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160530 (Harmonized System 1992 for 6-digit)

2022
World Trade $395MRnk 3149 / 4648
2022
Top Exporter | Top Importer $351M | $342MCanada | United States
2022
Product Complexity -0.96Rnk 3771 / 4653
2021 - 2022
Export Growth (CAGR) -33%Rnk 4474 / 4648
2022
Share of World Trade 0.0017%Rnk 3149 / 4648

About

Overview This page contains the latest trade data of Lobster, prepared or preserved. In 2022, Lobster, prepared or preserved were the world's 3149th most traded product, with a total trade of $395M. Between 2021 and 2022 the exports of Lobster, prepared or preserved decreased by -33%, from $590M to $395M. Trade in Lobster, prepared or preserved represent 0.0017% of total world trade.

Lobster, prepared or preserved are a part of Processed Crustaceans.

Exports In 2022 the top exporters of Lobster, prepared or preserved  were Canada ($351M), United Arab Emirates ($11.9M), United States ($9.71M), Ireland ($4.15M), and China ($2.72M).

Imports In 2022 the top importers of Lobster, prepared or preserved were United States ($342M), Canada ($7.4M), Hong Kong ($5.08M), United Kingdom ($4.93M), and China ($4.69M).

Ranking Lobster, prepared or preserved ranks 3771st 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 Lobster, prepared or preserved. 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$351M
Top Destination (2022)United States$342M

In 2022 Lobster, prepared or preserved were the world's 3149th most traded product (out of 4,648).

In 2022, the top exporters of Lobster, prepared or preserved were Canada ($351M), United Arab Emirates ($11.9M), United States ($9.71M), Ireland ($4.15M), and China ($2.72M).

In 2022, the top importers of Lobster, prepared or preserved were United States ($342M), Canada ($7.4M), Hong Kong ($5.08M), United Kingdom ($4.93M), and China ($4.69M).

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Exporters of Lobster, prepared or preserved (2022)
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Importers of Lobster, prepared or preserved (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$1.42M
Top Destination Growth (2021 -  2022)China$3.49M

Between 2021 and 2022, the exports of Lobster, prepared or preserved grew the fastest in China ($1.42M), India ($994k), United Arab Emirates ($553k), Chile ($459k), and Chinese Taipei ($413k).

Between 2021 and 2022, the fastest growing importers of Lobster, prepared or preserved were China ($3.49M), France ($1.15M), Sweden ($626k), Philippines ($596k), and United Arab Emirates ($522k).

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Exporters of Lobster, prepared or preserved (2021 - 2022)

Importers of Lobster, prepared or preserved (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Lobster, prepared or preserved.

In 2022, market concentration measured using Shannon Entropy, was 0.89. This means that most of the exports of Lobster, prepared or preserved are explained by 1 countries.

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Value of Exports in Lobster, prepared or preserved

Net Trade

TOP NET EXPORTER (2022)Canada$344M
TOP NET IMPORTER (2022)United States$332M

This map shows which countries export or import more of Lobster, prepared or preserved. Each country is colored based on the difference in exports and imports of Lobster, prepared or preserved during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Lobster, prepared or preserved were Canada ($344M), United Arab Emirates ($11.2M), Ireland ($4.11M), India ($1.53M), and Netherlands ($1.08M).

In 2022, the countries that had a largest trade value in imports than in exports of Lobster, prepared or preserved were United States ($332M), United Kingdom ($4.85M), Hong Kong ($4.38M), Spain ($3.15M), and Italy ($2.53M).

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 Lobster, prepared or preserved.
It is possible to select the main countries that export or import Lobster, prepared or preserved in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Lobster, prepared or preserved 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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