Overview In May 2023 United States' Processed Crustaceans exports accounted up to $10.3M and imports accounted up to $246M, resulting in a negative trade balance of $236M. Between May 2022 and May 2023 the exports of United States' Processed Crustaceans have increased by $162k (1.59%) from $10.2M to $10.3M, while imports decreased by $-140M (-36.3%) from $387M to $246M.
Destinations In May 2023, Processed Crustaceans were exported mostly to Mexico ($2.04M), Canada ($1.62M), Denmark ($1.19M), Taiwan ($1.19M), and Singapore ($585k), and were imported mostly from Indonesia ($68.1M), India ($34.9M), Vietnam ($34.8M), Canada ($32.8M), and Thailand ($14.3M).
Growth In May 2023, the increase in Processed Crustaceans's year-by-year exports was explained primarily by an increase in exports to Netherlands ($608k or 19.1k%), Bahamas ($77.2k or 135%), and Colombia ($60.9k or 42%). In May 2023, the decrease in Processed Crustaceans's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-1.01M or -3.39%), Italy ($-476k or -52.6%), and Peru ($-347k or -37.4%).