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2023
Exports $1.5BWorld Rnk 5 / 176
Flag Rnk 197 / 1217
2023
Destination $85.9M Japan
2022 - 2023
FASTEST GROWING MARKET $85.9MSouth Korea
2023
PRODUCT COMPLEXITY IN Fish Fillets-1.21Rnk 880 / 1025
2023
Imports $8.22BWorld Rnk 1 / 222
Flag Rnk 70 / 1215
2023
Origin $64.9M Chile
2022 - 2023
FASTEST GROWING ORIGIN $64.9MNorway
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $1.5B in Fish Fillets, making it the 5th largest exporter of Fish Fillets in the world. At the same year, Fish Fillets was the 197th most exported product in United States. The main destination of Fish Fillets exports from United States are: Japan ($438M), South Korea ($208M), Germany ($141M), Canada ($117M), and France ($79.5M).

The fastest growing export markets for Fish Fillets of United States between 2022 and 2023 were South Korea ($85.9M), Denmark ($17.5M), and Spain ($11.1M).

Imports In 2023, United States imported $8.22B in Fish Fillets, becoming the 1st largest importer of Fish Fillets in the world. At the same year, Fish Fillets was the 70th most imported product in United States. United States imports Fish Fillets primarily from: Chile ($3B), China ($1.01B), Norway ($985M), Vietnam ($557M), and Indonesia ($383M).

The fastest growing import markets in Fish Fillets for United States between 2022 and 2023 were Norway ($64.9M), Denmark ($56.5M), and Poland ($40.8M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (90), Lawrence Wholesale (45), and Chevron (12) were at the forefront of shipping Fish Fillets to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Fish Fillets exports accounted up to $59.2M and imports accounted up to $613M, resulting in a negative trade balance of $553M. Between November 2023 and November 2024 the exports of United States'   Fish Fillets have decreased by $-8.64M (-12.7%) from $67.8M to $59.2M, while imports increased by $1.96M (0.32%) from $611M to $613M.

Destinations In November 2024, Fish Fillets were exported mostly to Canada ($19.5M), Netherlands ($16.2M), Japan ($3.71M), Spain ($3.69M), and China ($2.97M), and were imported mostly from Chile ($185M), China ($88.8M), Norway ($80M), Vietnam ($63.6M), and Indonesia ($34.9M).

Growth In November 2024, the decrease in Fish Fillets's year-by-year exports was explained primarily by a decrease in exports to Canada ($-1.73M or -7%), Spain ($-977k or -71.2%), and Japan ($-429k or -59.4%). In November 2024, the increase in Fish Fillets's year-by-year imports was explained primarily by an increase in imports from China ($83.1M or 106%), Chile ($28.8M or 12.1%), and Norway ($25.8M or 38.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-8.64M(-12.7%)
IMPORT GROWTH (November 2023 - November 2024)$1.96M(0.32%)
MAIN EXPORTER (November 2024)Alaska$135M
MAIN DESTINATION (November 2024)Canada$19.5M

This section shows Fish Fillets's exports and imports data at subnational level for United States. 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 Fish Fillets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.5B
IMPORTS (2023)$8.22B
NET TRADE (2023)-$6.72B

In 2023, United States exported $1.5B in Fish Fillets. The main destinations of United States exports on Fish Fillets were Japan ($438M), South Korea ($208M), Germany ($141M), Canada ($117M), and France ($79.5M).

In 2023, United States imported $8.22B in Fish Fillets, mainly from Chile ($3B), China ($1.01B), Norway ($985M), Vietnam ($557M), and Indonesia ($383M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fish Fillets EXPORT MARKETS FOR United States WERE (2022 - 2023):
South Korea$85.9M (70.4%)
Denmark$17.5M (59.4%)
Spain$11.1M (19.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fish Fillets BY United States WERE (2022 - 2023):
Japan-$51.4M (-10.5%)
France-$42.8M (-35%)
Canada-$24.8M (-17.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Fish Fillets were:
Chile $4.39B
Norway $4.28B
China $3.57B
In 2023, United States's main importing competitors in Fish Fillets were:
Japan $3.13B
Germany $2.14B

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Trade Value of Fish Fillets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $29.2M
TOP IMPORT POTENTIALCanada+ $144M

Fish Fillets’s highest export potential is Canada. With an export gap of $29.2M.   Fish Fillets’s highest import potential is Canada with an import gap of $144M.

See methodology.

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