Published
in Economy
The tanker industry in 2023 is shaped by a few dominant nations, with China at the forefront. This analysis provides insights into the leading exporters in the tanker market today.
In the tanker export industry, China asserts itself as a frontrunner, holding 25.48% of total exports globally. This position reflects its shipyards' capacity to deliver vast numbers of tankers needed for transporting essential liquid goods worldwide.
South Korea and Japan follow China, exporting 18.67% and 12.96% of tankers, respectively. Both nations are known for their advanced shipbuilding technologies and maritime proficiency, making them influential players in the global market.
Belgium and Cyprus are the primary European contributors, each responsible for over 7% of tanker exports. Their strategic geographic location and established maritime infrastructure enhance their competitiveness in the international market.
Outside of the major players, numerous other countries collectively form a notable portion of the tanker export market, though each individually represents less than 1%. This collective contribution underscores the industry's wide-reaching presence across various nations.
Tankers are specialized vessels engineered to transport large-scale volumes of liquids like oil and gas. They are constructed with technology to ensure the safe passage of these materials across globally interconnected trade networks.
Tankers are primarily used for transporting large volumes of liquids, such as oil, chemicals, and liquefied natural gas, across international waters.
As of 2023, China, South Korea, and Japan are the top leaders in tanker exports.
