HS Icon Molluscs

0307 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Molluscs. In 2020, Molluscs were the world's 331st most traded product, with a total trade of $9.09B. Between 2019 and 2020 the exports of Molluscs decreased by -17%, from $11B to $9.09B. Trade in Molluscs represent 0.054% of total world trade.

Molluscs are a part of Fish and crustaceans, molluscs and other aquatic invertebrates. They include Cuttle fish, squid, frozen, dried, salted or in brine, Aquatic invertebrates nes, frozen or preserved, Octopus, frozen, dried, salted or in brine, Aquatic invertebrates nes, fresh or chilled, live, Scallops other than live, fresh or chilled, Cuttle fish, squid, live, fresh or chilled, Mussels, shelled or not, live, fresh or chilled, Scallops, live, fresh or chilled, Oysters, and Mussels, frozen, dried, salted or in brine, among others.

Exports In 2020 the top exporters of Molluscs  were China ($1.94B), Spain ($563M), India ($511M), Indonesia ($436M), and Peru ($433M).

Imports In 2020 the top importers of Molluscs were Spain ($1.31B), China ($1.24B), Japan ($860M), Italy ($803M), and South Korea ($789M).

Tariffs In 2018 the average tariff for Molluscs was 10.4%, making it the 396th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Molluscs are Jamaica (37.7%), Turkey (36.3%), Sudan (35%), and Tunisia (34.8%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and North Macedonia (0%).

Ranking Molluscs ranks 964th in the Product Complexity Index (PCI).

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on 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.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): China, $1.94B

Top Destination (2020): Spain, $1.31B

Molluscs are the world's 331st most traded product.

In 2020, the top exporters of Molluscs were China ($1.94B), Spain ($563M), India ($511M), Indonesia ($436M), and Peru ($433M).

In 2020, the top importers of Molluscs were Spain ($1.31B), China ($1.24B), Japan ($860M), Italy ($803M), and South Korea ($789M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Argentina, $182M

Top Destination Growth (2019 - 2020): South Korea, $36.7M

Between 2019 and 2020, the exports of Molluscs grew the fastest in Argentina ($182M), Morocco ($58.5M), Myanmar ($33.3M), Vietnam ($20.5M), and Pakistan ($19.4M).

Between 2019 and 2020, the fastest growing importers of Molluscs were South Korea ($36.7M), Russia ($7.3M), Norway ($3.41M), Saudi Arabia ($3.29M), and Philippines ($3.1M).

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Market Concentration

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Cumulative market share

Value

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

In 2020,  market concentration measured using Shannon Entropy, was 4.74. This means that most of the exports of Molluscs are explained by 26 countries.

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TOP NET EXPORTER (2020): China, $696M

TOP NET IMPORTER (2020): Spain, $750M

This map shows which countries export or import more of Molluscs. Each country is colored based on the difference in exports and imports of Molluscs during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Molluscs were China ($696M), India ($508M), Peru ($431M), Indonesia ($426M), and Argentina ($402M).

In 2020, the countries that had a largest trade value in imports than in exports of Molluscs were Spain ($750M), Italy ($701M), South Korea ($648M), Japan ($476M), and Hong Kong ($385M).

Disaggregation

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Value

In 2019, the world most traded Molluscs, disaggragated by their HS6 level were Aquatic invertebrates nes, frozen or preserved ($6.08B), Aquatic invertebrates nes, fresh or chilled,... ($902M), Cuttle fish, squid, frozen, dried, salted... ($427M), Cuttle fish, squid, live, fresh or... ($346M), and Mussels, shelled or not, live, fresh... ($306M)

Country Comparison

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Measure
Ranking

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

Import Tariffs

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In 2018, the average tariff for importing Molluscs was 10.4%. The countries with the highest tariffs for importing Molluscs were Jamaica (37.7%), Turkey (36.3%), Sudan (35%), and Tunisia (34.8%).

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Molluscs to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.