $67.4 $93.6 $129.3 $115.4 $177.3 $201.8 $225.9 10%
Central America/Caribbean $82.0 $106.9 $146.3 $178.3 $170.5 $141.7 $131.1 $172.9 8%
Middle East/Persian Gulf $42.5 $66.0 $106.3 $153.3 $117.0 $142.3 $124.7 $111.7 5%
Mexico $137.4 $119.9 $108.0 $80.9 $71.2 $94.6 $77.8 $109.6 5%
China $36.0 $45.3 $82.2 $53.1 $23.8 $43.5 $64.4 $56.7 3%
Southeast Asia $38.4 $51.7 $94.8 $77.9 $42.7 $38.8 $53.0 $64.3 3%
Africa $46.5 $49.0 $58.0 $63.8 $52.8 $54.9 $41.6 $42.7 2%
Japan $51.6 $49.3 $58.1 $46.6 $25.7 $25.0 $35.0 $60.4 3%
Russia $17.6 $30.9 $34.9 $58.5 $14.0 $12.6 $18.1 $30.7 1%
Eastern Europe $24.0 $24.3 $50.8 $98.8 $31.0 $21.9 $14.0 $13.5 1%
Korea $13.2 $13.0 $12.6 $13.1 $6.9 $10.8 $11.4 $12.6 1%
South Asia $2.0 $2.2 $10.0 $4.9 $8.5 $10.2 $8.7 $15.7 1%
Taiwan $7.9 $10.9 $14.7 $6.8 $4.9 $5.8 $8.7 $3.2 0%
TOTAL $2,160.1 $2,345.0 $2,882.4 $3,018.5 $1,753.6 $2,164.5 $2,176.6 $2,240.1
202 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
Mill
ions
of U
.S. D
olla
rsCHART 7.15a Major U.S. export trading regions 1996 to 2012
RUSSIA/EASTERN EUROPE
ASIA
MIDDLE EAST/PERSIAN GULF/AFRICA
AUSTRALIA/PACIFIC ISLANDS
MEXICO/CENTRAL & SOUTH AMERICA
CANADA
WESTERN EUROPE$0
$500
$1,000
$1,500
$2,000
$2,500
$3,000
$3,500
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
Perc
enta
ge in
U.S
. Dol
lars
CHART 7.15b Major U.S. export trading regions 1996 to 2012
0%
20%
40%
60%
80%
100%
RUSSIA/EASTERN EUROPE
ASIA
MIDDLE EAST/PERSIAN GULF/AFRICA
AUSTRALIA/PACIFIC ISLANDS
MEXICO/CENTRAL & SOUTH AMERICA
CANADA
WESTERN EUROPE
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
203©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.15.1 Boat exports by trading regionIn 2012, market share per destination for recreational boat exports ranked as follows: Canada (33%), Latin America (22%), Western Europe (15%),Australia/Pacific Islands (11%), Middle East/Persian Gulf and Africa (8%), Asia (6%), and Russia/Eastern Europe (2%).
U.S. trade in recreational boats with Latin America and Canada in 2012 increased 4% and 2%, respectively, at the expense of Western Europe (down 5%)and Australia/Pacific Islands (down 4%).
SOURCE: USITC
Table 7.15.1 Value of U.S. boat exports (in millions)REGION 1996 1997 1998 1999 2000 2001 2002 2003 2004
Canada $140.9 $177.2 $203.9 $226.2 $243.6 $194.9 $212.3 $269.4 $356.2
Western Europe $240.7 $224.3 $249.0 $287.3 $226.7 $176.1 $196.3 $245.0 $417.3
Australia/Pacific Islands $29.8 $39.2 $24.9 $35.6 $25.5 $16.7 $28.1 $44.7 $108.6
Central America/Caribbean $36.0 $52.4 $55.4 $34.3 $46.6 $44.3 $33.9 $40.4 $43.7
Middle East/Persian Gulf $25.4 $21.8 $29.0 $13.7 $14.6 $22.1 $15.7 $11.3 $23.1
South America $41.1 $45.4 $30.8 $19.0 $16.3 $19.3 $14.3 $22.8 $11.4
Mexico $10.9 $15.0 $18.5 $16.9 $19.5 $23.1 $52.2 $55.5 $74.6
Africa $9.1 $6.7 $6.8 $6.1 $4.9 $8.4 $4.0 $5.8 $15.3
China $3.5 $6.0 $1.6 $2.1 $2.5 $1.8 $2.6 $7.4 $13.3
Japan $60.8 $58.7 $42.3 $48.7 $53.6 $36.8 $22.8 $25.2 $35.5
Southeast Asia $13.1 $18.9 $5.1 $1.5 $1.9 $2.0 $2.3 $4.9 $4.5
Eastern Europe $9.6 $7.2 $4.9 $4.6 $2.8 $10.0 $8.9 $7.7 $10.8
Russia $1.2 $2.0 $1.7 $0.8 $0.8 $3.8 $2.7 $3.9 $9.2
Korea $2.0 $3.1 $0.5 $0.9 $1.0 $0.7 $3.6 $4.2 $1.8
Taiwan $2.6 $0.7 $0.5 $0.5 $1.8 $0.2 $0.4 $0.2 $0.3
South Asia $0.2 $0.1 $0.0 $0.3 $0.1 $0.4 $0.4 $0.2 $0.1
TOTAL $626.8 $678.6 $674.8 $698.5 $662.0 $560.4 $600.5 $748.5 $1,125.7
REGION 2005 2006 2007 2008 2009 2010 2011 2012 % OF TOTAL
Canada $466.7 $591.8 $741.3 $751.9 $430.5 $528.2 $544.7 $592.0 33%
Western Europe $573.5 $595.5 $739.1 $806.4 $365.0 $382.4 $346.5 $270.1 15%
Australia/Pacific Islands $162.6 $150.8 $168.4 $182.7 $105.7 $226.1 $246.4 $193.0 11%
Central America/Caribbean $69.2 $93.3 $130.1 $164.9 $156.8 $127.4 $115.6 $158.2 9%
Middle East/Persian Gulf $38.8 $58.7 $91.2 $134.4 $101.5 $125.7 $112.2 $98.4 6%
South America $22.9 $28.5 $41.7 $64.7 $68.8 $114.7 $133.7 $143.3 8%
Mexico $88.4 $68.5 $63.3 $62.9 $62.3 $74.3 $57.3 $84.1 5%
Africa $41.0 $41.2 $42.6 $51.5 $47.8 $49.2 $36.5 $38.7 2%
China $15.7 $7.2 $20.1 $16.9 $9.4 $25.0 $40.2 $38.8 2%
Japan $43.9 $44.9 $53.7 $41.9 $20.8 $22.3 $32.7 $59.2 3%
Southeast Asia $3.9 $5.3 $16.7 $22.3 $20.8 $20.8 $28.5 $38.2 2%
Eastern Europe $23.7 $24.0 $49.9 $97.6 $27.2 $20.3 $13.3 $12.6 1%
Russia $17.5 $30.1 $34.8 $58.3 $13.7 $12.2 $17.4 $30.3 2%
Korea $3.4 $5.0 $5.0 $4.9 $2.8 $5.9 $6.6 $7.7 0%
Taiwan $0.8 $0.8 $0.4 $0.5 $0.5 $2.5 $5.8 $1.3 0%
South Asia $0.2 $1.1 $6.2 $3.2 $2.5 $1.8 $2.7 $5.0 0%
TOTAL $1,572.4 $1,746.9 $2,204.5 $2,465.1 $1,436.0 $1,738.8 $1,740.2 $1,770.8
Valu
e of
Boa
t Exp
orts
, Mill
ions
of U
.S. D
olla
rs
CHART 7.15.1 Major U.S. boat exporttrading regions 1996 to 2012
RUSSIA/EASTERN EUROPE
ASIA
MIDDLE EAST/PERSIAN GULF/AFRICA
AUSTRALIA/PACIFIC ISLANDS
MEXICO/CENTRAL & SOUTH AMERICA
CANADA
WESTERN EUROPE$0
$500
$1,000
$1,500
$2,000
$2,500
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
204 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.15.2 Engine exports by trading regionIn 2012, market share per destination for marine engine exports ranked as follows: Latin America (26.2%), Western Europe (25.7%—the majority of which landed in Belgium),Canada (21%), Asia (13%), Australia/Pacific Islands (10%), Middle East/Persian Gulf and Africa (4%).
Latin America just surpassed Western Europe as the top export market for marine engines in 2012.
SOURCE: USITC
TABLE 7.15.2 Engine exports by trading regionREGION 1996 1997 1998 1999 2000 2001 2002 2003 2004
Western Europe $95.8 $110.1 $98.2 $91.0 $145.8 $114.7 $120.7 $124.1 $184.6
Canada $63.5 $63.1 $88.2 $87.1 $75.5 $58.2 $67.5 $64.8 $72.0
South America $39.5 $50.6 $38.2 $23.1 $25.6 $28.1 $21.2 $19.1 $18.5
Australia/Pacific Islands $50.2 $48.1 $51.0 $55.7 $72.7 $57.8 $63.3 $72.5 $76.9
Southeast Asia $18.1 $18.9 $12.0 $13.6 $15.6 $15.2 $13.9 $10.4 $14.4
China $17.2 $11.6 $11.7 $16.5 $15.0 $9.8 $6.9 $6.8 $11.0
Mexico $10.3 $18.4 $13.5 $12.4 $12.1 $9.7 $9.5 $13.6 $14.8
Central America/Caribbean $13.4 $15.4 $16.0 $15.2 $16.4 $11.6 $9.9 $7.7 $13.3
Middle East/Persian Gulf $6.9 $3.3 $1.6 $1.9 $1.2 $2.2 $1.3 $2.6 $3.4
South Asia $1.4 $0.6 $0.8 $0.9 $0.5 $0.6 $0.9 $0.6 $0.3
Africa $4.3 $4.6 $2.8 $3.2 $2.9 $2.4 $2.5 $2.4 $4.1
Korea $9.0 $7.8 $1.0 $4.2 $10.6 $5.2 $8.3 $5.5 $5.6
Taiwan $6.5 $5.5 $5.1 $3.9 $3.5 $3.8 $4.5 $3.1 $3.9
Japan $7.3 $6.6 $4.0 $6.2 $4.0 $3.0 $1.8 $6.1 $2.7
Russia $0.4 $0.3 $0.2 $0.4 $0.1 $0.2 $0.2 $0.0 $0.0
Eastern Europe $0.1 $0.5 $0.6 $0.1 $0.1 $0.3 $0.1 $0.2 $0.4
TOTAL $343.9 $365.3 $344.9 $335.5 $401.7 $322.8 $332.4 $339.4 $426.2
REGION 2005 2006 2007 2008 2009 2010 2011 2012 % OF TOTAL
Western Europe $234.4 $200.5 $187.5 $169.6 $91.6 $132.0 $121.8 $120.6 26%
Canada $81.9 $72.4 $81.9 $85.7 $47.5 $73.7 $93.3 $98.2 21%
South America $29.8 $38.9 $51.9 $64.5 $46.6 $62.5 $68.1 $82.6 18%
Australia/Pacific Islands $89.1 $97.1 $93.7 $56.9 $28.8 $43.1 $33.4 $46.3 10%
Southeast Asia $34.5 $46.4 $78.1 $55.6 $21.9 $17.9 $24.6 $26.2 6%
China $20.3 $38.1 $62.1 $36.2 $14.4 $18.4 $24.2 $17.9 4%
Mexico $49.0 $51.4 $44.8 $18.0 $8.9 $20.3 $20.5 $25.5 5%
Central America/Caribbean $12.9 $13.5 $16.2 $13.4 $13.7 $14.3 $15.5 $14.7 3%
Middle East/Persian Gulf $3.7 $7.3 $15.1 $18.9 $15.5 $16.6 $12.6 $13.3 3%
South Asia $1.8 $1.1 $3.8 $1.7 $6.0 $8.4 $6.1 $10.7 2%
Africa $5.5 $7.8 $15.4 $12.3 $5.1 $5.7 $5.0 $4.0 1%
Korea $9.8 $8.0 $7.6 $8.2 $4.2 $4.8 $4.8 $4.8 1%
Taiwan $7.1 $10.2 $14.4 $6.3 $4.4 $3.3 $3.0 $2.0 0%
Japan $7.7 $4.4 $4.3 $4.7 $4.9 $2.6 $2.3 $1.2 0%
Russia $0.1 $0.7 $0.1 $0.3 $0.4 $0.4 $0.7 $0.4 0%
Eastern Europe $0.3 $0.2 $0.9 $1.2 $3.8 $1.6 $0.6 $0.9 0%
TOTAL $587.8 $598.1 $677.9 $553.4 $317.6 $425.7 $436.4 $469.3
Valu
e of
Eng
ine
Expo
rts,
Mill
ions
of U
.S. D
olla
rs
CHART 7.15.2 Major U.S. engine exporttrading regions 1996 to 2012
$0
$100
$200
$300
$400
$500
$600
$700
$800
RUSSIA/EASTERN EUROPE
ASIA
MIDDLE EAST/PERSIAN GULF/AFRICA
AUSTRALIA/PACIFIC ISLANDS
MEXICO/CENTRAL & SOUTH AMERICA
CANADA
WESTERN EUROPE
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
205©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.16 Imports by trading regionIn 2012, market share per region of origination for recreational boat and marine engine imports ranked as follows: Asia (48%), Western Europe (26%), Canada (14%),Latin America (7%), Australia/Pacific Islands (3%), and Middle East/Persian Gulf and Africa (2%).
