Processed Fish in United States 2021 Exports | Imports : $301M | $2.18B, World Rnk 14 / 173 Rnk 469 / 1216 | World Rnk 1 / 221 Rnk 213 / 1215
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $7.09M | $363M, Canada | China
2021 ECONOMIC COMPLEXITY of United States: 1.46, Rnk 10 / 131
2021 PRODUCT COMPLEXITY IN Processed Fish: -1.52, Rnk 958 / 1029
Exports In 2021, United States exported $301M in Processed Fish, making it the 14th largest exporter of Processed Fish in the world. At the same year, Processed Fish was the 469th most exported product in United States. The main destination of Processed Fish exports from United States are: Canada ($155M), United Kingdom ($35.9M), Mexico ($33.1M), Australia ($16.6M), and Netherlands ($4.69M).
The fastest growing export markets for Processed Fish of United States between 2020 and 2021 were Canada ($7.09M), Sri Lanka ($2.29M), and Mexico ($1.34M).
Imports In 2021, United States imported $2.18B in Processed Fish, becoming the 1st largest importer of Processed Fish in the world. At the same year, Processed Fish was the 213th most imported product in United States. United States imports Processed Fish primarily from: Thailand ($598M), China ($471M), Vietnam ($162M), Ecuador ($125M), and Canada ($103M).
The fastest growing import markets in Processed Fish for United States between 2020 and 2021 were China ($363M), Japan ($13M), and India ($12.8M).
Tariffs In 2018, the average tariff for United States in Processed Fish was 3.74%. The countries with the highest import tariffs for Processed Fish were Equatorial Guinea (Most Favoured Nation duty rate treatment, 5.26%), Libya (Most Favoured Nation duty rate treatment, 5.26%), Mayotte (Most Favoured Nation duty rate treatment, 5.26%), Reunion (Most Favoured Nation duty rate treatment, 5.26%), and Sudan (Most Favoured Nation duty rate treatment, 5.26%).
February 2023
Overview In February 2023 United States' Processed Fish exports accounted up to $16.9M and imports accounted up to $145M, resulting in a negative trade balance of $128M. Between February 2022 and February 2023 the exports of United States' Processed Fish have decreased by $-5.39M (-24.1%) from $22.3M to $16.9M, while imports decreased by $-12.1M (-7.72%) from $157M to $145M.
Destinations In February 2023, Processed Fish were exported mostly to Canada ($7.89M), Mexico ($2.94M), United Kingdom ($1.09M), Australia ($750k), and Denmark ($696k), and were imported mostly from Thailand ($43.1M), Ecuador ($15M), Mexico ($9.25M), Senegal ($9.03M), and China ($8.07M).
Growth In February 2023, the decrease in Processed Fish's year-by-year exports was explained primarily by a decrease in exports to United Kingdom ($-3.33M or -77.5%), Australia ($-1.3M or -79.4%), and Canada ($-1.26M or -12.6%). In February 2023, the decrease in Processed Fish's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-14.3M or -21.2%), Indonesia ($-2.88M or -28.6%), and Philippines ($-2.25M or -34.9%).
EXPORT GROWTH (February 2022 - February 2023): $-5.39M, (-24.1%)
IMPORT GROWTH (February 2022 - February 2023): $-12.1M, (-7.72%)
MAIN EXPORTER (February 2023): Washington, $7.26M
MAIN DESTINATION (February 2023): Canada, $7.89M
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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EXPORTS (2021): $301M
IMPORTS (2021): $2.18B
NET TRADE (2021): -$1.88B
In 2021, United States exported $301M in Processed Fish. The main destinations of United States exports on Processed Fish were Canada ($155M), United Kingdom ($35.9M), Mexico ($33.1M), Australia ($16.6M), and Netherlands ($4.69M).
In 2021, United States imported $2.18B in Processed Fish, mainly from Thailand ($598M), China ($471M), Vietnam ($162M), Ecuador ($125M), and Canada ($103M).
THE FASTEST GROWING Processed Fish EXPORT MARKETS FOR United States WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Fish BY United States WERE (2020 - 2021):
In 2021, United States's main exporting competitors in Processed Fish were:
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