HS Icon Non-fillet Frozen Fish

0303 (Harmonized System 1992 for 4-digit)

World Trade (2018): $26.2B, Rnk 148 / 1225

Top Exporter (2018): $2.7B, Russia

Top Importer (2018): $4.34B, China

Product Complexity (2018): -1.61, Rnk 955 / 1018

Export Growth (CAGR)(2017 - 2018): 10.7%, Rnk 735 / 1225

Mean Tariff (2018): 9.97%, Rnk 429 / 1259

Share of World Trade (2018): 0.14%, Rnk 148 / 1225

Overview: In 2018, Non-fillet Frozen Fish were the world's 148th most traded product, with a total trade of $26.2B. Between 2017 and 2018 the exports of Non-fillet Frozen Fish grew by 10.7%, from  $23.7B to $26.2B. Trade in Non-fillet Frozen Fish represent 0.14% of total world trade.

Exports: In 2018 the top exporters of Non-fillet Frozen Fish  were Russia ($2.7B), China ($2.65B), United States ($2.18B), Chile ($1.84B), and Norway ($1.4B).

Imports: In 2018 the top importers of Non-fillet Frozen Fish were China ($4.34B), Japan ($3.04B), Thailand ($2.22B), South Korea ($1.65B), and Vietnam ($1.02B).

Tariffs: In 2018 the average tariff for Non-fillet Frozen Fish was 9.97%, been the 429 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Non-fillet Frozen Fish are Barbados (36.8%), Sudan (35%), Bahamas (31.2%), Jamaica (30.5%), and Belize (30.3%). The countries with the lowest tariffs are Egypt (0%), Mauritius (0%), Hong Kong (0%), Singapore (0%), and Switzerland (0%).

Ranking: Non-fillet Frozen Fish ranks 955th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Russia, $2.7B

Top Destination (2018): China, $4.34B

Non-fillet Frozen Fish are the world's 148th most traded product.

In 2018, the top exporters of Non-fillet Frozen Fish were Russia ($2.7B), China ($2.65B), United States ($2.18B), Chile ($1.84B), and Norway ($1.4B).

In 2018, the top importers of Non-fillet Frozen Fish were China ($4.34B), Japan ($3.04B), Thailand ($2.22B), South Korea ($1.65B), and Vietnam ($1.02B).

Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Russia, $589M

Top Destination Growth (2017 - 2018): Thailand, $1.04B

Between 2017 and 2018, the exports of Non-fillet Frozen Fish grew the fastest in Russia ($589M), Chinese Taipei ($404M), China ($313M), Chile ($271M), and Greenland ($114M).

Between 2017 and 2018, the fastest growing importers of Non-fillet Frozen Fish were Thailand ($1.04B), China ($871M), Cote d'Ivoire ($228M), Netherlands ($224M), and South Korea ($196M).

Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Non-fillet Frozen Fish.

In 2018,  market concentration measured using Shannon Entropy, was 5.2. This means that most of the exports of Non-fillet Frozen Fish are explained by 36 countries.

TOP NET EXPORTER (2018): Russia, $1.91B

TOP NET IMPORTER (2018): Japan, $2.4B

This map shows which countries export or import more of Non-fillet Frozen Fish. Each country is colored based on the difference in exports and imports of Non-fillet Frozen Fish during 2018.

In 2018, the countries that had a largest trade value in exports than imports of Non-fillet Frozen Fish were Russia ($1.91B), Chile ($1.83B), United States ($1.43B), Norway ($1.34B), and Chinese Taipei ($712M).

In 2018, the countries that had a largest trade value in imports than exports of Non-fillet Frozen Fish were Japan ($2.4B), Thailand ($2.08B), China ($1.7B), South Korea ($983M), and Vietnam ($691M).

Trade Forecasts

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This section shows forecasts for total trade for Non-fillet Frozen Fish. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Non-fillet Frozen Fish was 9.97%.  The countries with the highest tariffs for importing Non-fillet Frozen Fish were Barbados (36.8%), Sudan (35%), Bahamas (31.2%), Jamaica (30.5%), and Belize (30.3%).

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Product Complexity

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Diversification Frontier

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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.