The rank order of trading regions for total imports was unchanged from a year ago.
SOURCE: USITC
TABLE 7.16 Value of U.S. imports (in millions)REGION 1996 1997 1998 1999 2000 2001 2002 2003 2004
Japan $377.9 $325.2 $375.0 $526.4 $640.9 $598.9 $774.7 $858.8 $877.1
Western Europe $249.9 $265.1 $370.8 $452.3 $449.2 $369.5 $364.2 $487.3 $530.6
Canada $651.3 $447.3 $346.2 $342.7 $363.5 $426.9 $458.6 $402.3 $392.6
China $5.0 $9.7 $11.6 $20.6 $19.5 $27.6 $27.9 $32.2 $55.7
Mexico $24.1 $20.2 $1.1 $0.7 $17.4 $41.2 $91.1 $158.1 $189.3
Taiwan $45.4 $49.1 $72.5 $100.1 $127.4 $152.8 $139.1 $122.3 $143.8
Australia/Pacific Islands $30.4 $39.0 $33.8 $31.6 $51.6 $62.3 $58.5 $74.5 $65.5
Korea $1.9 $2.8 $1.4 $1.6 $3.9 $4.6 $6.4 $9.8 $10.6
Africa $1.1 $0.7 $5.7 $5.1 $6.5 $5.9 $7.2 $10.9 $9.2
Southeast Asia $19.1 $13.8 $27.2 $27.5 $32.9 $40.8 $35.0 $38.2 $45.7
Middle East/Persian Gulf $0.2 $0.9 $2.8 $3.3 $4.0 $6.2 $2.2 $4.5 $5.9
South America $6.5 $11.6 $8.9 $5.3 $11.4 $5.1 $6.1 $13.1 $12.5
Eastern Europe $0.3 $0.3 $0.4 $0.6 $0.7 $3.5 $2.8 $5.7 $5.8
Central America/Caribbean $4.5 $3.9 $4.4 $5.7 $4.5 $3.8 $2.3 $4.4 $2.6
South Asia — — $0.0 $0.0 — — $0.0 $0.0 $0.2
Russia — $0.1 $0.6 $1.2 $0.0 — — $0.0 —
TOTAL $1,417.8 $1,189.5 $1,262.5 $1,524.7 $1,733.4 $1,749.0 $1,976.2 $2,222.0 $2,347.2
REGION 2005 2006 2007 2008 2009 2010 2011 2012 % OF TOTAL
Japan $1,016.0 $987.5 $709.8 $671.2 $255.0 $613.8 $664.2 $655.4 33%
Western Europe $573.7 $500.9 $563.0 $385.6 $292.6 $343.8 $442.1 $506.1 26%
Canada $400.8 $452.9 $407.3 $399.3 $207.4 $188.3 $262.8 $271.6 14%
China $87.3 $157.3 $149.9 $166.6 $127.5 $117.6 $140.3 $181.6 9%
Mexico $210.2 $231.8 $230.7 $149.1 $60.8 $131.6 $126.0 $126.7 6%
Taiwan $138.6 $168.2 $184.5 $178.8 $129.1 $72.6 $81.0 $81.0 4%
Australia/Pacific Islands $68.9 $70.7 $101.1 $89.0 $44.0 $49.5 $44.5 $54.0 3%
Korea $20.1 $137.0 $38.7 $21.4 $10.0 $14.8 $17.7 $11.3 1%
Africa $12.6 $15.0 $18.2 $13.1 $11.1 $18.5 $12.7 $23.1 1%
Southeast Asia $50.7 $65.3 $49.0 $49.3 $22.0 $18.0 $11.5 $23.8 1%
Middle East/Persian Gulf $8.6 $10.9 $11.7 $15.0 $14.3 $15.5 $10.5 $19.3 1%
South America $17.6 $9.2 $19.0 $8.5 $3.2 $5.4 $4.9 $4.9 0%
Eastern Europe $8.0 $7.0 $5.8 $4.6 $1.8 $1.4 $2.6 $5.9 0%
Central America/Caribbean $4.0 $3.5 $2.5 $1.6 $1.0 $0.4 $1.3 $0.7 0%
South Asia $0.1 — $0.0 $0.1 $0.0 $0.5 $0.0 $0.1 0%
Russia $0.1 $0.0 $0.0 — — $0.0 — $0.0 0%
TOTAL $2,617.3 $2,817.3 $2,491.2 $2,153.0 $1,179.8 $1,591.7 $1,822.1 $1,965.7
Valu
e of
Impo
rts
in U
.S. D
olla
rs (M
illio
ns)
CHART 7.16a Major U.S. trading importregions 1996 to 2012
$0
$500
$1,000
$1,500
$2,000
$2,500
$3,000
RUSSIA/EASTERN EUROPE
ASIA
MIDDLE EAST/PERSIAN GULF/AFRICA
AUSTRALIA/PACIFIC ISLANDS
MEXICO/CENTRAL & SOUTH AMERICA
CANADA
WESTERN EUROPE
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
7.16.1 Boat imports by trading regionIn 2012, market share per region of origination for recreational boat imports ranked as follows: Western Europe (42%—the majority of which originated in Italy), Canada(25%), Asia (19%—the majority of which originated in Taiwan), Latin America (5%—the majority of which originated in Mexico), Middle East/Persian Gulf and Africa (4%),Australia/Pacific Islands (3.9%), and Russia/Eastern Europe (1%).
Western Europe's share of boat imports increased 3% in 2012, while Canada's share declined 3%.
SOURCE: USITC
Table 7.16.1 Value of U.S. boat imports (in millions)REGION 1996 1997 1998 1999 2000 2001 2002 2003 2004
Western Europe $216.4 $230.1 $338.3 $415.3 $417.3 $345.3 $331.4 $432.1 $436.6
Canada $617.9 $447.0 $345.5 $342.4 $362.9 $426.5 $457.8 $401.7 $392.3
Taiwan $45.4 $49.1 $72.4 $100.1 $127.3 $152.7 $139.0 $122.1 $143.8
China $3.4 $7.9 $8.2 $17.0 $16.6 $27.4 $25.9 $29.3 $52.2
Mexico $26.5 $36.1 $30.1 $29.6 $49.7 $60.1 $56.6 $71.0 $64.4
Australia/Pacific Islands $0.3 $0.5 $0.6 $0.6 $1.7 $1.3 $12.7 $43.4 $60.1
Japan $78.5 $30.7 $28.2 $29.3 $39.4 $35.5 $79.8 $35.1 $25.9
Africa $18.4 $13.8 $27.2 $27.5 $31.7 $40.7 $34.2 $36.2 $9.2
Middle East/Persian Gulf $0.2 $0.9 $2.8 $3.3 $4.0 $6.2 $2.2 $4.5 $5.9
Southeast Asia $1.1 $0.7 $5.7 $5.1 $6.5 $5.9 $7.2 $10.9 $38.7
South America $6.5 $11.5 $8.8 $5.3 $11.4 $5.0 $5.6 $11.9 $12.0
Eastern Europe $0.2 $0.2 $0.4 $0.6 $0.7 $1.1 $1.7 $2.9 $2.3
Central America/Caribbean $4.5 $3.9 $4.4 $5.7 $4.5 $3.7 $2.3 $4.4 $2.6
Korea $1.7 $2.5 $1.2 $1.2 $1.1 $1.6 $1.2 $1.6 $1.1
South Asia — $0.0 $0.6 $1.2 $0.0 — — $0.0 $0.2
Russia — — $0.0 $0.0 — — — $0.0 —
TOTAL $1,021.0 $835.0 $874.7 $984.2 $1,074.8 $1,113.1 $1,157.7 $1,207.2 $1,247.3
REGION 2005 2006 2007 2008 2009 2010 2011 2012 % OF TOTAL
Western Europe $479.8 $400.5 $443.2 $280.6 $239.0 $272.9 $368.8 $445.9 42%
Canada $400.6 $452.7 $406.7 $398.3 $206.7 $187.4 $262.1 $270.0 25%
Taiwan $138.6 $168.2 $184.5 $178.7 $129.1 $72.6 $81.0 $80.9 8%
China $72.8 $101.7 $99.7 $107.6 $83.3 $43.4 $64.7 $76.4 7%
Mexico $89.3 $114.9 $111.4 $67.5 $23.9 $67.9 $61.8 $46.6 4%
Australia/Pacific Islands $61.0 $64.1 $87.8 $72.6 $34.0 $38.4 $32.1 $41.8 4%
Japan $17.0 $20.3 $33.6 $38.9 $22.7 $18.4 $26.5 $27.4 3%
Africa $12.6 $15.0 $18.1 $13.1 $11.1 $18.5 $12.7 $23.1 2%
Middle East/Persian Gulf $8.5 $10.8 $11.7 $15.0 $14.3 $15.5 $10.4 $19.3 2%
Southeast Asia $44.3 $59.3 $46.0 $46.1 $19.8 $15.0 $8.6 $20.2 2%
South America $17.4 $8.3 $17.3 $8.4 $3.2 $5.4 $4.9 $4.7 0%
Eastern Europe $2.9 $3.5 $2.7 $1.6 $1.5 $1.4 $2.6 $5.9 1%
Central America/Caribbean $4.0 $3.5 $2.5 $1.6 $1.0 $0.4 $1.2 $0.7 0%
Korea $1.7 $1.1 $1.5 $1.4 $0.3 $0.2 $0.3 $0.3 0%
South Asia $0.0 — — $0.1 — $0.0 $0.0 $0.0 0%
Russia $0.1 $0.0 $0.0 — — $0.0 — $0.0 0%
TOTAL $1,350.5 $1,423.8 $1,466.7 $1,231.5 $789.6 $757.3 $937.8 $1,063.3
206 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
Valu
e of
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
CHART 7.16.1 Major U.S. boat importtrading regions 1996 to 2012
$0
$300
$600
$900
$1,200
$1,500
RUSSIA/EASTERN EUROPE
ASIA
MIDDLE EAST/PERSIAN GULF/AFRICA
AUSTRALIA/PACIFIC ISLANDS
MEXICO/CENTRAL & SOUTH AMERICA
CANADA
WESTERN EUROPE
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
207©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.16.2 Engine imports by trading regionIn 2012, market share per region of origination for marine engine imports ranked as follows: Asia (83%—the majority of which originated in Japan), Latin America (9%),Western Europe (7%) and Australia/Pacific Islands (1%).
Rank order of import trading partners was unchanged in 2012 from a year ago and remains dominated by Japan.
