Below are the 15 countries that exported the highest dollar value worth of cruise ships during 2016:

1. Italy: US$2.4 billion (29.7% of exported cruise ships)
2. Germany: $1.8 billion (22.4%)
3. France: $1.2 billion (15.4%)
4. Japan: $554.1 million (6.8%)
5. Finland: $532.6 million (6.6%)
6. Cayman Islands: $367 million (4.5%)
7. Austria: $141.2 million (1.75%)
8. India: $136.4 million (1.69%)
9. Norway: $134.1 million (1.66%)
10. Turkey: $119.9 million (1.5%)
11. Greece: $82.5 million (1%)
12. United Arab Emirates: $52.4 million (0.65%)
13. Poland: $51.8 million (0.64%)
14. Netherlands: $50.6 million (0.63%)
15. China: $48 million (0.59%)

The listed 15 countries shipped 95.6% of global cruise ships exports in 2016 by value.

Among the above countries, the fastest-growing cruise ships exporters since 2012 were: Turkey (up 2,728%), Cayman Islands (up 909.9%), United Arab Emirates (up 505.2%) and Finland (up 429.3%).

Five countries posted declines in their exported cruise ships sales: Poland (down -71.3%), China (down -41.4%), India (down -40.5%), Germany (down -20.1%) and Netherlands (down -12.9%).

The following countries posted the highest positive net exports for cruise ships during 2016. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s exported cruise ships and its import purchases for that same commodity.

1. Italy: US$2 billion (net export surplus up 598.5% since 2012)
2. France: $1.2 billion (up 81.1%)
3. Germany: $1.2 billion (down -46.5%)
4. Japan: $550.9 million (up 392.5%)
5. Finland: $532.6 million (reversing a -$151.8 million deficit)
6. Cayman Islands: $304.1 million (up 1,426%)
7. Turkey: $97.4 million (reversing a -$16.4 million deficit)
8. Norway: $84 million (reversing a -$112.7 million deficit)
9. Greece: $72.7 million (reversing a -$40.8 million deficit)
10. Austria: $57.7 million (reversing a -$57.2 million deficit)
11. Denmark: $43.4 million (reversing a -$57.2 million deficit)
12. China: $38.5 million (down -30.4%)
13. Indonesia: $35.1 million (reversing a -$34.3 million deficit)
14. Malaysia: $27.6 million (reversing a -$39.4 million deficit)
15. Netherlands: $21.4 million (down -61.7%)

Italy has the highest surplus in the international trade of cruise ships. In turn, this positive cashflow confirms Italy’s strong competitive advantage for this specific product category.

The following countries posted the highest negative net exports for cruise ships during 2016. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s imported cruise ship purchases and its exports for that same commodity.

1. Marshall Islands: -US$434.9 million (net export deficit up 3,021% since 2012)
2. Malta: -$382.6 million (up 144,810%)
3. Nigeria: -$172.4 million (reversing a $244.4 million surplus)
4. Switzerland: -$105.3 million (up 1,355%)
5. Lithuania: -$75.4 million (up 172.3%)
6. Canada: -$71.6 million (up 10,452%)
7. United Arab Emirates: -$45 million (up 871%)
8. Poland: -$36 million (reversing a $134.8 million surplus)
9. Saudi Arabia: -$31.9 million (reversing a $32,000 surplus)
10. Estonia: -$26 million (reversing a $1 million surplus)
11. Mongolia: -$22.2 million (up 37478%)
12. Ecuador: -$21.7 million (reversing a $48,000 surplus)
13. India: -$20.4 million (down -83.6%)
14. United Kingdom: -$16.1 million (down -84.1%)
15. Russia: -$14.1 million (down -83.5%)

Marshall Islands incurred the highest deficit in the international trade of cruise ships. In turn, this negative cashflow highlights Marshall Islands’ strong competitive disadvantage for this specific product category but also signals opportunities for cruise ship-making countries that help satisfy the powerful demand.

• AIDA Cruises (Germany)
• AmaWaterways (United States)
• American Cruise Lines (United States)
• Avalon Waterways (United States)
• Azamara Club Cruises (United States)
• Bahamas Paradise Cruise Line (United States)
• Birka Line (Finland)
• Carnival Cruise Line (United States/ United Kingdom)
• CDF Croisières de France (France)
• Celebrity Cruises (United States)
• Celestyal Cruises (Cyprus)
• Compagnie du Ponant (France)
• Costa Cruises (Italy)
• Cruise & Maritime Voyages (United Kingdom)
• Crystal Cruises (Japan)
• Cunard Line (United Kingdom)
• Disney Cruise Line (United Kingdom)
• European Waterways (United Kingdom)
• Fred. Olsen Cruise Lines (United Kingdom)
• Hapag-Lloyd Cruises (Germany)
• Holland America Line (United States (originally Netherlands))
• Hurtigruten (Norway)
• Kristina Cruises (Finland)
• Majestic International Cruises (Greece)
• The Majestic Line (United Kingdom)
• Mano Maritime (Israel)
• MSC Cruises (Italy)
• Norwegian Cruise Line (United States (originally Norway))
• Oceania Cruises (United States)
• Orion Expedition Cruises (Australia)
• P&O Cruises (United Kingdom)
• P&O Cruises Australia (Australia)
• Paul Gauguin Cruises (United States)
• Peter Deilmann Cruises (Germany)
• Phoenix Reisen (Germany)
• Polar Star Expeditions (Canada)
• Portside (Brazil)
• Poseidon Expeditions (United Kingdom)
• Princess Cruises (United States)
• Pullmantur Cruises (Spain)
• Quark Expeditions (United States)
• Regent Seven Seas Cruises (United States)
• Royal Caribbean International (United States)
• Saga Cruises (United Kingdom)
• Seabourn Cruise Line (United States)
• SeaDream Yacht Club (Norway)
• Silversea Cruises (United States/ Italy)
• Star Cruises (Malaysia)
• Swan Hellenic (United Kingdom)
• Thomson Cruises (United Kingdom)
• Transocean Tours (Germany)
• TUI Cruises (Germany)
• Uniworld River Cruises (United States)
• Un-Cruise Adventures (United States)
• Viking Cruises (United States)
• Windstar Cruises (United States)