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


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


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


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


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


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%


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


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%


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


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


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


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%


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


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


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


80% 72% 77% 90% 87% 87% 84% 81% 85%

RANKING 2005 2006 2007 2008 2009 2010 2011 2012


89% 88% 87% 92% 74% 85% 81% 69%


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%


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


Percent of Total Export Dollar Value 30.3% 32.9% 31.6% 28.2% 29.9% 27.2% 29.8% 31.4% 30.0%




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


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


Percent of Total Export Dollar Value 34.6% 29.1% 26.5% 25.7% 34.4% 32.3% 27.3% 25.6%




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


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




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


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


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


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%


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%


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


Percent of Total Export Dollar value 30.5% 29.4% 29.4% 33.8% 30.0% 23.5% 21.9% 26.0% 26.7%




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


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


Percent of Total Export Dollar value 24.1% 26.0% 26.0% 25.6% 17.3% 16.5% 17.7% 16.9%




Percent of Total Import Dollar value 10.7% 10.8% 11.1% 9.5% 6.5% 12.0% 9.3% 7.0%




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


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


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


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%


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%


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







NUMBER OF IMPORTED BOATS 639 1,153 883 975 2,731 1,252 1,669 1,557 1,558


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









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



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



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


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


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, 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


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




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


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%


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


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


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


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




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


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%


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










2005 2006 2007 2008 2009 2010 2011 2012









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




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



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


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%


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








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










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



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



72% 71% 78% 77% 80% 79% 78% 73% 70%

RANKING 2005 2006 2007 2008 2009 2010 2011 2012


65% 66% 68% 68% 72% 74% 70% 70%


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%


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









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










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




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


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



86% 92% 92% 89% 87% 91% 79% 90% 88%

RANKING 2005 2006 2007 2008 2009 2010 2011 2012


88% 90% 89% 88% 85% 83% 85% 88%


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


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


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


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


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


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


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


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


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


NUMBER OF EXPORTED ENGINES 140,984 130,472 122,854 111,647 124,146 74,838 67,283 74,511 88,405



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


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


NUMBER OF IMPORTED ENGINES 383,325 383,456 333,440 265,599 124,676 217,396 232,512 250,100


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




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


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%


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





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





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



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


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


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





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





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



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


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


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






2005 2006 2007 2008 2009 2010 2011 2012






Expo

rts/

Impo

rts,

Mill

ions

of U

.S. D

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



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


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


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


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%


ASIA




CANADA

WESTERN EUROPE

’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12


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




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%




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


ASIA




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


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


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



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%


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%



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


ASIA




CANADA

WESTERN EUROPE

’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12


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


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


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


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%


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%


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%


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


ASIA




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


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


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


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%


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%


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%


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


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


ASIA




CANADA

WESTERN EUROPE

’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12


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


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%


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%


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


ASIA




CANADA

WESTERN EUROPE

’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12


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


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

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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

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olla

rs


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

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olla

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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


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



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



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


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


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


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

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Exp

orts

, Mill

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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


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


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

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rs


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


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


$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

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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

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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



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



2004 2005 2006 2007 2008 2009 2010 2011



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



2012



Trade Balance $418,619,904



Expo

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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

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. 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


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


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


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

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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


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


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

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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


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


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

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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

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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



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



2004 2005 2006 2007 2008 2009 2010 2011


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



2012



Trade Balance -$595,014,386



$-1,200

$-900

$-600

$-300

$0

$300

$600

$900

$1,200

Expo

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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

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Mill

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of U

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$-1,200

$-900

$-600

$-300

$0

$300

$600

$900

$1,200


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


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


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

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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


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


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

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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


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


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

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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


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


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

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Eng

ine

Impo

rts,

Mill

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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 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



2004 2005 2006 2007 2008 2009 2010 2011



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



2012






$-150

$-100

$-50

$0

$50

$100

$150

$200

$250

Expo

rts/

Impo

rts,

Mill

ions

of U

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TOTAL EXPORTS

TOTAL IMPORTS

TRADE BALANCETrad

e Ba

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’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


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


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


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

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, Mill

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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


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


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

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Eng

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Expo

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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


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


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

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Boa

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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


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


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

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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


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



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


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



2012






$-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

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CHART 7.18.15 Western Europe trade balancefrom 1996 to 2012

TOTAL EXPORTS

TOTAL IMPORTS

TRADE BALANCETrad

e Ba

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’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12

imports/ exports - nmma · (10 percent), middle east/persian gulf and africa ( seven percent), and...

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