SOURCE: USITC
Table 7.16.2 Value of U.S. engine imports (in millions)REGION 1996 1997 1998 1999 2000 2001 2002 2003 2004
Japan $299.5 $294.5 $346.8 $497.1 $601.5 $563.4 $694.9 $823.7 $851.2
China $1.65 $1.80 $3.46 $3.63 $2.92 $0.21 $2.02 $2.89 $3.57
Western Europe $33.48 $34.99 $32.54 $36.93 $31.90 $24.18 $32.79 $55.16 $94.00
Mexico $23.72 $19.63 $0.48 $0.06 $15.69 $39.87 $78.36 $114.70 $124.82
Korea $0.24 $0.31 $0.17 $0.39 $2.80 $3.01 $5.21 $8.23 $9.45
Australia/Pacific Islands $3.86 $2.89 $3.62 $2.01 $1.89 $2.22 $1.93 $3.43 $5.38
Southeast Asia $0.70 — $0.01 — $1.17 $0.12 $0.83 $1.96 $7.04
Canada $33.49 $0.28 $0.62 $0.29 $0.68 $0.41 $0.83 $0.61 $0.32
Central America/Caribbean — — — $0.00 $0.01 $0.01 $0.02 $0.01 —
Middle East/Persian Gulf $0.02 — — — — $0.00 $0.01 — —
South Asia — — — — — — $0.01 — —
Taiwan $0.01 — $0.02 $0.00 $0.05 $0.02 $0.02 $0.21 —
South America $0.00 $0.03 $0.06 $0.03 $0.02 $0.10 $0.50 $1.16 $0.52
Africa $0.01 $0.02 $0.00 $0.01 $0.01 — $0.00 — $0.01
Eastern Europe $0.09 $0.04 — — — $2.36 $1.06 $2.76 $3.52
Russia — $0.04 — — $0.01 — — — —
TOTAL $396.7 $354.5 $387.8 $540.5 $658.7 $635.9 $818.5 $1,014.8 $1,099.9
REGION 2005 2006 2007 2008 2009 2010 2011 2012 % OF TOTAL
Japan $998.9 $967.3 $676.2 $632.2 $232.3 $595.3 $637.7 $628.0 70%
China $14.53 $55.59 $50.19 $59.04 $44.1 $74.2 $75.6 $105.2 12%
Western Europe $93.89 $100.43 $119.79 $104.99 $53.7 $70.9 $73.2 $60.1 7%
Mexico $120.94 $116.97 $119.34 $81.58 $36.9 $63.7 $64.2 $80.2 9%
Korea $18.47 $135.85 $37.14 $19.97 $9.8 $14.6 $17.4 $11.0 1%
Australia/Pacific Islands $7.86 $6.65 $13.31 $16.39 $10.1 $11.1 $12.4 $12.2 1%
Southeast Asia $6.39 $6.05 $3.05 $3.18 $2.2 $3.0 $2.9 $3.6 0%
Canada $0.29 $0.19 $0.63 $1.02 $0.7 $0.9 $0.6 $1.6 0%
Central America/Caribbean $0.02 $0.04 $0.06 $0.01 $0.0 $0.0 $0.1 $0.0 0%
Middle East/Persian Gulf $0.12 $0.01 — — $0.0 $0.0 $0.0 $0.0 0%
South Asia $0.00 — $0.04 $0.00 $0.0 $0.4 $0.0 $0.1 0%
Taiwan $0.00 $0.01 $0.04 $0.05 $0.0 $0.0 $0.0 $0.2 0%
South America $0.21 $0.89 $1.70 $0.08 $0.1 $0.0 $0.0 $0.1 0%
Africa $0.01 — $0.05 — — — $0.0 — 0%
Eastern Europe $5.15 $3.57 $3.06 $2.98 $0.3 — — $0.0 0%
Russia — — — — — — — — 0%
TOTAL $1,266.8 $1,393.5 $1,024.6 $921.5 $390.2 $834.4 $884.3 $902.4
Valu
e of
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
$0
$300
$600
$900
$1,200
$1,500
CHART 7.16.2 Major U.S. engine importstrading regions 1996 to 2012
RUSSIA/EASTERN EUROPE
ASIA
MIDDLE EAST/PERSIAN GULF/AFRICA
AUSTRALIA/PACIFIC ISLANDS
MEXICO/CENTRAL & SOUTH AMERICA
CANADA
WESTERN EUROPE
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
208 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.17 U.S. Dollar vs. Canadian Dollar and Euro exchange rates on December 31, 2012In 2012, the purchasing power of the U.S. dollar slightly weakened against the Canadian dollar and Euro. The dollar dropped three cents on the Canadian dollar,but was still below the 16-year average of CAD1.27. The dollar also dropped one cent on the Euro, was nine cents above the record low in 2007, but still belowthe 14-year average of €0.85.
SOURCE: XE
TABLE 7.17 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
US$/CAD EXCHANGE RATE ($1=Xcad) 1.37 1.38 1.48 1.49 1.49 1.55 1.57 1.40 1.30 1.17 1.17 0.99 1.22 1.05 1.00 1.02 0.99
US$/EURO EXCHANGE RATE ($1=X€) 0.80 0.91 0.85 0.94 1.09 1.12 1.06 0.89 0.80 0.84 0.76 0.68 0.72 0.69 0.75 0.77 0.76
U.S.
Dol
lars
CHART 7.17 U.S. dollar vs. Canadian dollarand Euro exchange rates as of December 31st
US/EURO EXCHANGE RATE
US/CD ECHANGE RATE
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12$0.0
$0.5
$1.0
$1.5
$2.0
209©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.18.1 Australia: Export profileIn 2012, U.S. boat and engine exports to Australia totaled $196 million, down 21% from the prior year; Australia ranked third as an export destination for recreationalboats and marine engines (Table 7.15).
Boats accounted for more than 4 of 5 export dollars to Australia. Nearly half (48%) of those boats were classified as “other” (likely PWCs) with an average value of$12,400. Inboard boats followed with 22% share or $35 million of total boat exports and an average value of $31,300.
The majority (70%) of engines exported to Australia were outboard engines, with a total value of more than $26 million and an average value of $2,600.
SOURCE: USITC
TABLE 7.18.1a Value of boat exports of Australia1996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard $169,595 $365,392 $406,615 $55,250 $136,306 $83,514 $71,977 $116,843 $3,138,848
Inboard $7,736,433 $9,627,248 $3,306,644 $6,599,155 $3,129,355 $2,926,520 $1,169,874 $13,993,422 $16,423,779
Sterndrive $4,214,815 $8,363,333 $5,222,113 $6,508,088 $5,844,817 $4,684,144 $5,447,093 $7,184,461 $21,914,952
Sailboats $3,053,861 $3,064,728 $2,595,262 $6,970,243 $4,501,208 $1,570,366 $1,552,174 $1,215,463 $4,233,420
Inflatables $393,521 $183,858 $469,360 $478,743 $261,570 $512,969 $276,429 $296,792 $491,915
Other $1,341,482 $5,223,249 $3,088,354 $4,487,838 $7,161,928 $3,433,286 $10,370,813 $14,852,841 $45,360,763
Rowboats/Canoes $68,753 $37,981 $173,945 $457,834 $250,936 $285,472 $408,533 $386,836 $250,927
TOTAL $16,978,460 $26,865,789 $15,262,293 $25,557,151 $21,286,120 $13,496,271 $19,296,893 $38,046,658 $91,814,604
% OF TOTALBOAT EXPORTS 2.7% 4.0% 2.3% 3.7% 3.2% 2.4% 3.2% 5.1% 8.2%
2005 2006 2007 2008 2009 2010 2011 2012
Outboard $8,866,299 $5,559,761 $5,862,462 $5,325,615 $12,776,628 $8,261,511 $6,153,133 $10,654,810
Inboard $51,579,341 $34,301,747 $30,071,342 $34,624,055 $17,890,507 $57,535,960 $57,993,706 $34,842,012
Sterndrive $25,897,012 $29,078,738 $45,658,158 $38,075,306 $16,999,143 $27,523,946 $29,519,413 $23,316,512
Sailboats $5,920,416 $8,657,002 $9,775,884 $11,922,939 $5,063,096 $10,164,334 $13,535,198 $5,343,680
Inflatables $733,798 $2,069,437 $557,584 $1,328,717 $1,510,801 $867,808 $1,559,009 $101,180
Other $47,359,655 $50,188,064 $52,735,318 $72,722,574 $32,094,909 $92,563,578 $105,329,451 $76,216,813
Rowboats/Canoes $884,556 $2,137,410 $2,870,331 $4,306,690 $5,457,925 $6,815,950 $7,229,576 $8,542,273
TOTAL $141,241,077 $131,992,159 $147,531,079 $168,305,896 $91,793,009 $203,733,087 $221,319,486 $159,017,280
% OF TOTALBOAT EXPORTS 9.0% 7.6% 6.7% 6.8% 6.4% 11.7% 12.7% 9.0%
ROWBOATS/CANOES
OTHER
INFLATABLES
SAILBOATS
STERNDRIVE BOATS
INBOARD BOATS
OUTBOARD BOATS$0
$50
$100
$150
$200
$250
CHART 7.18.1a Value of boat exports to Australia
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
Valu
e of
Exp
orts
, Mill
ions
of U
.S. D
olla
rs
210 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
TABLE 7.18.1b Value of engine exports to Australia1996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard $33,894,655 $30,796,444 $30,869,076 $34,600,347 $40,263,298 $24,555,531 $36,816,351 $42,016,767 $46,195,951
Inboard $7,656,472 $9,938,827 $10,290,681 $9,092,945 $8,904,639 $21,167,304 $9,735,775 $11,135,411 $12,183,359
Sterndrive $2,149,986 $1,985,780 $2,657,660 $5,158,853 $7,658,653 $3,417,064 $7,855,984 $8,012,039 $6,573,863
Hydrojet $5,691 — $10,458 $29,015 — — $5,025 $76,497 $29,944
TOTAL $43,706,804 $42,721,051 $43,827,875 $48,881,160 $56,826,590 $49,139,899 $54,413,135 $61,240,714 $64,983,117
% OF TOTALENGINE EXPORTS 12.7% 11.7% 12.7% 14.6% 14.1% 15.2% 16.4% 18.0% 15.2%
2005 2006 2007 2008 2009 2010 2011 2012
Outboard $53,231,795 $58,829,901 $54,209,218 $33,156,986 $16,312,293 $17,705,684 $16,621,195 $26,100,907
Inboard $13,117,613 $19,599,461 $21,723,534 $11,562,634 $6,613,656 $16,336,980 $8,658,831 $6,827,681
Sterndrive $9,664,514 $5,610,497 $3,471,149 $1,997,287 $1,345,074 $2,696,025 $2,471,419 $4,278,476
Hydrojet $33,321 $5,840 $17,711 $14,626 $54,269 $162,766 $267,220 $48,477
TOTAL $76,047,243 $84,045,699 $79,421,612 $46,731,533 $24,325,292 $36,901,455 $28,018,665 $37,255,541
% OF TOTALENGINE EXPORTS 12.9% 14.1% 11.7% 8.4% 7.7% 8.7% 6.4% 7.9%
HYDROJET
STERNDRIVE
INBOARD
OUTBOARD$0
$20
$40
$60
$80
$100
CHART 7.18.1b Value of engine exportsfrom U.S. to Australia
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
Valu
e of
Eng
ine
Expo
rts,
Mill
ions
of U
.S. D
olla
rs
211©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.18.2 Australia: Import profile$31 million worth of recreational boats and $171,000 worth of marine engines from Australia entered the U.S. market in 2012; Australia ranked seventh among suppliersof recreational boat and marine engine imports to the U.S. (Table 7.16).
Inboard boats accounted for nearly 3 in 4 import dollars, followed by sterndrive boats.
The total value of recreational marine imports from Australia was up 23% in 2012, compared to the prior year. The increase in boat imports was led by a near doublingof inboard boat imports; these craft had an average value of $20,400.
