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Fish and crustaceans, molluscs and other aquatic invertebrates

03 (Harmonized System 1992 for 2-digit)

2023
World Trade $129BRnk 33 / 96
2023
Top Exporter | Top Importer $14.9B | $20.4BNorway | United States
2023
Product Complexity -0.99Rnk 81 / 96
2022 - 2023
Export Growth (CAGR) -8.71%Rnk 62 / 96
2023
Share of World Trade 0.57%Rnk 33 / 96

About

Overview This page contains the latest trade data of Fish, crustaceans, & molluscs. In 2023, Fish, crustaceans, & molluscs were the world's 33rd most traded product, with a total trade of $129B. Between 2022 and 2023 the exports of Fish, crustaceans, & molluscs decreased by -8.71%, from $142B to $129B. Trade in Fish, crustaceans, & molluscs represent 0.57% 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 2023 the top exporters of Fish, crustaceans, & molluscs  were Norway ($14.9B), China ($9.22B), Chile ($8B), Ecuador ($7.23B), and India ($6.4B).

Imports In 2023 the top importers of Fish, crustaceans, & molluscs were United States ($20.4B), China ($16.9B), Japan ($9.37B), Spain ($6.68B), and Italy ($6.38B).

Ranking Fish, crustaceans, & molluscs ranks 81st 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 (2023)Norway$14.9B
Top Destination (2023)United States$20.4B

In 2023 Fish, crustaceans, & molluscs were the world's 33rd most traded product (out of 96).

In 2023, the top exporters of Fish, crustaceans, & molluscs were Norway ($14.9B), China ($9.22B), Chile ($8B), Ecuador ($7.23B), and India ($6.4B).

In 2023, the top importers of Fish, crustaceans, & molluscs were United States ($20.4B), China ($16.9B), Japan ($9.37B), Spain ($6.68B), and Italy ($6.38B).

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Exporters of Fish, crustaceans, & molluscs (2023)
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Importers of Fish, crustaceans, & molluscs (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Sweden$409M
Top Destination Growth (2022 -  2023)Poland$279M

Between 2022 and 2023, the exports of Fish, crustaceans, & molluscs grew the fastest in Sweden ($409M), United Kingdom ($159M), Morocco ($115M), Namibia ($113M), and Netherlands ($109M).

Between 2022 and 2023, the fastest growing importers of Fish, crustaceans, & molluscs were Poland ($279M), Sweden ($216M), Ukraine ($163M), Denmark ($122M), and Macau ($119M).

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Exporters of Fish, crustaceans, & molluscs (2022 - 2023)

Importers of Fish, crustaceans, & molluscs (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 5.36. This means that most of the exports of Fish, crustaceans, & molluscs are explained by 41 countries.

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Value of Exports in Fish, crustaceans, & molluscs

Net Trade

TOP NET EXPORTER (2023)Norway$14.5B
TOP NET IMPORTER (2023)United States$15.5B

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Fish, crustaceans, & molluscs were Norway ($14.5B), Chile ($7.91B), Ecuador ($7.06B), India ($6.29B), and Canada ($2.97B).

In 2023, the countries that had a largest trade value in imports than in exports of Fish, crustaceans, & molluscs were United States ($15.5B), China ($7.72B), Japan ($7.47B), Italy ($5.82B), and France ($4.12B).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Fish, crustaceans, & molluscs, disaggragated by their HS6 level were Fish Fillets ($29.8B), Crustaceans ($28.2B), Non-fillet Frozen Fish ($26.2B), Non-fillet Fresh Fish ($23.4B), and Molluscs ($11.9B)

HS6 Disaggregation for Fish, crustaceans, & molluscs (2023)
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Country Comparison

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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

Flow
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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 (2023)

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