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Animal products; insects

041010 (Harmonized System 2022 for 6-digit)

2023
World Trade $13.3MRnk 5363 / 5606
2023
Top Exporter | Top Importer $5.93M | $5.08MChina | Thailand
2023
Product Complexity -0.63Rnk 4119 / 5606
2022 - 2023
Export Growth (CAGR) 35.9%Rnk 229 / 5606
2023
Share of World Trade <0.01%Rnk 5363 / 5606

About

Overview This page contains the latest trade data of Insects. In 2023, Insects were the world's 5363rd most traded product, with a total trade of $13.3M. Between 2022 and 2023 the exports of Insects grew by 35.9%, from $9.81M to $13.3M. Trade in Insects represent 0.000059% of total world trade.

Insects are a part of Other Edible Animal Products.

Exports In 2023 the top exporters of Insects  were China ($5.93M), Spain ($2.06M), United Kingdom ($934k), Australia ($840k), and Vietnam ($810k).

Imports In 2023 the top importers of Insects were Thailand ($5.08M), France ($1.63M), Australia ($1.42M), South Korea ($1.27M), and United States ($1.14M).

Ranking Insects ranks 4119th 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 Insects. 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

Year
Top Origin (2023)China$5.93M
Top Destination (2023)Thailand$5.08M

In 2023 Insects were the world's 5363rd most traded product (out of 5,606).

In 2023, the top exporters of Insects were China ($5.93M), Spain ($2.06M), United Kingdom ($934k), Australia ($840k), and Vietnam ($810k).

In 2023, the top importers of Insects were Thailand ($5.08M), France ($1.63M), Australia ($1.42M), South Korea ($1.27M), and United States ($1.14M).

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Exporters of Insects (2023)
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Importers of Insects (2023)
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Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)China$2.61M
Top Destination Growth (2022 -  2023)Thailand$4.1M

Between 2022 and 2023, the exports of Insects grew the fastest in China ($2.61M), Spain ($952k), United Kingdom ($890k), Canada ($378k), and Australia ($239k).

Between 2022 and 2023, the fastest growing importers of Insects were Thailand ($4.1M), France ($1.07M), Australia ($859k), Italy ($377k), and Spain ($298k).

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Exporters of Insects (2022 - 2023)

Importers of Insects (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Insects.

In 2023, market concentration measured using Shannon Entropy, was 3.05. This means that most of the exports of Insects are explained by 8 countries.

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Value of Exports in Insects

Net Trade

Year
TOP NET EXPORTER (2023)China$5.93M
TOP NET IMPORTER (2023)Thailand$4.79M

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

In 2023, the countries that had a largest trade value in exports than in imports of Insects were China ($5.93M), Spain ($1.73M), United Kingdom ($860k), Vietnam ($810k), and Canada ($351k).

In 2023, the countries that had a largest trade value in imports than in exports of Insects were Thailand ($4.79M), France ($1.53M), South Korea ($1.24M), United States ($1.02M), and Australia ($581k).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Insects by percentage of total exports

Product Complexity

Diversification Frontier

Specialization
Year

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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