SOURCE: USITC
TABLE 7.18.2a Value of imported boats from Australia1996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard $247,158 $144,271 $14,951 $25,735 $596,503 $2,354 $290,657 $717,510 $636,838
Inboard $8,347,075 $28,670,117 $20,010,721 $15,531,099 $25,318,069 $44,350,049 $31,211,664 $41,495,048 $43,892,440
Sterndrive — $781,809 $6,007,544 $3,938,630 $2,385,877 $736,629 $706,051 $3,803,643 $3,016,018
Sailboats $1,036,287 $1,393,670 $1,767,728 $1,924,105 $5,007,475 $4,202,882 $3,626,666 $1,924,109 $2,349,015
Inflatables $4,361 $15,139 — — — — — — —
Other $4,359 $34,313 $185,625 $12,745 — $20,694 $61,549 $362,419 —
Rowboats/Canoes $3,846 $5,249 $12,285 — $40,810 $43,541 — $370,376 $245,855
TOTAL $9,643,086 $31,044,568 $27,998,854 $21,432,314 $33,348,734 $49,356,149 $35,896,587 $48,673,105 $50,140,166
% OF TOTALBOAT IMPORTS 0.9% 3.7% 3.2% 2.2% 3.1% 4.4% 3.1% 4.0% 4.0%
2005 2006 2007 2008 2009 2010 2011 2012
Outboard — $642,263 $183,675 $5,000 — — — —
Inboard $43,121,936 $46,231,098 $57,938,090 $35,923,698 $15,325,435 $8,208,212 $11,453,768 $22,724,665
Sterndrive $70,135 $2,475,631 $12,761,580 $14,973,632 $6,014,304 $11,421,625 $11,525,736 $5,538,526
Sailboats $1,988,474 $4,316,603 $1,835,651 $14,074,491 $4,578,017 $1,407,422 $557,800 $2,151,039
Inflatables $24,149 $60,236 $2,322 $10,231 $3,643 — — —
Other $56,407 $84,962 $120,952 $670,464 $304,033 $26,306 $413,714 $126,122
Rowboats/Canoes $418,445 $405,213 $837,134 $391,592 $458,964 $562,901 $396,799 $308,313
TOTAL $45,679,546 $54,216,006 $73,679,404 $66,049,108 $26,684,396 $21,626,466 $24,347,817 $30,848,665
% OF TOTALBOAT IMPORTS 3.4% 3.8% 5.0% 5.4% 3.4% 2.9% 2.6% 2.9%
ROWBOATS/CANOES
OTHER
INFLATABLES
SAILBOATS
STERNDRIVE BOATS
INBOARD BOATS
OUTBOARD BOATS$0
$10
$20
$30
$40
$50
$60
$70
$80
CHART 7.18.2a Value of boats importedfrom Australia to U.S. from 1996 to 2012
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
Valu
e of
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
212 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
TABLE 7.18.2b Value of engine imports from Australia1996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard $9,785 $9,499 — — — — $22,186 $20,626 —
Inboard — $321,536 $25,261 $48,799 — $20,139 $28,701 — $48,109
Sterndrive — — — — — — — — —
Hydrojet — — — — — — — — —
TOTAL $9,785 $331,035 $25,261 $48,799 — $20,139 $50,887 $20,626 $48,109
% OF TOTALENGINE IMPORTS 0.0% 0.1% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
2005 2006 2007 2008 2009 2010 2011 2012
Outboard $6,252 $8,991 $8,000 $8,718 $38,329 $3,594 $62,449 $8,900
Inboard $19,204 $13,473 $13,177 $38,702 $6,370 $26,616 — —
Sterndrive — — — — — — — —
Hydrojet — — — — — $376,648 $840,409 $162,552
TOTAL $25,456 $22,464 $21,177 $47,420 $44,699 $406,858 $902,858 $171,452
% OF TOTALENGINE IMPORTS 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.1% 0.0%
Valu
e of
Eng
ine
Impo
rts
in U
.S. D
olla
rs
HYDROJET
STERNDRIVE
INBOARD
OUTBOARD$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
CHART 7.18.2b Value of engines importedfrom Austalia to U.S. from 1996 to 2012
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
213©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.18.3 Australia: Trade balanceHistorically, trade of recreational boat and marine engines between the U.S. and Australia has resulted in a trade surplus. This trade surplus came down to $165 millionin 2012 following record highs the previous 2 years.
9% of total U.S. recreational marine and engine exports landed in Australia while 2% of total imports came from Australia.
SOURCE: USITC
TABLE 7.18.3 Value of total exports and imports from Australia1996 1997 1998 1999 2000 2001 2002 2003
Total Exports from U.S $60,685,264 $69,586,840 $59,090,168 $74,438,311 $78,112,710 $62,636,170 $73,710,028 $99,287,372
Total Imports into U.S. $9,652,871 $31,375,603 $28,024,115 $21,481,113 $33,348,734 $49,376,288 $35,947,474 $48,693,731
Trade Balance $51,032,393 $38,211,237 $31,066,053 $52,957,198 $44,763,976 $13,259,882 $37,762,554 $50,593,641
Percent of Total Exports 6.3% 6.7% 5.8% 7.2% 7.3% 7.1% 7.9% 9.1%
Percent of Total Imports 0.7% 2.6% 2.2% 1.4% 1.9% 2.8% 1.8% 2.2%
2004 2005 2006 2007 2008 2009 2010 2011
Total Exports from U.S $156,797,721 $217,288,320 $216,037,858 $226,952,691 $215,037,429 $116,118,301 $240,634,542 $249,338,151
Total Imports into U.S. $50,188,275 $45,705,002 $54,238,470 $73,700,581 $66,096,528 $26,729,095 $22,033,324 $25,250,675
Trade Balance $106,609,446 $171,583,318 $161,799,388 $153,252,110 $148,940,901 $89,389,206 $218,601,218 $224,087,476
Percent of Total Exports 10.1% 10.1% 9.2% 7.9% 7.1% 6.6% 11.1% 11.5%
Percent of Total Imports 2.1% 1.7% 1.9% 3.0% 3.1% 2.3% 1.4% 1.4%
2012
Total Exports from U.S $196,272,821
Total Imports into U.S. $31,020,117
Trade Balance $165,252,704
Percent of Total Exports 8.8%
Percent of Total Imports 1.6%
CHART 7.18.3 Australia trade balance from 1996 to 2012
Expo
rts/
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
$0
$50
$100
$150
$200
$250
TOTAL EXPORTS
TOTAL IMPORTS
TRADE BALANCETrad
e Ba
lanc
e, M
illio
ns o
f U.S
. Dol
lars
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12$0
$50
$100
$150
$200
$250
214 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.18.4 Canada: Export profileRecreational boat and marine engine exports to Canada grew for the fourth consecutive year in 2012. Canada remained the top destination for U.S. recreational boatand marine engine exports; 1 in 3 export dollars went to Canada in 2012 (Table 7.15).
The total value of exports rose 8% to $690 million in 2012, led by a $40 million increase in sterndrive boats; these craft had an average value of $24,000. This increasewas offset by a $6 million decline in inboard boats; the average export value of these craft was $54,500.
Marine engine exports to Canada totaled $99 million in 2012, led by a $14 million increase in outboard engine exports, offset by a $9 million decrease in inboard engine exports.
Outboard engines accounted for more than 9 of 10 marine engine export dollars.
SOURCE: USITC
TABLE 7.18.4a Value of boat exports to Canada1996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard $21,738,562 $26,661,483 $26,737,723 $29,063,489 $33,724,867 $28,964,105 $29,018,613 $35,842,375 $45,005,748
Inboard $59,062,151 $76,262,409 $93,317,806 $103,080,196 $108,744,620 $86,838,568 $94,347,849 $113,868,120 $155,063,174
Sterndrive $42,331,573 $54,584,823 $57,446,481 $67,672,017 $73,195,423 $50,345,761 $56,035,673 $83,541,572 $110,517,342
Sailboats $8,582,802 $10,310,534 $13,674,915 $11,753,100 $13,314,661 $14,400,292 $18,331,757 $21,114,779 $25,870,444
Inflatables $450,317 $571,696 $448,735 $971,160 $790,158 $937,079 $918,057 $1,157,689 $929,142
Other $6,577,056 $6,784,777 $10,894,651 $11,808,964 $11,699,432 $11,607,304 $12,412,239 $12,213,241 $16,915,481
Rowboats/Canoes $2,170,887 $2,060,923 $1,337,013 $1,819,107 $2,076,627 $1,771,251 $1,252,894 $1,614,858 $1,867,991
TOTAL $140,913,348 $177,236,645 $203,857,324 $226,168,033 $243,545,788 $194,864,360 $212,317,082 $269,352,634 $356,169,322
% OF TOTALBOAT EXPORTS 22.5% 26.1% 30.2% 32.4% 36.8% 34.8% 35.4% 36.0% 31.6%
2005 2006 2007 2008 2009 2010 2011 2012
Outboard $60,182,662 $74,106,485 $110,504,550 $142,416,446 $70,743,729 $93,191,140 $113,246,643 $137,739,256
Inboard $200,435,799 $249,749,335 $341,850,996 $322,589,752 $218,773,223 $241,470,031 $221,248,869 $195,426,659
Sterndrive $143,358,540 $185,861,717 $200,652,260 $194,350,089 $80,079,038 $118,602,382 $122,693,112 $162,695,315
Sailboats $32,237,084 $41,185,702 $37,952,154 $39,195,427 $20,574,781 $25,951,216 $31,290,745 $25,268,044
Inflatables $1,208,500 $1,409,392 $2,104,815 $1,873,044 $2,026,454 $2,053,150 $2,534,873 $2,451,324
Other $26,663,397 $36,612,755 $45,964,970 $47,954,600 $36,173,951 $44,692,354 $51,719,439 $66,135,002
Rowboats/Canoes $2,615,793 $2,865,860 $2,231,916 $3,505,578 $2,176,359 $2,207,003 $1,954,004 $2,331,231
TOTAL $466,701,775 $591,791,246 $741,261,661 $751,884,936 $430,547,535 $528,167,276 $544,687,685 $592,046,831
% OF TOTALBOAT EXPORTS 29.7% 33.9% 33.6% 30.5% 30.0% 30.4% 31.3% 33.4%
ROWBOATS/CANOES
OTHER
INFLATABLES
SAILBOATS
STERNDRIVE BOATS
INBOARD BOATS
OUTBOARD BOATS$0
$100
$200
$300
$400
$500
$600
$700
$800
CHART 7.18.4a Value of boat exports from U.S. to Canadaby boat type from 1996 to 2012
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
Valu
e of
Exp
orts
, Mill
ions
of U
.S. D
olla
rs
215©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
TABLE 7.18.4b Value of engine exports to Canada1996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard $44,259,741 $38,486,926 $59,875,889 $58,801,784 $50,259,037 $36,097,184 $46,488,291 $42,932,888 $50,701,825
Inboard $6,313,878 $20,150,767 $26,528,023 $26,975,210 $24,167,377 $19,312,474 $19,165,128 $19,787,679 $19,021,304
Sterndrive $12,723,042 $4,284,734 $1,609,648 $1,099,485 $1,053,202 $2,598,887 $1,683,181 $1,821,129 $2,140,958
Hydrojet $215,953 $182,694 $218,155 $250,141 $53,454 $218,008 $135,528 $219,046 $171,483
TOTAL $63,512,614 $63,105,121 $88,231,715 $87,126,620 $75,533,070 $58,226,553 $67,472,128 $64,760,742 $72,035,570
% OF TOTALENGINE EXPORTS 18.5% 17.3% 25.6% 26.0% 18.8% 18.0% 20.3% 19.1% 16.9%
2005 2006 2007 2008 2009 2010 2011 2012
Outboard 58,538,914 $52,330,698 $61,315,282 $68,598,343 $40,172,927 $63,888,247 $74,497,012 $88,915,077
Inboard $16,902,561 $13,984,130 $11,089,945 $10,751,589 $4,113,491 $5,708,257 $15,223,441 $5,730,792
Sterndrive $6,330,148 $5,780,154 $8,994,811 $5,640,108 $2,374,130 $3,284,195 $2,527,572 $3,553,319
Hydrojet $151,606 $331,880 $532,303 $724,175 $795,162 $792,089 $1,030,349 —
TOTAL $81,923,229 $72,426,862 $81,932,341 $85,714,215 $47,455,710 $73,672,788 $93,278,374 $98,199,188
% OF TOTALENGINE EXPORTS 13.9% 12.1% 12.1% 15.5% 14.9% 17.3% 21.4% 20.9%
HYDROJET
STERNDRIVE
INBOARD
OUTBOARD$0
$20
$40
$60
$80
$100
CHART 7.18.4b Value of engine exportsfrom U.S. to Canada from 1996 to 2012
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
Valu
e of
Eng
ine
Expo
rts,
Mill
ions
of U
.S. D
olla
rs
216 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.18.5 Canada: Import profileCanada ranked third among suppliers of recreational boat and marine engines to the U.S., accounting for more than 1 in 4 boat import dollars.
Total boat imports from Canada grew 3% in 2012. A $35 million increase in imports of boats classified as “other” (likely PWCs), with an average value of $7,000($189 million/27,096 units) coupled with a $34 million decline in imports of boats classified as inboards suggests a reclassification issue, likely of PWCs.
$1.6 million in marine engines, primarily inboards, entered the U.S. from Canada in 2012, nearly triple the total from the previous year.
