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Fish and crustaceans, molluscs and other aquatic invertebrates

03 (Harmonized System 1992 for 2-digit)

2022
World Trade $142BRnk 33 / 96
2022
Top Exporter | Top Importer $15.6B | $22.9BNorway | United States
2022
Product Complexity -1.03Rnk 84 / 96
2021 - 2022
Export Growth (CAGR) 9.66%Rnk 37 / 96
2022
Share of World Trade 0.6%Rnk 33 / 96

About

Overview This page contains the latest trade data of Fish, crustaceans, & molluscs. In 2022, Fish, crustaceans, & molluscs were the world's 33rd most traded product, with a total trade of $142B. Between 2021 and 2022 the exports of Fish, crustaceans, & molluscs grew by 9.66%, from $130B to $142B. Trade in Fish, crustaceans, & molluscs represent 0.6% of total world trade.

Fish, crustaceans, & molluscs are a part of Animal Products. They include Crustaceans, Non-fillet Frozen Fish, Fish Fillets, Non-fillet Fresh Fish, Molluscs, Dried/Salted/Smoked/Brined Fish, and Live Fish.

Exports In 2022 the top exporters of Fish, crustaceans, & molluscs  were Norway ($15.6B), China ($10.9B), Ecuador ($8.43B), Vietnam ($7.65B), and Chile ($7.44B).

Imports In 2022 the top importers of Fish, crustaceans, & molluscs were United States ($22.9B), China ($17.7B), Japan ($10.4B), Spain ($7.67B), and France ($7.12B).

Ranking Fish, crustaceans, & molluscs ranks 84th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Fish, crustaceans, & molluscs. 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 (2022)Norway$15.6B
Top Destination (2022)United States$22.9B

In 2022 Fish, crustaceans, & molluscs were the world's 33rd most traded product (out of 96).

In 2022, the top exporters of Fish, crustaceans, & molluscs were Norway ($15.6B), China ($10.9B), Ecuador ($8.43B), Vietnam ($7.65B), and Chile ($7.44B).

In 2022, the top importers of Fish, crustaceans, & molluscs were United States ($22.9B), China ($17.7B), Japan ($10.4B), Spain ($7.67B), and France ($7.12B).

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Exporters of Fish, crustaceans, & molluscs (2022)
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Importers of Fish, crustaceans, & molluscs (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Ecuador$2.71B
Top Destination Growth (2021 -  2022)China$5.22B

Between 2021 and 2022, the exports of Fish, crustaceans, & molluscs grew the fastest in Ecuador ($2.71B), Vietnam ($1.81B), Norway ($1.59B), Chile ($1.59B), and China ($1.21B).

Between 2021 and 2022, the fastest growing importers of Fish, crustaceans, & molluscs were China ($5.22B), United States ($1.17B), Japan ($1.13B), Vietnam ($677M), and France ($596M).

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Exporters of Fish, crustaceans, & molluscs (2021 - 2022)

Importers of Fish, crustaceans, & molluscs (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Fish, crustaceans, & molluscs.

In 2022, market concentration measured using Shannon Entropy, was 5.31. This means that most of the exports of Fish, crustaceans, & molluscs are explained by 39 countries.

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Value of Exports in Fish, crustaceans, & molluscs

Net Trade

TOP NET EXPORTER (2022)Norway$15.1B
TOP NET IMPORTER (2022)United States$18B

This map shows which countries export or import more of Fish, crustaceans, & molluscs. Each country is colored based on the difference in exports and imports of Fish, crustaceans, & molluscs during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Fish, crustaceans, & molluscs were Norway ($15.1B), Ecuador ($8.18B), Chile ($7.32B), India ($6.83B), and Vietnam ($5.26B).

In 2022, the countries that had a largest trade value in imports than in exports of Fish, crustaceans, & molluscs were United States ($18B), Japan ($8.41B), China ($6.78B), Italy ($5.66B), and France ($5.25B).

Net Trade (2022)

Disaggregation

Value
Disaggregation

In 2022, the world most traded Fish, crustaceans, & molluscs, disaggragated by their HS6 level were Crustaceans ($33.7B), Fish Fillets ($31.4B), Non-fillet Frozen Fish ($28.2B), Non-fillet Fresh Fish ($26B), and Molluscs ($12.9B)

HS6 Disaggregation for Fish, crustaceans, & molluscs (2022)
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Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Fish, crustaceans, & molluscs by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $739M
TOP IMPORT POTENTIALIndia+ $44.7M

Fish, crustaceans, & molluscs’s highest export potential is United States. With an export gap of $739M.  Fish, crustaceans, & molluscs’s highest import potential is India with an import gap of $44.7M.

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 (2022)

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