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2022
Exports $320MWorld Rnk 14 / 179
Flag Rnk 483 / 1217
2022
Destination $12.2M Canada
2021 - 2022
FASTEST GROWING MARKET $12.2MCanada
2022
PRODUCT COMPLEXITY IN Processed Fish-1.45Rnk 941 / 1025
2022
Imports $2.22BWorld Rnk 1 / 222
Flag Rnk 231 / 1216
2022
Origin $150M Thailand
2021 - 2022
FASTEST GROWING ORIGIN $150MThailand
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $320M in Processed Fish, making it the 14th largest exporter of Processed Fish in the world. At the same year, Processed Fish was the 483rd most exported product in United States. The main destination of Processed Fish exports from United States are: Canada ($167M), Mexico ($40M), United Kingdom ($29.1M), Australia ($19.1M), and Israel ($7.33M).

The fastest growing export markets for Processed Fish of United States between 2021 and 2022 were Canada ($12.2M), Mexico ($6.94M), and Israel ($4.28M).

Imports In 2022, United States imported $2.22B in Processed Fish, becoming the 1st largest importer of Processed Fish in the world. At the same year, Processed Fish was the 231st most imported product in United States. United States imports Processed Fish primarily from: Thailand ($751M), Ecuador ($193M), Vietnam ($188M), China ($135M), and Canada ($116M).

The fastest growing import markets in Processed Fish for United States between 2021 and 2022 were Thailand ($150M), Ecuador ($67.3M), and Senegal ($54.8M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (364), Loblaws Supermarkets (51), and Goya Foods (50) were at the forefront of shipping Processed Fish to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Processed Fish exports accounted up to $32M and imports accounted up to $159M, resulting in a negative trade balance of $127M. Between August 2023 and August 2024 the exports of United States'   Processed Fish have decreased by $-2.23M (-6.51%) from $34.2M to $32M, while imports increased by $3.17M (2.03%) from $156M to $159M.

Destinations In August 2024, Processed Fish were exported mostly to Canada ($23.7M), Mexico ($2.75M), Guatemala ($573k), Costa Rica ($468k), and South Korea ($451k), and were imported mostly from Thailand ($45.5M), Vietnam ($14.1M), Ecuador ($12.6M), Morocco ($11.6M), and China ($9.66M).

Growth In August 2024, the decrease in Processed Fish's year-by-year exports was explained primarily by a decrease in exports to Canada ($-688k or -7.88%), United Kingdom ($-637k or -66.1%), and Ecuador ($-48k or -93.6%). In August 2024, the increase in Processed Fish's year-by-year imports was explained primarily by an increase in imports from Thailand ($19.6M or 36.9%), Ecuador ($3.66M or 33.5%), and Senegal ($2.95M or 49.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-2.23M(-6.51%)
IMPORT GROWTH (August 2023 - August 2024)$3.17M(2.03%)
MAIN EXPORTER (August 2024)Alaska$15.8M
MAIN DESTINATION (August 2024)Canada$23.7M

This section shows Processed Fish'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 Processed Fish over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$320M
IMPORTS (2022)$2.22B
NET TRADE (2022)-$1.9B

In 2022, United States exported $320M in Processed Fish. The main destinations of United States exports on Processed Fish were Canada ($167M), Mexico ($40M), United Kingdom ($29.1M), Australia ($19.1M), and Israel ($7.33M).

In 2022, United States imported $2.22B in Processed Fish, mainly from Thailand ($751M), Ecuador ($193M), Vietnam ($188M), China ($135M), and Canada ($116M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Fish EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$12.2M (7.87%)
Mexico$6.94M (21%)
Israel$4.28M (140%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Fish BY United States WERE (2021 - 2022):
United Kingdom-$7.06M (-19.5%)
Sri Lanka-$5.65M (-90.5%)
Ukraine-$2.42M (-71%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Processed Fish were:
China $3.71B
Thailand $3.1B
Ecuador $1.5B
In 2022, United States's main importing competitors in Processed Fish were:
Japan $1.73B
Italy $1.31B

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Trade Value of Processed Fish by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $9.62M
TOP IMPORT POTENTIALChina+ $91.8M

Processed Fish’s highest export potential is Mexico. With an export gap of $9.62M.   Processed Fish’s highest import potential is China with an import gap of $91.8M.

See methodology.

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