SOURCE: USITC
TABLE 7.18.5a Value of import boats from Canada1996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard $9,030,490 $7,949,321 $10,147,850 $13,775,318 $17,594,713 $14,095,212 $18,257,084 $20,709,749 $21,473,019
Inboard $65,207,547 $52,862,134 $52,325,339 $69,148,452 $60,332,814 $92,445,697 $108,513,620 $106,174,940 $80,645,991
Sterndrive $13,857,632 $14,170,254 $23,167,501 $27,359,588 $36,916,600 $44,689,829 $32,491,411 $42,249,425 $37,280,419
Sailboats $11,006,790 $9,188,293 $11,647,755 $13,331,769 $12,575,828 $13,802,405 $12,473,559 $12,959,642 $18,637,861
Inflatables $1,709,641 $1,494,537 $424,567 $140,456 $207,510 $308,779 $631,893 $344,008 $321,884
Other $509,029,820 $351,751,805 $232,793,549 $201,209,869 $213,106,727 $238,027,396 $262,598,589 $196,016,708 $212,854,529
Rowboats/Canoes $8,010,185 $9,586,851 $15,020,381 $17,441,944 $22,118,151 $23,135,171 $22,821,502 $23,212,735 $21,083,396
TOTAL $617,852,105 $447,003,195 $345,526,942 $342,407,396 $362,852,343 $426,504,489 $457,787,658 $401,667,207 $392,297,099
% OF TOTALBOAT IMPORTS 60.5% 53.5% 39.5% 34.8% 33.8% 38.3% 39.5% 33.3% 31.5%
2005 2006 2007 2008 2009 2010 2011 2012
Outboard $21,136,655 $24,756,651 $20,378,060 $14,695,808 $8,242,506 $7,453,794 $8,218,802 $9,962,857
Inboard $57,819,161 $74,688,459 $41,254,975 $38,078,292 $17,459,695 $32,865,300 $52,116,305 $18,062,500
Sterndrive $48,600,778 $22,852,653 $17,368,625 $14,075,360 $9,078,950 $3,434,604 $2,078,696 $1,573,678
Sailboats $9,345,333 $12,504,502 $9,596,823 $4,631,038 $2,546,380 $3,237,537 $2,289,093 $3,634,895
Inflatables $259,746 $557,762 $233,270 $963,315 $2,884,745 $5,233,160 $2,030,487 $5,303,069
Other $244,725,356 $295,913,894 $289,096,158 $296,151,421 $133,693,946 $92,843,488 $153,371,493 $188,526,641
Rowboats/Canoes $18,664,587 $21,435,914 $28,782,487 $29,679,612 $32,776,305 $42,310,243 $42,011,979 $42,937,494
TOTAL $400,551,616 $452,709,835 $406,710,398 $398,274,846 $206,682,527 $187,378,126 $262,116,855 $270,001,134
% OF TOTALBOAT IMPORTS 29.7% 31.8% 27.7% 32.3% 26.2% 24.7% 28.0% 25.4%
$0
$100
$200
$300
$400
$500
$600
$700
$800
ROWBOATS/CANOES
OTHER
INFLATABLES
SAILBOATS
STERNDRIVE BOATS
INBOARD BOATS
OUTBOARD BOATS
CHART 7.18.5a Value of boats importedfrom Canada to U.S. from 1996 to 2012
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
Valu
e of
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
217©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
TABLE 7.18.5b Value of engine imports to Canada1996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard $113,361 $47,896 $62,476 $73,131 $159,476 $114,964 $253,070 $111,403 $144,071
Inboard $33,010,393 $186,691 $310,850 $121,022 $246,989 $126,372 $390,939 $227,921 $102,434
Sterndrive $334,129 $7,260 $15,005 $18,584 $137,396 $37,835 $7,210 $153,143 —
Hydrojet $34,408 $34,809 $235,510 $78,512 $138,012 $133,844 $180,065 $118,905 $68,945
TOTAL $33,492,291 $276,656 $623,841 $291,249 $681,873 $413,015 $831,284 $611,372 $315,450
% OF TOTALENGINE IMPORTS 8.4% 0.1% 0.2% 0.1% 0.1% 0.1% 0.1% 0.1% 0.0%
2005 2006 2007 2008 2009 2010 2011 2012
Outboard $97,041 $48,146 $7,377 $17,290 $3,026 $192,718 $75,216 $10,999
Inboard $145,841 $141,689 $98,288 $82,823 $212,835 $307,929 $147,698 $1,087,282
Sterndrive $15,336 — $508,259 $7,401 $7,957 $25,923 $25,684 $27,062
Hydrojet $29,090 — $14,236 $915,526 $515,691 $378,078 $394,162 $499,638
TOTAL $287,308 $189,835 $628,160 $1,023,040 $739,509 $904,648 $642,760 $1,624,981
% OF TOTALENGINE IMPORTS 0.0% 0.0% 0.1% 0.1% 0.2% 0.1% 0.1% 0.2%
HYDROJET
STERNDRIVE
INBOARD
OUTBOARD
CHART 7.18.5b Value of engines importedfrom Canada to U.S. from 1996 to 2012
$0
$5
$10
$15
$20
$25
$30
$35
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
Valu
e of
Eng
ine
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
218 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.18.6 Canada: Trade balanceRecreational boat and marine engine trade between the U.S. and Canada has resulted in a trade surplus since 2004.
In 2012, exports (8%) outpaced imports (3%) resulting in an increase of the trade surplus to $419 million.
31% of total U.S. recreational boat and marine engine exports landed in Canada in 2012 while 14% of total imports came from Canada.
SOURCE: USITC
TABLE 7.18.6 Value of total exports and imports from Canada1996 1997 1998 1999 2000 2001 2002 2003
Total Exports from U.S $204,425,962 $240,341,766 $292,089,039 $313,294,653 $319,078,858 $253,090,913 $279,789,210 $334,113,376
Total Imports into U.S. $651,344,396 $447,279,851 $346,150,783 $342,698,645 $363,534,216 $426,917,504 $458,618,942 $402,278,579
Trade Balance -$446,918,434 -$206,938,085 -$54,061,744 -$29,403,992 -$44,455,358 -$173,826,591 -$178,829,732 -$68,165,203
Percent of Total Exports 21.1% 23.0% 28.6% 30.3% 30.0% 28.7% 30.0% 30.7%
Percent of Total Imports 45.9% 37.6% 27.4% 22.5% 21.0% 24.4% 23.2% 18.1%
2004 2005 2006 2007 2008 2009 2010 2011
Total Exports from U.S $428,204,892 $548,625,004 $664,218,108 $823,194,002 $837,599,151 $478,003,245 $601,840,064 $637,966,059
Total Imports into U.S. $392,612,549 $400,838,924 $452,899,670 $407,338,558 $399,297,886 $207,422,036 $188,282,774 $262,759,615
Trade Balance $35,592,343 $147,786,080 $211,318,438 $415,855,444 $438,301,265 $270,581,209 $413,557,290 $375,206,444
Percent of Total Exports 27.6% 25.4% 28.3% 28.6% 27.7% 27.3% 27.8% 29.3%
Percent of Total Imports 16.7% 15.3% 16.1% 16.4% 18.5% 17.6% 11.8% 14.4%
2012
Total Exports from U.S $690,246,019
Total Imports into U.S. $271,626,115
Trade Balance $418,619,904
Percent of Total Exports 30.8%
Percent of Total Imports 13.8%
Expo
rts/
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
CHART 7.18.6 Canada trade balancefrom 1996 to 2012
$-1,000
$-750
$-500
$-250
$0
$250
$500
$750
$1,000
TOTAL EXPORTS
TOTAL IMPORTS
TRADE BALANCETrad
e Ba
lanc
e, M
illio
ns o
f U.S
. Dol
lars
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12$-1,000
$-750
$-500
$-250
$0
$250
$500
$750
$1,000
219©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.18.7 Japan: Export profileJapan ranked 9th as a regional export destination for recreational boat and marine engine exports in 2012 with $59 million in boats and $1million in engines landing in Japan.
Total exports were up 73% from a year ago, led by a $21 million increase in exports of boats classified as "other" (likely PWC's) with an average value of $18,000.Inboard boats followed, up by $4 million from 2011, with an average export value of $181,000.
SOURCE: USITC
TABLE 7.18.7a Value of boat exports from Japan1996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard $4,856,453 $3,006,393 $2,894,340 $3,830,674 $5,341,256 $4,241,693 $1,825,495 $1,581,880 $1,786,386
Inboard $21,157,964 $16,684,676 $8,279,170 $13,763,587 $14,615,070 $10,569,115 $8,647,691 $9,477,362 $2,594,187
Sterndrive $7,950,447 $9,386,619 $5,323,080 $6,491,234 $6,767,953 $7,104,465 $2,134,217 $2,192,833 $2,152,978
Sailboats $6,189,284 $2,497,033 $1,734,261 $2,129,354 $2,306,984 $2,113,186 $1,161,145 $235,426 $2,916,073
Inflatables $575,739 $128,288 $177,154 $221,852 $416,269 $307,326 $21,509 $226,169 $115,366
Other $16,293,605 $24,292,959 $22,132,471 $20,458,607 $22,028,357 $11,153,580 $7,390,937 $10,220,046 $24,853,999
Rowboats/canoes $3,745,220 $2,734,821 $1,730,033 $1,789,667 $2,091,701 $1,323,104 $1,659,356 $1,280,593 $1,101,337
TOTAL $60,768,712 $58,730,789 $42,270,509 $48,684,975 $53,567,590 $36,812,469 $22,840,350 $25,214,309 $35,520,326
% OF TOTALBOAT EXPORTS 9.7% 8.7% 6.3% 7.0% 8.1% 6.6% 3.8% 3.4% 3.2%
2005 2006 2007 2008 2009 2010 2011 2012
Outboard $1,211,022 $1,938,999 $1,622,080 $1,426,517 $2,195,155 $1,659,699 $3,302,508 $5,800,482
Inboard $3,675,908 $7,785,919 $3,550,544 $12,715,149 $4,934,648 $2,595,765 $4,935,305 $8,706,251
Sterndrive $3,421,544 $5,255,710 $5,501,798 $4,525,695 $1,191,564 $1,484,077 $2,424,796 $2,125,386
Sailboats $2,653,455 $925,096 $599,389 $2,110,163 $2,077,072 $1,770,785 $2,353,626 $1,697,832
Inflatables $103,693 $45,565 $302,584 $140,023 $73,826 $209,668 $164,821 $215,381
Other $32,310,652 $28,093,455 $41,155,472 $20,234,206 $9,584,210 $13,470,515 $18,373,374 $39,389,137
Rowboats/canoes $544,728 $898,570 $1,014,784 $733,150 $710,112 $1,122,242 $1,175,597 $1,261,424
TOTAL $43,921,002 $44,943,314 $53,746,651 $41,884,903 $20,766,587 $22,312,751 $32,730,027 $59,195,893
% OF TOTALBOAT EXPORTS 2.8% 2.6% 2.4% 1.7% 1.4% 1.3% 1.9% 3.3%
ROWBOATS/CANOES
OTHER
INFLATABLES
SAILBOATS
STERNDRIVE BOATS
INBOARD BOATS
OUTBOARD BOATS$0
$10
$20
$30
$40
$50
$60
$70
$80
CHART 7.18.7a Value of boats exportedfrom U.S. to Japan by boat type from 1996 to 2012
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
Valu
e of
Boa
t Exp
orts
, Mill
ions
of U
.S. D
olla
rs
220 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
TABLE 7.18.7b Value of engine exports to Japan1996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard $5,195,984 $4,165,385 $2,791,262 $5,173,264 $2,891,042 $2,350,286 $1,286,476 $4,701,162 $1,506,042
Inboard $1,142,980 $1,427,556 $662,607 $355,042 $708,125 $257,746 $239,430 $957,955 $808,548
Sterndrive $990,844 $1,000,413 $486,079 $597,051 $402,087 $427,076 $301,941 $488,869 $405,740
Hydrojet $7,660 $9,326 $49,586 $73,433 — — — — $2,780
TOTAL $7,337,468 $6,602,680 $3,989,534 $6,198,790 $4,001,254 $3,035,108 $1,827,847 $6,147,986 $2,723,110
% OF TOTALENGINE EXPORTS 2.1% 1.8% 1.2% 1.8% 1.0% 0.9% 0.5% 1.8% 0.6%
2005 2006 2007 2008 2009 2010 2011 2012
Outboard $2,361,660 $2,408,227 $2,156,305 $1,441,071 $2,941,357 $1,591,580 $1,539,698 $782,864
Inboard $5,046,386 $1,643,529 $1,773,866 $2,691,289 $1,856,285 $937,339 $557,285 $159,505
Sterndrive $264,818 $317,266 $284,889 $488,406 $146,987 $111,588 $155,028 $278,078
Hydrojet — $10,474 $99,214 $64,337 — $5,000 $4,790 —
TOTAL $7,672,864 $4,379,496 $4,314,274 $4,685,103 $4,944,629 $2,645,507 $2,256,801 $1,220,447
% OF TOTALENGINE EXPORTS 1.3% 0.7% 0.6% 0.8% 1.6% 0.6% 0.5% 0.3%
HYDROJET
STERNDRIVE
INBOARD
OUTBOARD $0
$1
$2
$3
$4
$5
$6
$7
$8
CHART 7.18.7b Value of engines exportedfrom U.S. to Japan from 1996 to 2012
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
Valu
e of
Eng
ine
Expo
rts,
Mill
ions
of U
.S. D
olla
rs
221©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.18.8 Japan: Import profileJapan was the leading trading partner for boat and marine engine imports in 2012. Nearly 7 in 10 engine import dollars entering the U.S. came from Japan.
