2022
Exports
$292MWorld Rnk 18 / 169
Flag Rnk 24 / 1168
2022
PRODUCT COMPLEXITY IN Crustaceans
-1.97Rnk 999 / 1025
2022
Imports
$47.9MWorld Rnk 43 / 217
Flag Rnk 202 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $292M in Crustaceans, making it the 18th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 24th most exported product in New Zealand. The main destination of Crustaceans exports from New Zealand are: China ($271M), United States ($7.85M), Australia ($5.63M), Japan ($2.89M), and Hong Kong ($1.96M).

The fastest growing export markets for Crustaceans of New Zealand between 2021 and 2022 were China ($18.3M), United States ($4.28M), and Australia ($3.7M).

Imports In 2022, New Zealand imported $47.9M in Crustaceans, becoming the 43rd largest importer of Crustaceans in the world. At the same year, Crustaceans was the 202nd most imported product in New Zealand. New Zealand imports Crustaceans primarily from: India ($17.4M), Vietnam ($10.2M), Ecuador ($4.04M), China ($2.41M), and Senegal ($2.36M).

The fastest growing import markets in Crustaceans for New Zealand between 2021 and 2022 were India ($8.5M), Vietnam ($1.69M), and Ecuador ($742k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crustaceans. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$292M
IMPORTS (2022)$47.9M
NET TRADE (2022)$244M

In 2022, New Zealand exported $292M in Crustaceans. The main destinations of New Zealand exports on Crustaceans were China ($271M), United States ($7.85M), Australia ($5.63M), Japan ($2.89M), and Hong Kong ($1.96M).

In 2022, New Zealand imported $47.9M in Crustaceans, mainly from India ($17.4M), Vietnam ($10.2M), Ecuador ($4.04M), China ($2.41M), and Senegal ($2.36M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
China$18.3M (7.24%)
United States$4.28M (120%)
Australia$3.7M (192%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY New Zealand WERE (2021 - 2022):
Samoa-$239k (-68.5%)
Tonga-$170k (-44%)
United Arab Emirates-$170k (-36.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Crustaceans were:
Ecuador $7.98B
India $5.12B
Canada $3.51B
In 2022, New Zealand's main importing competitors in Crustaceans were:

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Trade Value of Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.2M
TOP IMPORT POTENTIALIndia+ $4.39M

Crustaceans’s highest export potential is United States. With an export gap of $12.2M.   Crustaceans’s highest import potential is India with an import gap of $4.39M.

See methodology.

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