HS Icon Processed Fish

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

1604 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Processed Fish. In 2021, Processed Fish were the world's 216th most traded product, with a total trade of $19.7B. Between 2020 and 2021 the exports of Processed Fish grew by 4.97%, from $18.8B to $19.7B. Trade in Processed Fish represent 0.00094% of total world trade.

Processed Fish are a part of Preparations of fish, crustacenas, & molluscs. They include Tuna, skipjack, bonito, prepared/preserved, not mince, Fish nes, prepared or preserved, not minced, Fish prepared or preserved, except whole, in pieces, 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 2021 the top exporters of Processed Fish  were China ($4.32B), Thailand ($2.68B), Ecuador ($1.27B), Spain ($1.07B), and Germany ($815M).

Imports In 2021 the top importers of Processed Fish were United States ($2.18B), Japan ($1.71B), Italy ($1.3B), France ($1.11B), and Germany ($1.05B).

Tariffs In 2018 the average tariff for Processed Fish was 15.8%, making it the 167th lowest tariff using the HS4 product classification.

Ranking Processed Fish ranks 942nd in the Product Complexity Index (PCI).

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Y-AXIS SCALE

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.

* 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 (2021): China, $4.32B

Top Destination (2021): United States, $2.18B

Processed Fish are the world's 216th most traded product.

In 2021, the top exporters of Processed Fish were China ($4.32B), Thailand ($2.68B), Ecuador ($1.27B), Spain ($1.07B), and Germany ($815M).

In 2021, the top importers of Processed Fish were United States ($2.18B), Japan ($1.71B), Italy ($1.3B), France ($1.11B), and Germany ($1.05B).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): China, $1.13B

Top Destination Growth (2020 -  2021): Malaysia, $212M

Between 2020 and 2021, the exports of Processed Fish grew the fastest in China ($1.13B), Netherlands ($83.6M), Ecuador ($73.3M), Poland ($58.8M), and Belarus ($47.9M).

Between 2020 and 2021, the fastest growing importers of Processed Fish were Malaysia ($212M), United States ($140M), Mexico ($136M), Japan ($105M), and Spain ($91.7M).

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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 Processed Fish.

In 2021, market concentration measured using Shannon Entropy, was 4.63. This means that most of the exports of Processed Fish are explained by 24 countries.

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TOP NET EXPORTER (2021): China, $4.16B

TOP NET IMPORTER (2021): United States, $1.88B

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 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Processed Fish were China ($4.16B), Thailand ($2.37B), Ecuador ($1.25B), Morocco ($689M), and Vietnam ($614M).

In 2021, the countries that had a largest trade value in imports than in exports of Processed Fish were United States ($1.88B), Japan ($1.49B), Italy ($940M), France ($842M), and United Kingdom ($810M).

Disaggregation

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Value

In 2021, the world most traded Processed Fish, disaggragated by their HS6 level were Tuna, skipjack, bonito, prepared/preserved, not mince ($7.68B), Fish nes, prepared or preserved, not... ($4.53B), Fish prepared or preserved, except whole,... ($3B), Sardine, brisling, sprat prepared/preserved,not mince ($1.39B), and Salmon prepared or preserved, not minced ($844M)

Country Comparison

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Measure
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.

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