HS Icon Processed Fish

0305 (Harmonized System 1992 for 4-digit)

World Trade (2018): $6.73B, Rnk 432 / 1225

Top Exporter (2018): $1.09B, Norway

Top Importer (2018): $974M, Germany

Product Complexity (2018): -1.27, Rnk 889 / 1018

Export Growth (CAGR)(2017 - 2018): 3.47%, Rnk 1009 / 1225

Mean Tariff (2018): 10.5%, Rnk 399 / 1259

Share of World Trade (2018): 0.037%, Rnk 432 / 1225

Overview:  This page contains the latest trade data of Processed Fish. In 2018, Processed Fish were the world's 432nd most traded product, with a total trade of $6.73B. Between 2017 and 2018 the exports of Processed Fish grew by 3.47%, from  $6.5B to $6.73B. Trade in Processed Fish represent 0.037% of total world trade.

Exports: In 2018 the top exporters of Processed Fish  were Norway ($1.09B), Poland ($911M), China ($440M), Denmark ($397M), and Germany ($395M).

Imports: In 2018 the top importers of Processed Fish were Germany ($974M), Portugal ($650M), Italy ($640M), Hong Kong ($423M), and Spain ($327M).

Tariffs: In 2018 the average tariff for Processed Fish was 10.5%, been the 399 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Processed Fish are Tunisia (36%), Turkey (35.1%), Sudan (35%), Cambodia (34.2%), and Angola (30%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and North Macedonia (0%).

Ranking: Processed Fish ranks 889th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Norway, $1.09B

Top Destination (2018): Germany, $974M

Processed Fish are the world's 432nd most traded product.

In 2018, the top exporters of Processed Fish were Norway ($1.09B), Poland ($911M), China ($440M), Denmark ($397M), and Germany ($395M).

In 2018, the top importers of Processed Fish were Germany ($974M), Portugal ($650M), Italy ($640M), Hong Kong ($423M), and Spain ($327M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Iceland, $115M

Top Destination Growth (2017 - 2018): Netherlands, $62M

Between 2017 and 2018, the exports of Processed Fish grew the fastest in Iceland ($115M), China ($92.3M), Poland ($73M), Greece ($47.2M), and Germany ($38.8M).

Between 2017 and 2018, the fastest growing importers of Processed Fish were Netherlands ($62M), Brazil ($61.4M), Spain ($52.2M), Vietnam ($45.6M), and Hong Kong ($34M).

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Market Concentration

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Cumulative market share

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

In 2018,  market concentration measured using Shannon Entropy, was 4.73. This means that most of the exports of Processed Fish are explained by 26 countries.

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TOP NET EXPORTER (2018): Norway, $1.07B

TOP NET IMPORTER (2018): Italy, $614M

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 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Processed Fish were Norway ($1.07B), Poland ($894M), China ($321M), Lithuania ($299M), and Denmark ($298M).

In 2018, the countries that had a largest trade value in imports than in exports of Processed Fish were Italy ($614M), Germany ($579M), Portugal ($561M), Hong Kong ($327M), and United States ($250M).

Trade Forecasts

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This section shows forecasts for total trade for Processed 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 Processed Fish was 10.5%.  The countries with the highest tariffs for importing Processed Fish were Tunisia (36%), Turkey (35.1%), Sudan (35%), Cambodia (34.2%), and Angola (30%).

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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.