Boat imports from Japan grew 4% in 2012. A $45 million gain in imports of hydrojet engines entering the U.S. was offset by a $52 million decrease in inboard engineimports.
Japanese outboard engine imports fell by $6 million in 2012, and accounted for slightly more than 4 in 5 marine engine import dollars.
SOURCE: USITC
TABLE 7.18.8a Value of import boats from Japan1996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard — $80,585 $23,730 — $23,935 $4,817 $91,865 $537,675 $43,864
Inboard $12,000 $1,127,874 $7,253,516 $3,861 $8,318,417 $17,086,173 $11,391,553 $15,517,574 $1,894,888
Sterndrive — $7,809 — $6,088,499 — $156,846 $51,120 $4,000 —
Sailboats $463,056 — $37,380 $22,200 $14,400 $219,700 $49,947 $8,000 $370,000
Inflatables $838,592 $748,640 $1,398,660 $882,061 $2,432,178 $1,893,174 $1,575,208 $1,584,471 $1,239,310
Other $77,143,342 $28,726,164 $19,447,339 $22,260,115 $28,554,251 $16,164,867 $66,630,046 $17,471,855 $22,307,591
Rowboats/Canoes $11,160 — — $10,028 $85,528 — $39,235 $25,413 $12,026
TOTAL $78,468,150 $30,691,072 $28,160,625 $29,266,764 $39,428,709 $35,525,577 $79,828,974 $35,148,988 $25,867,679
% OF TOTALBOAT IMPORTS 7.7% 3.7% 3.2% 3.0% 3.7% 3.2% 6.9% 2.9% 2.1%
2005 2006 2007 2008 2009 2010 2011 2012
Outboard $4,040 — $104,842 $32,074 $7,698 $18,045 $5,998 $2,355
Inboard — $2,338 $7,776 — — — — $2,503,777
Sterndrive $16,758 — $26,727 $102,436 — — — —
Sailboats — — $200,000 — $11,358 — $55,173 $10,000
Inflatables $1,065,287 $2,200,401 $1,727,152 $1,636,615 $1,236,769 $1,037,203 $1,250,429 $1,077,273
Other $15,932,761 $18,067,977 $31,504,436 $37,165,721 $21,426,147 $17,375,832 $25,144,341 $23,834,076
Rowboats/Canoes $20,526 — — — — $3,372 — —
TOTAL $17,039,372 $20,270,716 $33,570,933 $38,936,846 $22,681,972 $18,434,452 $26,455,941 $27,427,481
% OF TOTALBOAT IMPORTS 1.3% 1.4% 2.3% 3.2% 2.9% 2.4% 2.8% 2.6%
ROWBOATS/CANOES
OTHER
INFLATABLES
SAILBOATS
STERNDRIVE BOATS
INBOARD BOATS
OUTBOARD BOATS$0
$10
$20
$30
$40
$50
$60
$70
$80
CHART 7.18.8a Value of boats importedfrom Japan to U.S. from 1996 to 2012
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
Valu
e of
Boa
t Im
port
s, M
illio
ns o
f U.S
. Dol
lars
222 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
TABLE 7.18.8b Value of engine imports from Japan1996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard $169,029,132 $198,882,856 $266,550,126 $393,048,461 $461,134,005 $449,318,458 $587,152,379 $673,473,021 $742,547,216
Inboard $109,379,658 $70,298,367 $60,118,602 $77,515,551 $113,366,524 $97,844,551 $100,057,967 $135,864,303 $89,409,115
Sterndrive $3,609,327 $10,477,320 $17,092,530 $24,400,900 $25,515,216 $16,211,042 $7,674,409 $14,241,508 $18,968,972
Hydrojet $17,461,003 $14,808,641 $3,081,960 $2,170,631 $1,494,339 — — $119,236 $306,329
TOTAL $299,479,120 $294,467,184 $346,843,218 $497,135,543 $601,510,084 $563,374,051 $694,884,755 $823,698,068 $851,231,632
% OF TOTAL
ENGINE IMPORTS 75.5% 83.1% 89.4% 92.0% 91.3% 88.6% 84.9% 81.2% 77.4%
2005 2006 2007 2008 2009 2010 2011 2012
Outboard $914,031,005 $885,659,398 $589,844,639 $488,479,507 $156,288,782 $503,492,017 $515,916,432 $509,478,206
Inboard $53,805,369 $54,685,768 $53,789,944 $120,179,509 $68,783,469 $74,194,043 $74,840,976 $22,929,562
Sterndrive $30,802,594 $26,749,334 $30,448,892 $23,017,610 $6,876,918 $17,219,509 $19,499,413 $23,015,433
Hydrojet $274,038 $156,090 $2,095,778 $563,668 $361,356 $444,194 $27,485,821 $72,580,044
TOTAL $998,913,006 $967,250,590 $676,179,253 $632,240,294 $232,310,525 $595,349,763 $637,742,642 $628,003,245
% OF TOTAL
ENGINE IMPORTS 78.9% 69.4% 66.0% 68.6% 59.5% 71.3% 72.1% 69.6%
HYDROJET
STERNDRIVE
INBOARD
OUTBOARD $0
$200
$400
$600
$800
$1,000
CHART 7.18.8b Value of engines importedfrom Japan to U.S. from 1996 to 2012
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
Valu
e of
Eng
ine
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
223©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.18.9 Japan: Trade balanceThe U.S. trade deficit with Japan improved by $34 million in 2012, reflecting a 73% jump in exports.
3% of total U.S. recreational marine and engine exports landed in Japan in 2012 while 33% of total imports came from Japan.
SOURCE: USITC
TABLE 7.18.9 Value of total exports and imports from Japan1996 1997 1998 1999 2000 2001 2002 2003
Total Exports from U.S $68,106,180 $65,333,469 $46,260,043 $54,883,765 $57,568,844 $39,847,577 $24,668,197 $31,362,295
Total Imports into U.S. $377,947,270 $325,158,256 $375,003,843 $526,402,307 $640,938,793 $598,899,628 $774,713,729 $858,847,056
Trade Balance -$309,841,090 -$259,824,787 -$328,743,800 -$471,518,542 -$583,369,949 -$559,052,051 -$750,045,532 -$827,484,761
Percent of Total Exports 7.0% 6.3% 4.5% 5.3% 5.4% 4.5% 2.6% 2.9%
Percent of Total Imports 26.7% 27.3% 29.7% 34.5% 37.0% 34.2% 39.2% 38.7%
2004 2005 2006 2007 2008 2009 2010 2011
Total Exports from U.S $38,243,436 $51,593,866 $49,322,810 $58,060,925 $46,570,006 $25,711,216 $24,958,258 $34,986,828
Total Imports into U.S. $877,099,311 $1,015,952,378 $987,521,306 $709,750,186 $671,177,140 $254,992,497 $613,784,215 $664,198,583
Trade Balance -$838,855,875 -$964,358,512 -$938,198,496 -$651,689,261 -$624,607,134 -$229,281,281 -$588,825,957 -$629,211,755
Percent of Total Exports 2.5% 2.4% 2.1% 2.0% 1.5% 1.5% 1.2% 1.6%
Percent of Total Imports 37.4% 38.8% 35.1% 28.5% 31.2% 21.6% 38.6% 36.5%
2012
Total Exports from U.S $60,416,340
Total Imports into U.S. $655,430,726
Trade Balance -$595,014,386
Percent of Total Exports 2.7%
Percent of Total Imports 33.3%
$-1,200
$-900
$-600
$-300
$0
$300
$600
$900
$1,200
Expo
rts/
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
CHART 7.18.9 Japan trade balancefrom 1996 to 2012
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
TOTAL EXPORTS
TOTAL IMPORTS
TRADE BALANCETrad
e Ba
lanc
e De
ficit,
Mill
ions
of U
.S. D
olla
rs
$-1,200
$-900
$-600
$-300
$0
$300
$600
$900
$1,200
224 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.18.10 Mexico: Export profileIn 2012, $84 million in U.S. boat exports (up 47% from a year ago) and $26 million in engine exports (up 24%) went to Mexico. Total exports were up 41% from a year ago.
71% of boat exports were classified as “other” with an average value of $96,000.
Nearly 3 in 4 engines exported to Mexico were outboards. Mexico ranked seventh as a destination for U.S. recreational boats and marine engines (Table 7.15).
SOURCE: USITC
TABLE 7.18.10a Value of boat exports to Mexico1996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard $1,201,206 $1,061,733 $1,233,926 $963,459 $839,940 $994,817 $2,095,063 $3,348,341 $2,855,943
Inboard $1,545,888 $5,817,440 $6,517,680 $3,370,567 $8,798,500 $14,858,175 $6,955,295 $40,320,033 $59,125,432
Sterndrive $1,641,007 $1,861,672 $4,998,933 $6,169,011 $3,985,089 $2,513,864 $3,701,519 $2,413,983 $6,234,056
Sailboats $467,127 $858,097 $919,242 $888,966 $328,567 $753,805 $695,607 $1,429,436 $1,504,586
Inflatables $376,577 $396,890 $421,748 $465,929 $614,980 $505,059 $212,736 $270,547 $220,984
Other $4,900,845 $4,273,145 $4,273,806 $4,873,004 $4,732,530 $3,290,939 $38,260,025 $7,523,710 $4,511,374
Rowboats/Canoes $725,313 $695,498 $88,517 $188,466 $189,567 $174,032 $254,264 $225,970 $127,874
TOTAL $10,857,963 $14,964,475 $18,453,852 $16,919,402 $19,489,173 $23,090,691 $52,174,509 $55,532,020 $74,580,249
% OF TOTALBOAT EXPORTS 1.7% 2.2% 2.7% 2.4% 2.9% 4.1% 8.7% 7.4% 6.6%
2005 2006 2007 2008 2009 2010 2011 2012
Outboard $1,865,513 $1,507,781 $2,867,969 $6,142,719 $3,738,015 $2,032,780 $1,609,945 $1,909,370
Inboard $66,476,630 $14,942,856 $3,048,112 $13,466,262 $21,815,757 $21,560,941 $20,565,637 $13,860,186
Sterndrive $2,381,014 $2,557,468 $2,692,788 $4,490,137 $2,589,194 $3,769,249 $7,192,061 $4,423,447
Sailboats $4,107,125 $2,058,902 $2,657,698 $3,448,251 $2,818,237 $2,421,238 $1,981,740 $3,375,382
Inflatables $177,814 $88,424 $343,147 $420,037 $517,437 $179,214 $373,476 $572,177
Other $13,256,105 $46,854,321 $51,294,608 $34,779,482 $30,583,290 $43,374,880 $25,126,818 $59,299,750
Rowboats/Canoes $138,854 $538,179 $367,385 $182,419 $253,645 $952,869 $442,322 $632,163
TOTAL $88,403,055 $68,547,931 $63,271,707 $62,929,307 $62,315,575 $74,291,171 $57,291,999 $84,072,475
% OF TOTALBOAT EXPORTS 5.6% 3.9% 2.9% 2.6% 4.3% 4.3% 3.3% 4.7%
CHART 7.18.10a Value of boats exportedfrom U.S. to Mexico by boat type from 1996 to 2012
ROWBOATS/CANOES
OTHER
INFLATABLES
SAILBOATS
STERNDRIVE BOATS
INBOARD BOATS
OUTBOARD BOATS$0
$20
$40
$60
$80
$100
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
Valu
e of
Boa
t Eng
ine
Expo
rts,
Mill
ions
of U
.S. D
olla
rs
225©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
TABLE 7.18.10b Value of engine exports to Mexico1996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard $8,417,538 $12,824,263 $8,367,531 $8,010,316 $8,575,482 $6,647,287 $4,580,247 $4,472,193 $3,337,297
Inboard $1,735,744 $4,704,963 $4,439,730 $3,806,026 $2,587,024 $2,661,406 $4,673,180 $8,516,862 $6,183,409
Sterndrive $112,194 $194,718 $484,683 $417,807 $878,355 $236,903 $147,426 $341,698 $4,852,933
Hydrojet $33,219 $627,333 $236,338 $146,424 $61,495 $142,077 $136,469 $263,479 $458,113
TOTAL $10,298,695 $18,351,277 $13,528,282 $12,380,573 $12,102,356 $9,687,673 $9,537,322 $13,594,232 $14,831,752
% OF TOTALENGINE EXPORTS 3.0% 5.0% 3.9% 3.7% 3.0% 3.0% 2.9% 4.0% 3.5%
2005 2006 2007 2008 2009 2010 2011 2012
Outboard $2,907,727 $2,980,532 $4,066,654 $4,142,177 $5,327,472 $13,281,167 $15,993,793 $18,757,317
Inboard $2,935,922 $4,280,048 $3,345,871 $1,897,775 $1,469,409 $1,643,540 $1,999,271 $3,164,899
Sterndrive $42,694,606 $42,697,773 $36,550,054 $11,061,432 $1,622,164 $2,471,157 $1,383,341 $1,135,984
Hydrojet $490,024 $1,425,611 $795,166 $869,629 $489,641 $2,885,379 $1,158,426 $2,452,208
TOTAL $49,028,279 $51,383,964 $44,757,745 $17,971,013 $8,908,686 $20,281,243 $20,534,831 $25,510,408
% OF TOTALENGINE EXPORTS 8.3% 8.6% 6.6% 3.2% 2.8% 4.8% 4.7% 5.4%
CHART 7.18.10b Value of engines exportedfrom U.S. to Mexico from 1996 to 2012
HYDROJET
STERNDRIVE
INBOARD
OUTBOARD$0
$10
$20
$30
$40
$50
$60
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
Valu
e of
Eng
ine
Expo
rts,
Mill
ions
of U
.S. D
olla
rs
226 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.18.11 Mexico: Import profile$47 million worth of boats and $80.2 million worth of engines were imported from Mexico to the U.S. in 2012. An overwhelming majority (89%) of imported boatswere sterndrives.
