HS Icon Fish Fillets

0304 (Harmonized System 1992 for 4-digit)

World Trade (2018): $25.2B, Rnk 153 / 1225

Top Exporter (2018): $4.29B, China

Top Importer (2018): $5.98B, United States

Product Complexity (2018): -1.01, Rnk 822 / 1018

Export Growth (CAGR)(2017 - 2018): 6.78%, Rnk 902 / 1225

Mean Tariff (2018): 14.5%, Rnk 220 / 1259

Share of World Trade (2018): 0.14%, Rnk 153 / 1225

Overview:  This page contains the latest trade data of Fish Fillets. In 2018, Fish Fillets were the world's 153rd most traded product, with a total trade of $25.2B. Between 2017 and 2018 the exports of Fish Fillets grew by 6.78%, from  $23.6B to $25.2B. Trade in Fish Fillets represent 0.14% of total world trade.

Exports: In 2018 the top exporters of Fish Fillets  were China ($4.29B), Chile ($2.78B), Vietnam ($2.53B), Norway ($2.2B), and United States ($1.47B).

Imports: In 2018 the top importers of Fish Fillets were United States ($5.98B), Japan ($2.8B), Germany ($1.95B), France ($1.7B), and Netherlands ($1.04B).

Tariffs: In 2018 the average tariff for Fish Fillets was 14.5%, been the 220 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Fish Fillets are Barbados (98.6%), Iran (40%), Jamaica (40%), Belize (38.1%), and Trinidad and Tobago (37.8%). The countries with the lowest tariffs are Egypt (0%), Mauritius (0%), Hong Kong (0%), Singapore (0%), and Switzerland (0%).

Ranking: Fish Fillets ranks 822nd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $4.29B

Top Destination (2018): United States, $5.98B

Fish Fillets are the world's 153rd most traded product.

In 2018, the top exporters of Fish Fillets were China ($4.29B), Chile ($2.78B), Vietnam ($2.53B), Norway ($2.2B), and United States ($1.47B).

In 2018, the top importers of Fish Fillets were United States ($5.98B), Japan ($2.8B), Germany ($1.95B), France ($1.7B), and Netherlands ($1.04B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Vietnam, $686M

Top Destination Growth (2017 - 2018): China, $239M

Between 2017 and 2018, the exports of Fish Fillets grew the fastest in Vietnam ($686M), China ($364M), Poland ($224M), Sweden ($161M), and Netherlands ($157M).

Between 2017 and 2018, the fastest growing importers of Fish Fillets were China ($239M), Germany ($218M), Netherlands ($201M), Thailand ($178M), and South Korea ($177M).

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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 Fish Fillets.

In 2018,  market concentration measured using Shannon Entropy, was 4.65. This means that most of the exports of Fish Fillets are explained by 25 countries.

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TOP NET EXPORTER (2018): China, $3.8B

TOP NET IMPORTER (2018): United States, $4.5B

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

In 2018, the countries that had a largest trade value in exports than in imports of Fish Fillets were China ($3.8B), Chile ($2.75B), Vietnam ($2.4B), Norway ($2.12B), and Iceland ($970M).

In 2018, the countries that had a largest trade value in imports than in exports of Fish Fillets were United States ($4.5B), Japan ($2.6B), France ($1.46B), Germany ($1.27B), and Italy ($835M).

Trade Forecasts

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This section shows forecasts for total trade for Fish Fillets. 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 Fish Fillets was 14.5%.  The countries with the highest tariffs for importing Fish Fillets were Barbados (98.6%), Iran (40%), Jamaica (40%), Belize (38.1%), and Trinidad and Tobago (37.8%).

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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.