Crustaceans, molluscs and other aquatic invertebrates, prepared or preserved

1605 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Processed Crustaceans. In 2021, Processed Crustaceans were the world's 206th most traded product, with a total trade of $20.9B. Between 2020 and 2021 the exports of Processed Crustaceans grew by 27.1%, from $16.5B to $20.9B. Trade in Processed Crustaceans represent 0.099% of total world trade.

Processed Crustaceans are a part of Preparations of fish, crustacenas, & molluscs. They include Shrimps and prawns, prepared or preserved, Molluscs and shellfish nes, prepared or preserved, Crab, prepared or preserved, Crustaceans nes, prepared or preserved, and Lobster, prepared or preserved.

Exports In 2021 the top exporters of Processed Crustaceans  were China ($4.53B), Vietnam ($2.13B), Indonesia ($1.49B), Thailand ($1.12B), and Russia ($1.02B).

Imports In 2021 the top importers of Processed Crustaceans were United States ($4.79B), Japan ($1.91B), China ($1.61B), South Korea ($1.46B), and Spain ($1.16B).

Ranking Processed Crustaceans ranks 968th in the Product Complexity Index (PCI).

Latest Data

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The following visualization shows the latest trends on Processed Crustaceans. 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

Exporters and Importers

Top Origin (2021)China$4.53B
Top Destination (2021)United States$4.79B

In 2021 Processed Crustaceans were the world's 206th most traded product (out of 1,217).

In 2021, the top exporters of Processed Crustaceans were China ($4.53B), Vietnam ($2.13B), Indonesia ($1.49B), Thailand ($1.12B), and Russia ($1.02B).

In 2021, the top importers of Processed Crustaceans were United States ($4.79B), Japan ($1.91B), China ($1.61B), South Korea ($1.46B), and Spain ($1.16B).

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Exporters of Processed Crustaceans (2021)
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Importers of Processed Crustaceans (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)China$1.18B
Top Destination Growth (2020 -  2021)United States$1.32B

Between 2020 and 2021, the exports of Processed Crustaceans grew the fastest in China ($1.18B), Canada ($388M), Indonesia ($364M), Morocco ($303M), and Spain ($301M).

Between 2020 and 2021, the fastest growing importers of Processed Crustaceans were United States ($1.32B), Spain ($508M), China ($439M), Malaysia ($271M), and Italy ($240M).

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Exporters of Processed Crustaceans (2020 - 2021)

Importers of Processed Crustaceans (2020 - 2021)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Processed Crustaceans.

In 2021, market concentration measured using Shannon Entropy, was 4.61. This means that most of the exports of Processed Crustaceans are explained by 24 countries.

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Value of Exports in Processed Crustaceans

Net Trade

TOP NET EXPORTER (2021)China$2.92B
TOP NET IMPORTER (2021)United States$4.44B

This map shows which countries export or import more of Processed Crustaceans. Each country is colored based on the difference in exports and imports of Processed Crustaceans during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Processed Crustaceans were China ($2.92B), Vietnam ($1.98B), Indonesia ($1.45B), Russia ($818M), and Morocco ($762M).

In 2021, the countries that had a largest trade value in imports than in exports of Processed Crustaceans were United States ($4.44B), Japan ($1.38B), South Korea ($1.18B), Hong Kong ($1.08B), and Italy ($635M).

Net Trade (2021)

Disaggregation

Value

In 2021, the world most traded Processed Crustaceans, disaggragated by their HS6 level were Molluscs and shellfish nes, prepared or... ($8.89B), Shrimps and prawns, prepared or preserved ($7.38B), Crab, prepared or preserved ($3.53B), Lobster, prepared or preserved ($583M), and Crustaceans nes, prepared or preserved ($534M)

HS6 Disaggregation for Processed Crustaceans (2021)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Processed Crustaceans 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 (2021)

Country by Relatedness

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

Relative Relatedness by Country (2021)

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