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Coral and similar materials, unworked or simply prepared, shells of molluscs, crustaceans or echinoderms and cuttle-bone, not cut to shape powder and waste thereof

0508 (Harmonized System 1992 for 4-digit)

2023
World Trade $175MRnk 1143 / 1217
2023
Top Exporter | Top Importer $39.7M | $33.4MJapan | China
2022 - 2023
Export Growth (CAGR) 11.1%Rnk 141 / 1217
2023
Share of World Trade 0.00077%Rnk 1143 / 1217

About

Overview This page contains the latest trade data of Coral and Shells. In 2023, Coral and Shells were the world's 1143rd most traded product, with a total trade of $175M. Between 2022 and 2023 the exports of Coral and Shells grew by 11.1%, from $157M to $175M. Trade in Coral and Shells represent 0.00077% of total world trade.

Coral and Shells are a part of Animal originated products, n.e.s.. They include Coral and Shells.

Exports In 2023 the top exporters of Coral and Shells  were Japan ($39.7M), Indonesia ($18.3M), China ($11.4M), Netherlands ($6.73M), and Australia ($6.65M).

Imports In 2023 the top importers of Coral and Shells were China ($33.4M), Hong Kong ($32.6M), United States ($17.2M), France ($13.6M), and Italy ($8.55M).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Coral and Shells. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Japan$39.7M
Top Destination (2023)China$33.4M

In 2023 Coral and Shells were the world's 1143rd most traded product (out of 1,217).

In 2023, the top exporters of Coral and Shells were Japan ($39.7M), Indonesia ($18.3M), China ($11.4M), Netherlands ($6.73M), and Australia ($6.65M).

In 2023, the top importers of Coral and Shells were China ($33.4M), Hong Kong ($32.6M), United States ($17.2M), France ($13.6M), and Italy ($8.55M).

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Exporters of Coral and Shells (2023)
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Importers of Coral and Shells (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Japan$11.5M
Top Destination Growth (2022 -  2023)China$10.8M

Between 2022 and 2023, the exports of Coral and Shells grew the fastest in Japan ($11.5M), Burma ($3.71M), Cyprus ($3.53M), Tunisia ($3.38M), and South Korea ($1.87M).

Between 2022 and 2023, the fastest growing importers of Coral and Shells were China ($10.8M), Hong Kong ($9.97M), Italy ($5.14M), Saudi Arabia ($1.8M), and India ($1.49M).

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Exporters of Coral and Shells (2022 - 2023)

Importers of Coral and Shells (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Coral and Shells.

In 2023, market concentration measured using Shannon Entropy, was 4.68. This means that most of the exports of Coral and Shells are explained by 25 countries.

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Value of Exports in Coral and Shells

Net Trade

TOP NET EXPORTER (2023)Japan$32.5M
TOP NET IMPORTER (2023)Hong Kong$29.5M

This map shows which countries export or import more of Coral and Shells. Each country is colored based on the difference in exports and imports of Coral and Shells during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Coral and Shells were Japan ($32.5M), Indonesia ($17.9M), Australia ($6.41M), Burma ($5.4M), and Tunisia ($5.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Coral and Shells were Hong Kong ($29.5M), China ($22M), United States ($14.2M), France ($10.5M), and Italy ($4.97M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Coral and Shells.
It is possible to select the main countries that export or import Coral and Shells in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Coral and Shells by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $652k
TOP IMPORT POTENTIALChina+ $170k

Coral and Shells’s highest export potential is China. With an export gap of $652k.  Coral and Shells’s highest import potential is China with an import gap of $170k.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

Country by Relatedness

The following visualization shows the relatedness of Coral and Shells to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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