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Lobsters (Homarus), not frozen

030622 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.74BRnk 1619 / 4648
2022
Top Exporter | Top Importer $974M | $580MCanada | China
2022
Product Complexity -1.38Rnk 4165 / 4653
2021 - 2022
Export Growth (CAGR) -12%Rnk 4056 / 4648
2022
Share of World Trade 0.0073%Rnk 1619 / 4648

About

Overview This page contains the latest trade data of Fresh Homarus Lobsters. In 2022, Fresh Homarus Lobsters were the world's 1619th most traded product, with a total trade of $1.74B. Between 2021 and 2022 the exports of Fresh Homarus Lobsters decreased by -12%, from $1.98B to $1.74B. Trade in Fresh Homarus Lobsters represent 0.0073% of total world trade.

Fresh Homarus Lobsters are a part of Crustaceans.

Exports In 2022 the top exporters of Fresh Homarus Lobsters  were Canada ($974M), United States ($471M), Vietnam ($68.2M), United Kingdom ($66.7M), and Australia ($43.6M).

Imports In 2022 the top importers of Fresh Homarus Lobsters were China ($580M), United States ($430M), Canada ($184M), France ($92.1M), and Hong Kong ($71.9M).

Ranking Fresh Homarus Lobsters ranks 4165th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Fresh Homarus Lobsters. 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)Canada$974M
Top Destination (2022)China$580M

In 2022 Fresh Homarus Lobsters were the world's 1619th most traded product (out of 4,648).

In 2022, the top exporters of Fresh Homarus Lobsters were Canada ($974M), United States ($471M), Vietnam ($68.2M), United Kingdom ($66.7M), and Australia ($43.6M).

In 2022, the top importers of Fresh Homarus Lobsters were China ($580M), United States ($430M), Canada ($184M), France ($92.1M), and Hong Kong ($71.9M).

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Exporters of Fresh Homarus Lobsters (2022)
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Importers of Fresh Homarus Lobsters (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Vietnam$59.8M
Top Destination Growth (2021 -  2022)China$58.5M

Between 2021 and 2022, the exports of Fresh Homarus Lobsters grew the fastest in Vietnam ($59.8M), France ($1.59M), Belgium ($1.38M), Singapore ($1.05M), and Egypt ($819k).

Between 2021 and 2022, the fastest growing importers of Fresh Homarus Lobsters were China ($58.5M), Spain ($9.81M), Italy ($3.37M), United States ($2.89M), and Malaysia ($2.85M).

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Exporters of Fresh Homarus Lobsters (2021 - 2022)

Importers of Fresh Homarus Lobsters (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Fresh Homarus Lobsters.

In 2022, market concentration measured using Shannon Entropy, was 1.98. This means that most of the exports of Fresh Homarus Lobsters are explained by 3 countries.

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Value of Exports in Fresh Homarus Lobsters

Net Trade

TOP NET EXPORTER (2022)Canada$791M
TOP NET IMPORTER (2022)China$580M

This map shows which countries export or import more of Fresh Homarus Lobsters. Each country is colored based on the difference in exports and imports of Fresh Homarus Lobsters during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Fresh Homarus Lobsters were Canada ($791M), Vietnam ($58.7M), United Kingdom ($47.9M), Australia ($43.1M), and United States ($40.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Fresh Homarus Lobsters were China ($580M), Hong Kong ($67.5M), Italy ($66.4M), France ($62.1M), and Spain ($58.6M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Fresh Homarus Lobsters by percentage of total exports

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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