HS Icon Fish Fillets

0304 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $25.4B, Rnk 148 / 1217

2019
Top Exporter | Top Importer
: $4.15B | $5.76B, China | United States

2019
Product Complexity
: -1.17, Rnk 815 / 961

2018 - 2019
Export Growth (CAGR)
: -1.34%, Rnk 496 / 1217

2018
Mean Tariff
: 14.5%, Rnk 220 / 1259

 2019
Share of World Trade
: 0.14%, Rnk 148 / 1217

Overview:  This page contains the latest trade data of Fish Fillets. In 2019, Fish Fillets were the world's 148th most traded product, with a total trade of $25.4B. Between 2018 and 2019 the exports of Fish Fillets decreased by -1.34%, from  $25.8B to $25.4B. Trade in Fish Fillets represent 0.14% of total world trade.

Exports: In 2019 the top exporters of Fish Fillets  were China ($4.15B), Vietnam ($2.86B), Chile ($2.79B), Norway ($2.33B), and United States ($1.48B).

Imports: In 2019 the top importers of Fish Fillets were United States ($5.76B), Japan ($2.99B), Germany ($1.96B), France ($1.65B), and United Kingdom ($1.12B).

Tariffs: In 2018 the average tariff for Fish Fillets was 14.5%, making it the 220th 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 815th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $4.15B

Top Destination (2019): United States, $5.76B

Fish Fillets are the world's 148th most traded product.

In 2019, the top exporters of Fish Fillets were China ($4.15B), Vietnam ($2.86B), Chile ($2.79B), Norway ($2.33B), and United States ($1.48B).

In 2019, the top importers of Fish Fillets were United States ($5.76B), Japan ($2.99B), Germany ($1.96B), France ($1.65B), and United Kingdom ($1.12B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Norway, $116M

Top Destination Growth (2018 - 2019): China, $145M

Between 2018 and 2019, the exports of Fish Fillets grew the fastest in Norway ($116M), Iceland ($70.1M), United Kingdom ($65.2M), Indonesia ($46.7M), and Japan ($33.4M).

Between 2018 and 2019, the fastest growing importers of Fish Fillets were China ($145M), United Kingdom ($106M), Finland ($34.8M), Canada ($33.4M), and Israel ($30.1M).

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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 2019,  market concentration measured using Shannon Entropy, was 4.63. This means that most of the exports of Fish Fillets are explained by 24 countries.

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TOP NET EXPORTER (2019): China, $3.41B

TOP NET IMPORTER (2019): United States, $4.29B

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 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Fish Fillets were China ($3.41B), Chile ($2.77B), Vietnam ($2.74B), Norway ($2.25B), and Iceland ($1.04B).

In 2019, the countries that had a largest trade value in imports than in exports of Fish Fillets were United States ($4.29B), Japan ($2.75B), France ($1.42B), Germany ($1.33B), and Italy ($822M).

Disaggregation

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Value

In 2019, the world most traded Fish Fillets, disaggragated by their HS6 level were Fish fillets, frozen ($15.8B), Fish fillet or meat, fresh or... ($6.42B), and Fish meat & mince, except liver,... ($3.19B)

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.