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Prepared or preserved fish; caviar and caviar substitutes prepared from fish eggs

1604 (Harmonized System 1992 for 4-digit)

2023
World Trade $18.9BRnk 212 / 1217
2023
Top Exporter | Top Importer $2.97B | $2.1BThailand | United States
2023
Product Complexity -1.32Rnk 935 / 1044
2022 - 2023
Export Growth (CAGR) -2.89%Rnk 495 / 1217
2023
Share of World Trade 0.084%Rnk 212 / 1217

About

Overview This page contains the latest trade data of Processed Fish. In 2023, Processed Fish were the world's 212th most traded product, with a total trade of $18.9B. Between 2022 and 2023 the exports of Processed Fish decreased by -2.89%, from $19.5B to $18.9B. Trade in Processed Fish represent 0.084% of total world trade.

Processed Fish are a part of Preparations of fish, crustacenas, & molluscs. They include Tuna, skipjack, bonito, prepared/preserved, not mince, Prepared/Preserved Fish (Not Minced), Prepared/Preserved Fish (excl. Whole), Sardine, brisling, sprat prepared/preserved,not mince, Salmon prepared or preserved, not minced, Mackerel, prepared or preserved, not minced, Herrings, prepared or preserved, not minced, Caviar and caviar substitutes prepared from fish eggs, and Anchovies, prepared or preserved, not minced.

Exports In 2023 the top exporters of Processed Fish  were Thailand ($2.97B), China ($2.6B), Ecuador ($1.37B), Spain ($1.21B), and Poland ($895M).

Imports In 2023 the top importers of Processed Fish were United States ($2.1B), Japan ($1.67B), Italy ($1.5B), France ($1.22B), and Germany ($1.19B).

Ranking Processed Fish ranks 935th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Processed Fish. 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 (2023)Thailand$2.97B
Top Destination (2023)United States$2.1B

In 2023 Processed Fish were the world's 212th most traded product (out of 1,217).

In 2023, the top exporters of Processed Fish were Thailand ($2.97B), China ($2.6B), Ecuador ($1.37B), Spain ($1.21B), and Poland ($895M).

In 2023, the top importers of Processed Fish were United States ($2.1B), Japan ($1.67B), Italy ($1.5B), France ($1.22B), and Germany ($1.19B).

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Exporters of Processed Fish (2023)
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Importers of Processed Fish (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Spain$120M
Top Destination Growth (2022 -  2023)Italy$131M

Between 2022 and 2023, the exports of Processed Fish grew the fastest in Spain ($120M), Lithuania ($82.3M), Poland ($75.2M), Germany ($41.1M), and Portugal ($38.1M).

Between 2022 and 2023, the fastest growing importers of Processed Fish were Italy ($131M), France ($89.9M), Germany ($62.3M), Vietnam ($47.1M), and Saudi Arabia ($37.1M).

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Exporters of Processed Fish (2022 - 2023)

Importers of Processed Fish (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.82. This means that most of the exports of Processed Fish are explained by 28 countries.

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Value of Exports in Processed Fish

Net Trade

TOP NET EXPORTER (2023)Thailand$2.69B
TOP NET IMPORTER (2023)United States$1.8B

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

In 2023, the countries that had a largest trade value in exports than in imports of Processed Fish were Thailand ($2.69B), China ($2.49B), Ecuador ($1.36B), Morocco ($698M), and Poland ($694M).

In 2023, the countries that had a largest trade value in imports than in exports of Processed Fish were United States ($1.8B), Japan ($1.49B), Italy ($1.12B), France ($939M), and United Kingdom ($827M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Processed Fish, disaggragated by their HS6 level were Tuna, skipjack, bonito, prepared/preserved, not mince ($8.63B), Prepared/Preserved Fish (Not Minced) ($3.29B), Prepared/Preserved Fish (excl. Whole) ($2.6B), Sardine, brisling, sprat prepared/preserved,not mince ($1.41B), and Salmon prepared or preserved, not minced ($913M)

HS6 Disaggregation for Processed Fish (2023)
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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 Fish.
It is possible to select the main countries that export or import Processed Fish in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Processed Fish by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $91.8M
TOP IMPORT POTENTIALThailand+ $19.8M

Processed Fish’s highest export potential is United States. With an export gap of $91.8M.  Processed Fish’s highest import potential is Thailand with an import gap of $19.8M.

See methodology.

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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 (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Processed Fish.

Country by Relatedness

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

Relative Relatedness by Country (2023)

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