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Lobsters (Homarus) frozen

030612 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.05BRnk 2144 / 4648
2022
Top Exporter | Top Importer $835M | $515MCanada | United States
2022
Product Complexity -2.1Rnk 4550 / 4653
2021 - 2022
Export Growth (CAGR) -17.3%Rnk 4250 / 4648
2022
Share of World Trade 0.0044%Rnk 2144 / 4648

About

Overview This page contains the latest trade data of Frozen Homarus Lobsters. In 2022, Frozen Homarus Lobsters were the world's 2144th most traded product, with a total trade of $1.05B. Between 2021 and 2022 the exports of Frozen Homarus Lobsters decreased by -17.3%, from $1.27B to $1.05B. Trade in Frozen Homarus Lobsters represent 0.0044% of total world trade.

Frozen Homarus Lobsters are a part of Crustaceans.

Exports In 2022 the top exporters of Frozen Homarus Lobsters  were Canada ($835M), United States ($41.6M), France ($24.2M), Somalia ($17.7M), and Egypt ($17.2M).

Imports In 2022 the top importers of Frozen Homarus Lobsters were United States ($515M), South Korea ($60.2M), Spain ($56.9M), China ($40.2M), and France ($30.8M).

Ranking Frozen Homarus Lobsters ranks 4550th 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 Frozen 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$835M
Top Destination (2022)United States$515M

In 2022 Frozen Homarus Lobsters were the world's 2144th most traded product (out of 4,648).

In 2022, the top exporters of Frozen Homarus Lobsters were Canada ($835M), United States ($41.6M), France ($24.2M), Somalia ($17.7M), and Egypt ($17.2M).

In 2022, the top importers of Frozen Homarus Lobsters were United States ($515M), South Korea ($60.2M), Spain ($56.9M), China ($40.2M), and France ($30.8M).

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

Color
Top Origin Growth (2021 -  2022)Egypt$12M
Top Destination Growth (2021 -  2022)Spain$20.3M

Between 2021 and 2022, the exports of Frozen Homarus Lobsters grew the fastest in Egypt ($12M), Somalia ($7.86M), France ($7.27M), Vietnam ($6.32M), and Netherlands ($4.77M).

Between 2021 and 2022, the fastest growing importers of Frozen Homarus Lobsters were Spain ($20.3M), Japan ($15.7M), South Korea ($15.4M), Netherlands ($13.2M), and Singapore ($10.4M).

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Exporters of Frozen Homarus Lobsters (2021 - 2022)

Importers of Frozen Homarus Lobsters (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 1.61. This means that most of the exports of Frozen Homarus Lobsters are explained by 3 countries.

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Value of Exports in Frozen Homarus Lobsters

Net Trade

TOP NET EXPORTER (2022)Canada$805M
TOP NET IMPORTER (2022)United States$474M

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

In 2022, the countries that had a largest trade value in exports than in imports of Frozen Homarus Lobsters were Canada ($805M), Somalia ($17.7M), Egypt ($16.5M), Belize ($6.82M), and Vietnam ($5.33M).

In 2022, the countries that had a largest trade value in imports than in exports of Frozen Homarus Lobsters were United States ($474M), South Korea ($60.1M), Spain ($49.5M), China ($39.5M), and Japan ($30.7M).

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 Frozen Homarus Lobsters.
It is possible to select the main countries that export or import Frozen Homarus Lobsters in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Frozen 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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