$67 million worth of inboard engines entered the U.S. from Mexico, followed by $7.4 million in outboard engines. The total value of all recreational boat and marineengines imported from Mexico in 2012 increased 1% from a year ago. Mexico ranked fifth among origination countries (Table 7.16).
SOURCE: USITC
TABLE 7.18.11a Value of imported boats from Mexico1996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard $236,085 $377,584 $434,804 $139,268 $223,797 $3,122 $61,415 $147,628 $271,707
Inboard — — — — $13,525 $8,400 $7,585 $63,691 $2,500
Sterndrive — — $24,000 — $54,400 — $11,317,412 $41,791,888 $62,737,135
Sailboats $12,000 $11,500 $11,495 — — — — $8,349 —
Inflatables $5,461 — — $327,977 $1,251,525 $1,158,487 $1,243,275 $1,236,943 $1,293,718
Other — $37,922 $7,900 $25,684 $6,300 — $6,000 — $15,623
Rowboats/Canoes $87,673 $104,995 $106,080 $126,511 $137,698 $114,955 $98,470 $160,976 $123,985
TOTAL $341,219 $532,001 $584,279 $619,440 $1,687,245 $1,284,964 $12,734,157 $43,409,475 $64,444,668
% OF TOTALBOAT IMPORTS 0.0% 0.1% 0.1% 0.1% 0.2% 0.1% 1.1% 3.6% 5.2%
2005 2006 2007 2008 2009 2010 2011 2012
Outboard $364,477 $111,923 $264,187 $182,456 — — — $2,061,824
Inboard $1,555,568 $434,016 $12,000 — — — $2,100,000 $119,655
Sterndrive $76,678,046 $106,192,892 $106,314,528 $62,302,537 $20,211,529 $64,722,867 $57,051,011 $41,607,391
Sailboats — — $5,900 — — — $37,157 $76,956
Inflatables $1,472,675 $1,858,828 $3,455,460 $4,793,701 $3,576,267 $2,695,481 $2,417,208 $2,652,545
Other $9,063,194 $6,152,293 $1,154,213 $60,276 $33,780 $37,398 $87,225 —
Rowboats/Canoes $135,371 $112,781 $161,643 $150,300 $48,895 $412,681 $60,587 $32,749
TOTAL $89,269,331 $114,862,733 $111,367,931 $67,489,270 $23,870,471 $67,868,427 $61,753,188 $46,551,120
% OF TOTALBOAT IMPORTS 6.6% 8.1% 7.6% 5.5% 3.0% 9.0% 6.6% 4.4%
ROWBOATS/CANOES
OTHER
INFLATABLES
SAILBOATS
STERNDRIVE BOATS
INBOARD BOATS
OUTBOARD BOATS$0
$20
$40
$60
$80
$100
$120
CHART 7.18.11a Value of boats importedfrom Mexico to U.S. from 1996 to 2012
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
Valu
e of
Boa
t Im
port
s, M
illio
ns o
f U.S
. Dol
lars
227©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
TABLE 7.18.11b Value of engine imports from Mexico1996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard $6,645,304 $6,287,704 $388,878 $17,062 — $3,845 $2,364,406 $16,059,848 $10,401,242
Inboard — $8,675,891 $93,210 $47,170 — $16,299,474 $19,159,718 $82,554 $32,877
Sterndrive $17,070,104 $4,658,781 — — $15,693,125 $23,566,029 $56,829,213 $98,554,005 $114,383,936
Hydrojet — $4,050 — — — — $2,916 — —
TOTAL $23,715,408 $19,626,426 $482,088 $64,232 $15,693,125 $39,869,348 $78,356,253 $114,696,407 $124,818,055
% OF TOTALBOAT EXPORTS 6.0% 5.5% 0.1% 0.0% 2.4% 6.3% 9.6% 11.3% 11.3%
2005 2006 2007 2008 2009 2010 2011 2012
Outboard $8,121,625 $5,731,651 $344,152 — $4,602 $3,238 $937,352 $7,361,956
Inboard $1,060,753 $4,800,893 $8,498,926 $17,279,564 $19,226,899 $47,693,127 $61,858,652 $67,030,638
Sterndrive $111,751,075 $106,433,922 $110,494,650 $64,304,608 $17,664,084 $16,019,507 $1,424,918 $5,795,778
Hydrojet $5,185 — $3,238 — — — $4,616 $2,946
TOTAL $120,938,638 $116,966,466 $119,340,966 $81,584,172 $36,895,585 $63,715,872 $64,225,538 $80,191,318
% OF TOTALBOAT EXPORTS 9.5% 8.4% 11.6% 8.9% 9.5% 7.6% 7.3% 8.9%
CHART 7.18.11b Value of engine importsfrom Mexico to U.S. from 1996 to 2012
HYDROJET
STERNDRIVE
INBOARD
OUTBOARD $0
$30
$60
$90
$120
$150
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
Valu
e of
Eng
ine
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
228 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.18.12 Mexico: Trade balanceThe U.S. trade deficit with Mexico markedly improved to $17 million in 2012.
4.9% of total U.S. recreational boat and marine engine exports went to Mexico in 2012 while 6.4% of total imports came from Mexico.
SOURCE: USITC
TABLE 7.18.12 Value of total exports and imports from Mexico1996 1997 1998 1999 2000 2001 2002 2003
Total Exports from U.S $21,156,658 $33,315,752 $31,982,134 $29,299,975 $31,591,529 $32,778,364 $61,711,831 $69,126,252
Total Imports into U.S. $24,056,627 $20,158,427 $1,066,367 $683,672 $17,380,370 $41,154,312 $91,090,410 $158,105,882
Trade Balance -$2,899,969 $13,157,325 $30,915,767 $28,616,303 $14,211,159 -$8,375,948 -$29,378,579 -$88,979,630
Percent of Total Exports 2.2% 3.2% 3.1% 2.8% 3.0% 3.7% 6.6% 6.4%
Percent of Total Imports 1.7% 1.7% 0.1% 0.0% 1.0% 2.4% 4.6% 7.1%
2004 2005 2006 2007 2008 2009 2010 2011
Total Exports from U.S $89,412,001 $137,431,334 $119,931,895 $108,029,452 $80,900,320 $71,224,261 $94,572,414 $77,826,830
Total Imports into U.S. $189,262,723 $210,207,969 $231,829,199 $230,708,897 $149,073,442 $60,766,056 $131,584,299 $125,978,726
Trade Balance -$99,850,722 -$72,776,635 -$111,897,304 -$122,679,445 -$68,173,122 $10,458,205 -$37,011,885 -$48,151,896
Percent of Total Exports 5.8% 6.4% 5.1% 3.7% 2.7% 4.1% 4.4% 3.6%
Percent of Total Imports 8.1% 8.0% 8.2% 9.3% 6.9% 5.2% 8.3% 6.9%
2012
Total Exports from U.S $109,582,883
Total Imports into U.S. $126,742,438
Trade Balance -$17,159,555
Percent of Total Exports 4.9%
Percent of Total Imports 6.4%
$-150
$-100
$-50
$0
$50
$100
$150
$200
$250
Expo
rts/
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
TOTAL EXPORTS
TOTAL IMPORTS
TRADE BALANCETrad
e Ba
lanc
e, M
illio
ns o
f U.S
. Dol
lars
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12$-150
$-100
$-50
$0
$50
$100
$150
$200
$250
CHART 7.18.12 Mexico trade balancefrom 1996 to 2012
229©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.18.13 Western Europe: Export profileIn 2012, $270 million worth of boats and $121 million worth of engines landed in Western Europe.
Half of boats exported were classified as “other” (total value of $136 million) followed by inboards totaling $60 million and sterndrives totaling $44 million.
73% (or $88 million) of engines exported to Western Europe were outboards followed by sterndrives totaling $19 million.
