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2022
Exports | Imports $641M | $8.72BWorld Rnk 10 / 169
Flag Rnk 538 / 1216
World Rnk 2 / 217
Flag Rnk 40 / 1212
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $19.4M | $2.01BRussia |  Ecuador
2022
ECONOMIC COMPLEXITY of China1.01Rnk 24 / 124
2022
PRODUCT COMPLEXITY IN Crustaceans-1.99Rnk 996 / 1025

About

Exports In 2022, China exported $641M in Crustaceans, making it the 10th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 538th most exported product in China. The main destination of Crustaceans exports from China are: Japan ($138M), South Korea ($90.6M), Spain ($83.1M), Russia ($51.4M), and Chinese Taipei ($44.1M).

The fastest growing export markets for Crustaceans of China between 2021 and 2022 were Russia ($19.4M), Canada ($7.85M), and India ($3.8M).

Imports In 2022, China imported $8.72B in Crustaceans, becoming the 2nd largest importer of Crustaceans in the world. At the same year, Crustaceans was the 40th most imported product in China. China imports Crustaceans primarily from: Ecuador ($4.3B), India ($895M), Canada ($678M), Vietnam ($543M), and New Zealand ($271M).

The fastest growing import markets in Crustaceans for China between 2021 and 2022 were Ecuador ($2.01B), Vietnam ($250M), and Russia ($135M).

COMPANIES In 2023, leading companies such as WAL-MART INC. (268), COSTCO WHOLESALE COPRORATION (174), and WALONG MARKETING INC. (147) were at the forefront of shipping Crustaceans from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Crustaceans exports accounted up to $33.5M and imports accounted up to $734M, resulting in a negative trade balance of $701M. Between February 2023 and February 2024 the exports of China's   Crustaceans have decreased by $-16.7M (-33.3%) from $50.3M to $33.5M, while imports increased by $52.9M (7.77%) from $681M to $734M.

Destinations In February 2024, Crustaceans were exported mostly to Hong Kong ($9.24M), South Korea ($5.99M), Japan ($4.28M), Spain ($3.03M), and United States ($2.53M), and were imported mostly from Ecuador ($188M), Russia ($124M), Canada ($115M), India ($51.3M), and United States ($49.4M).

Growth In February 2024, the decrease in Crustaceans's year-by-year exports was explained primarily by a decrease in exports to Japan ($-9.48M or -42.5%), Spain ($-3.53M or -31.5%), and United States ($-2.73M or -29.4%). In February 2024, the increase in Crustaceans's year-by-year imports was explained primarily by an increase in imports from Argentina ($11.3M or 377%), Indonesia ($5.86M or 31%), and Japan ($3.48M or 761%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$-16.7M(-33.3%)
IMPORT GROWTH (February 2023 - February 2024)$52.9M(7.77%)
MAIN EXPORTER (February 2024)Zhejiang Province$30.2M
MAIN DESTINATION (February 2024)Hong Kong$9.24M

This section shows Crustaceans's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Crustaceans over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$641M
IMPORTS (2022)$8.72B
NET TRADE (2022)-$8.08B

In 2022, China exported $641M in Crustaceans. The main destinations of China exports on Crustaceans were Japan ($138M), South Korea ($90.6M), Spain ($83.1M), Russia ($51.4M), and Chinese Taipei ($44.1M).

In 2022, China imported $8.72B in Crustaceans, mainly from Ecuador ($4.3B), India ($895M), Canada ($678M), Vietnam ($543M), and New Zealand ($271M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$19.4M (60.6%)
Canada$7.85M (25.5%)
India$3.8M (53.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY China WERE (2021 - 2022):
Japan-$42M (-23.4%)
South Korea-$25.1M (-21.7%)
Malaysia-$15.6M (-62.1%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Crustaceans were:
Ecuador $7.98B
India $5.12B
Canada $3.51B
In 2022, China's main importing competitors in Crustaceans were:
United States $9.1B
Japan $2.16B

Explore Visualizations

Trade Value of Crustaceans by Exporters

Keep Exploring

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