Please select your home edition
Edition
RS Sailing 2021 - LEADERBOARD

NMMA's 2023 U.S. exports and imports report now available

by National Marine Manufacturers Association 2 Aug 2024 09:17 PDT
NMMA's 2023 U.S. Exports and Imports Report © National Marine Manufacturers Association

The Boat and Engine Exports and Imports section of NMMA's 2023 U.S. Recreational Boating Statistical Abstract is now available. This report examines historical and recent trade data on the different categories of recreational boats and marine engines imported to and exported from the U.S. each year. The 2023 report saw notable shifts, reflecting changes in both exports and imports with a slight improvement in the trade balance deficit.

In 2023, the total value of recreational boat and marine engine exports increased by 4% to $2.6 billion, while imports rose by 0.5% to $5.1 billion. Outboard boat exports fell by 4.3% to $511.6 million, while inboard boat exports grew by 33.4% to $406.3 million. Overall, 2023 highlighted the resilience and adaptability of the U.S. marine trade sector amidst global economic challenges and shifting market demands.

Continue reading the full article here...

Related Articles

U.S. Recreational Boating Statistical Abstract
The latest report on cruiser, watersport, fishing boat and trailer sales trends The latest report on cruiser, watersport, fishing boat and trailer sales trends, part of NMMA's 2024 U.S. Recreational Boating Statistical Abstract, is now available for member download. Posted on 9 Sep
U.S. Exports and Imports 2024 Report
Examining recent and historical trade data on the different categories The Boat and Engine Exports and Imports section of NMMA's 2024 U.S. Recreational Boating Statistical Abstract is now available for member download, with a comprehensive look at marine trade flows and shifts in global demand for American-made products. Posted on 4 Sep
NMMA launches refueling safety task force
Composed of a diverse group of industry experts NMMA has launched a dedicated task force focused on fuel system inspection education and refueling best practices. Posted on 4 Sep
Adam Gray tours Centurion & Supreme Boats
NMMA organized a tour for the Congressman of their operations in Merced NMMA recently organized a tour of Centurion & Supreme Boats' operations in Merced, California with Rep. Adam Gray (D-CA-13) and his staff. Posted on 29 Aug
Michigan Boating Technology Day
NMMA Member Ilmor Marine showcases innovation NMMA member manufacturer Ilmor Marine welcomed Michigan state policymakers, legislative staff, marine industry leaders, and NMMA members to its new marine technology and manufacturing facility in New Hudson, Mich. last week. Posted on 26 Aug
IBEX Education lineup announced
IBEX has announced its 2025 Education Conference lineup The International BoatBuilders' Exhibition and Conference (IBEX) has announced its 2025 Education Conference lineup. Posted on 21 Aug
President Trump expands Section 232 Tariffs
CBP has issued Cargo Systems and Message Service guidance for steel products and aluminum products On Aug. 15, the U.S. Department of Commerce significantly expanded its Section 232 tariffs on aluminum and steel imports, adding more than 400 HTS codes to its existing list of tariffs on aluminum and steel derivative products. Posted on 19 Aug
Core U.S. Inflation hit five-month high
Pressuring discretionary spending U.S. inflation picked up in July, with the Consumer Price Index rising to 2.7% year-over-year, according to the latest Bureau of Labor Statistics data. Posted on 15 Aug
Economic pressure maintains grip on boating demand
NMMA's latest Monthly Recreational Boating Industry Data Summary NMMA's latest Monthly Recreational Boating Industry Data Summary, which highlights data on a 12-month rolling basis, June 2024 through May 2025, reflects ongoing headwinds in retail powerboat unit sales as economic pressures remain a key concern. Posted on 15 Aug
White House extends current China Tariff rates
Delaying the reinstatement of higher U.S. tariffs on Chinese goods for another 90 days On August 11, President Donald Trump signed an executive order delaying the reinstatement of higher U.S. tariffs on Chinese goods for another 90 days, extending the current pause until mid-November. Posted on 14 Aug
RS Sailing 2021 - FOOTERNorth Sails Loft 57 PodcastCyclops Marine 2023 November - FOOTER