Overall, exports fell 17% in 2012, to a total of $391 million. Western Europe ranked second among export destinations. (Table 7.15)
SOURCE: USITC
TABLE 7.18.13a Value of boat exports to Western Europe1996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard $5,357,572 $16,342,406 $2,981,661 $3,926,241 $4,376,742 $6,457,067 $6,002,960 $9,236,694 $20,681,399
Inboard $57,802,222 $57,389,407 $60,220,255 $48,158,586 $35,272,700 $24,857,609 $54,235,963 $40,967,521 $74,817,833
Sterndrive $96,937,346 $84,481,273 $93,098,731 $126,039,654 $87,084,347 $41,792,470 $37,568,418 $68,522,032 $121,086,832
Sailboats $40,932,723 $25,681,782 $25,544,499 $13,936,635 $12,937,665 $11,292,397 $7,008,930 $8,032,425 $11,899,783
Inflatables $2,105,742 $2,831,031 $4,733,609 $5,252,153 $6,584,508 $5,133,676 $4,765,495 $4,504,924 $4,760,849
Other $33,867,086 $34,508,422 $58,210,006 $86,151,386 $77,883,772 $83,352,724 $83,495,948 $110,455,025 $179,135,457
Rowboats/Canoes $3,665,713 $3,051,990 $4,215,372 $3,852,929 $2,598,693 $3,243,027 $3,192,239 $3,266,079 $4,921,354
TOTAL $240,668,404 $224,286,311 $249,004,133 $287,317,584 $226,738,427 $176,128,970 $196,269,953 $244,984,700 $417,303,507
% OF TOTALBOAT EXPORTS 38.4% 33.0% 36.9% 41.1% 34.2% 31.4% 32.7% 32.7% 37.1%
2005 2006 2007 2008 2009 2010 2011 2012
Outboard $44,000,297 $34,807,108 $27,314,677 $28,682,288 $10,241,270 $12,048,672 $10,431,829 $9,142,132
Inboard $149,074,287 $142,946,567 $115,053,912 $116,787,701 $97,072,159 $107,677,925 $83,500,108 $60,314,346
Sterndrive $154,109,974 $158,138,807 $215,443,583 $242,712,194 $85,373,387 $70,489,008 $73,804,180 $43,951,763
Sailboats $26,048,093 $28,086,469 $35,610,522 $45,469,647 $26,119,526 $26,325,539 $22,756,860 $11,184,820
Inflatables $4,265,950 $4,270,549 $4,350,154 $7,649,830 $2,739,939 $2,126,380 $2,052,317 $2,063,116
Other $191,179,033 $220,229,240 $331,668,357 $355,118,074 $135,122,855 $154,771,989 $144,336,490 $135,799,351
Rowboats/Canoes $4,852,418 $7,010,015 $9,692,763 $10,027,547 $8,339,936 $8,975,779 $9,656,225 $7,665,032
TOTAL $573,530,052 $595,488,755 $739,133,968 $806,447,281 $365,009,072 $382,415,292 $346,538,009 $270,120,560
% OF TOTALBOAT EXPORTS 36.5% 34.1% 33.5% 32.7% 25.4% 22.0% 19.9% 15.3%
CHART 7.18.13a Value of exported boatsfrom U.S. to Western Europe from 1996 to 2012
ROWBOATS/CANOES
OTHER
INFLATABLES
SAILBOATS
STERNDRIVE BOATS
INBOARD BOATS
OUTBOARD BOATS$0
$200
$400
$600
$800
$1,000
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
Valu
e of
Boa
t Exp
orts
, Mill
ions
of U
.S. D
olla
rs
230 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
TABLE 7.18.13b Value of engine exports to Western Europe1996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard $56,327,684 $72,435,856 $71,145,850 $63,546,382 $103,408,779 $64,410,420 $56,191,405 $66,110,123 $122,507,489
Inboard $29,513,244 $23,299,950 $18,414,287 $16,054,675 $25,074,669 $36,148,315 $45,013,340 $20,370,353 $23,742,664
Sterndrive $8,380,309 $14,162,214 $8,494,629 $10,715,121 $16,568,918 $13,986,031 $19,298,341 $37,565,912 $37,745,988
Hydrojet $1,531,588 $155,077 $129,001 $728,517 $771,046 $183,538 $160,320 $79,219 $652,356
TOTAL $95,752,825 $110,053,097 $98,183,767 $91,044,695 $145,823,412 $114,728,304 $120,663,406 $124,125,607 $184,648,497
% OF TOTALENGINE EXPORTS 27.8% 30.1% 28.5% 27.1% 36.3% 35.5% 36.3% 36.6% 43.3%
2005 2006 2007 2008 2009 2010 2011 2012
Outboard $137,478,071 $100,655,614 $116,715,397 $92,850,112 $51,671,665 $73,368,523 $65,548,202 $88,426,536
Inboard $40,802,413 $48,266,251 $39,922,844 $45,899,214 $26,680,695 $33,374,729 $30,429,789 $11,644,337
Sterndrive $55,220,353 $50,798,777 $28,330,498 $20,079,612 $12,258,383 $24,505,516 $13,879,408 $19,010,746
Hydrojet $873,848 $730,255 $2,523,094 $10,749,753 $965,975 $716,247 $11,893,015 $1,544,517
TOTAL $234,374,685 $200,450,897 $187,491,833 $169,578,691 $91,576,718 $131,965,015 $121,750,414 $120,626,136
% OF TOTALENGINE EXPORTS 39.9% 33.5% 27.7% 30.6% 28.8% 31.0% 27.9% 25.7%
CHART 7.18.13b Value of exported enginesfrom U.S. to Western Europe from 1996 to 2012
HYDROJET
STERNDRIVE BOATS
INBOARD BOATS
OUTBOARD BOATS$0
$50
$100
$150
$200
$250
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
Valu
e of
Eng
ine
Expo
rt, M
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f U.S
. Dol
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231©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.18.14 Western Europe: Import profile$446 million worth of boats and $60 million worth of engines were imported from the countries of Western Europe to the U.S. in 2012.
More than 3 in 4 boats totaling $345 million were inboards, followed by sailboats with a total value of $64 million. Inboard engines accounted for 68% of total engineimports with a value of $41 million, followed by hydrojet engines with a total value of $13 million.
Recreational boat and marine engine imports from Western Europe totaled $506 million in 2012, up 14% from a year ago.
Western Europe ranked second among origination regions (Table 7.16).
SOURCE: USITC
TABLE 7.18.14a Value of import boats from Western Europe1996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard $1,550,785 $166,899 $336,398 $692,652 $566,623 $942,101 $502,075 $369,110 $40,797
Inboard $144,228,132 $159,846,898 $248,472,974 $302,105,208 $274,138,522 $225,696,461 $229,172,703 $306,221,740 $336,706,332
Sterndrive $6,661,706 $3,175,955 $3,231,632 $12,685,560 $32,886,655 $2,593,508 $6,941,132 $5,419,324 $3,028,048
Sailboats $43,881,170 $48,257,416 $65,783,529 $78,938,239 $80,703,920 $88,224,805 $72,273,091 $95,279,062 $71,729,254
Inflatables $15,426,705 $13,445,305 $15,632,445 $15,914,504 $23,312,085 $18,006,170 $16,022,522 $17,188,984 $18,775,008
Other $1,707,548 $1,631,856 $754,823 $327,992 $442,254 $4,441,839 $1,581,196 $1,204,334 $885,847
Rowboats/Canoes $2,915,838 $3,599,683 $4,069,524 $4,651,148 $5,288,484 $5,383,192 $4,949,251 $6,444,914 $5,405,142
TOTAL $216,371,884 $230,124,012 $338,281,325 $415,315,303 $417,338,543 $345,288,076 $331,441,970 $432,127,468 $436,570,428
% OF TOTALBOAT IMPORTS 21.2% 27.6% 38.7% 42.2% 38.8% 31.0% 28.6% 35.8% 35.0%
2005 2006 2007 2008 2009 2010 2011 2012
Outboard $236,294 $527,987 $304,488 $44,130 $1,024,708 $127,342 $181,579 $955,525
Inboard $374,808,566 $300,790,850 $347,729,431 $175,115,190 $174,033,055 $193,793,411 $269,218,672 $344,607,184
Sterndrive $2,397,577 $3,933,445 $1,455,232 $3,568,531 $4,283,365 $9,424,662 $11,474,300 $20,695,319
Sailboats $76,051,283 $72,998,863 $72,430,108 $74,040,108 $40,959,254 $55,421,007 $73,659,391 $63,781,902
Inflatables $19,109,360 $13,167,667 $12,768,735 $19,936,386 $11,958,435 $7,675,948 $6,095,384 $7,281,652
Other $673,659 $1,662,856 $1,040,202 $1,134,926 $1,121,927 $600,749 $1,326,206 $1,905,437
Rowboats/Canoes $6,517,965 $7,369,132 $7,469,619 $6,743,008 $5,598,226 $5,856,818 $6,859,496 $6,708,826
TOTAL $479,794,704 $400,450,800 $443,197,815 $280,582,279 $238,978,970 $272,899,937 $368,815,028 $445,935,845
% OF TOTALBOAT IMPORTS 35.5% 28.1% 30.2% 22.8% 30.3% 36.0% 39.3% 41.9%
CHART 7.18.14a Value of boats importedfrom Western Europe to U.S. from 1996 to 2012
ROWBOATS/CANOES
OTHER
INFLATABLES
SAILBOATS
STERNDRIVE BOATS
INBOARD BOATS
OUTBOARD BOATS$0
$100
$200
$300
$400
$500
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
Valu
e of
Boa
t Im
port
s, M
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f U.S
. Dol
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232 ©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
TABLE 7.18.14b Value of engine imports from Western Europe 1996 1997 1998 1999 2000 2001 2002 2003 2004
Outboard $896,384 $1,215,525 $1,828,616 $1,430,002 $1,359,601 $1,737,167 $2,326,371 $2,575,901 $8,777,872
Inboard $28,352,916 $32,116,319 $29,723,313 $32,893,629 $29,158,572 $21,699,939 $27,943,457 $48,035,415 $82,931,334
Sterndrive $562,500 $313,632 $414,649 $964,089 $208,569 $164,382 $470,807 $157,201 $19,651
Hydrojet $3,671,232 $1,344,357 $571,714 $1,647,137 $1,177,369 $573,707 $2,053,727 $4,392,159 $2,274,519
TOTAL $33,483,032 $34,989,833 $32,538,292 $36,934,857 $31,904,111 $24,175,195 $32,794,362 $55,160,676 $94,003,376
% OF TOTALBOAT IMPORTS 8.4% 9.9% 8.4% 6.8% 4.8% 3.8% 4.0% 5.4% 8.5%
2005 2006 2007 2008 2009 2010 2011 2012
Outboard $11,099,973 $9,040,832 $9,092,108 $7,863,611 $5,909,198 $5,962,856 $9,840,060 $5,708,110
Inboard $79,154,383 $85,090,084 $89,610,390 $78,103,786 $29,433,864 $44,835,731 $49,077,554 $40,678,323
Sterndrive $603,345 $1,176,424 $9,063,980 $6,116,646 $1,964,037 $121,587 $2,296,168 $796,653
Hydrojet $3,027,309 $5,123,607 $12,025,238 $12,905,332 $16,356,580 $20,024,965 $12,035,150 $12,947,352
TOTAL $93,885,010 $100,430,947 $119,791,716 $104,989,375 $53,663,679 $70,945,139 $73,248,932 $60,130,438
% OF TOTALBOAT IMPORTS 7.4% 7.2% 11.7% 11.4% 13.8% 8.5% 8.3% 6.7%
CHART 7.18.14b Value of imported enginesfrom Western Europe to U.S. from 1996 to 2012
HYDROJET
STERNDRIVE
INBOARD
OUTBOARD$0
$20
$40
$60
$80
$100
$120
’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12
Valu
e of
Eng
ine
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
233©2013 NMMA All rights reserved. No reproduction of any kind may be made without the express permission of NMMA.
7.18.15 Western Europe: Trade balanceThe U.S. trade surplus with Western Europe recorded a deficit for the first time in 9 years at -$115 million in 2012, as exports fell 17% and imports increased 14%.
17% of total U.S. recreational boat and marine engine exports landed in Western Europe, while 26% of total imports came from Western Europe in 2012.
SOURCE: USITC
TABLE 7.18.15 Value of total exports and imports from Western Europe1996 1997 1998 1999 2000 2001 2002 2003
Total Exports from U.S. $336,421,229 $334,339,408 $347,187,900 $378,362,279 $372,561,839 $290,857,274 $316,933,359 $369,110,307
Total Imports into U.S. $249,854,916 $265,113,845 $370,819,617 $452,250,160 $449,242,654 $369,463,271 $364,236,332 $487,288,144
Trade Balance $86,566,313 $69,225,563 -$23,631,717 -$73,887,881 -$76,680,815 -$78,605,997 -$47,302,973 -$118,177,837
Percent of Total Exports 34.7% 32.0% 34.0% 36.6% 35.0% 32.9% 34.0% 33.9%
Percent of Total Imports 17.6% 22.3% 29.4% 29.7% 25.9% 21.1% 18.4% 21.9%
2004 2005 2006 2007 2008 2009 2010 2011
Total Exports from U.S. $601,952,004 $807,904,737 $795,939,652 $926,625,801 $976,025,972 $456,585,790 $514,380,307 $468,288,423
Total Imports into U.S. $530,573,804 $573,679,714 $500,881,747 $562,989,531 $385,571,654 $292,642,649 $343,845,076 $442,063,960
Trade Balance $71,378,200 $234,225,023 $295,057,905 $363,636,270 $590,454,318 $163,943,141 $170,535,231 $26,224,463
Percent of Total Exports 38.8% 37.4% 33.9% 32.1% 32.3% 26.0% 23.8% 21.5%
Percent of Total Imports 22.6% 21.9% 17.8% 22.6% 17.9% 24.8% 21.6% 24.3%
2012
Total Exports from U.S $390,746,696
Total Imports into U.S. $506,066,283
Trade Balance -$115,319,587
Percent of Total Exports 17.4%
Percent of Total Imports 25.7%
$-200
$0
$200
$400
$600
$800
$1,000
$1,200
$-200
$0
$200
$400
$600
$800
$1,000
$1,200
Expo
rts/
Impo
rts,
Mill
ions
of U
.S. D
olla
rs
CHART 7.18.15 Western Europe trade balancefrom 1996 to 2012
TOTAL EXPORTS
TOTAL IMPORTS
TRADE BALANCETrad
e Ba
lanc
e, M
illio
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f U.S
. Dol
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’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12