HS Icon Molluscs

0307 (Harmonized System 1992 for 4-digit)

Overview:  This page contains the latest trade data of Molluscs. In 2019, Molluscs were the world's 303rd most traded product, with a total trade of $10.8B. Between 2018 and 2019 the exports of Molluscs decreased by -4.46%, from $11.4B to $10.8B. Trade in Molluscs represent 0.06% of total world trade.

Exports: In 2019 the top exporters of Molluscs  were China ($2.4B), India ($690M), Spain ($668M), Peru ($646M), and Japan ($488M).

Imports: In 2019 the top importers of Molluscs were China ($1.62B), Spain ($1.45B), Japan ($1.03B), Italy ($999M), and South Korea ($750M).

Tariffs: In 2018 the average tariff for Molluscs was 10.5%, making it the 401st lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Molluscs are Jamaica (37.7%), Turkey (36.4%), Sudan (35%), Tunisia (34.8%), and Bahamas (33.9%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and North Macedonia (0%).

Ranking: Molluscs ranks 908th in the Product Complexity Index (PCI).

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): China, $2.4B

Top Destination (2019): China, $1.62B

Molluscs are the world's 303rd most traded product.

In 2019, the top exporters of Molluscs were China ($2.4B), India ($690M), Spain ($668M), Peru ($646M), and Japan ($488M).

In 2019, the top importers of Molluscs were China ($1.62B), Spain ($1.45B), Japan ($1.03B), Italy ($999M), and South Korea ($750M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): Peru, $222M

Top Destination Growth (2018 - 2019): China, $393M

Between 2018 and 2019, the exports of Molluscs grew the fastest in Peru ($222M), New Zealand ($77.4M), Morocco ($77M), Russia ($47.7M), and Canada ($33M).

Between 2018 and 2019, the fastest growing importers of Molluscs were China ($393M), Chinese Taipei ($15.3M), Malaysia ($12.1M), Netherlands ($11.8M), and Morocco ($10.7M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Molluscs.

In 2019,  market concentration measured using Shannon Entropy, was 4.72. This means that most of the exports of Molluscs are explained by 26 countries.

Explore Visualizations

TOP NET EXPORTER (2019): China, $780M

TOP NET IMPORTER (2019): Italy, $892M

This map shows which countries export or import more of Molluscs. Each country is colored based on the difference in exports and imports of Molluscs during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Molluscs were China ($780M), India ($686M), Peru ($643M), Indonesia ($447M), and Mauritania ($377M).

In 2019, the countries that had a largest trade value in imports than in exports of Molluscs were Italy ($892M), Spain ($783M), South Korea ($591M), Japan ($544M), and Hong Kong ($406M).

Disaggregation

#permalink to section
Value

In 2019, the world most traded Molluscs, disaggragated by their HS6 level were Aquatic invertebrates nes, frozen or preserved ($7.14B), Aquatic invertebrates nes, fresh or chilled,... ($977M), Cuttle fish, squid, frozen, dried, salted... ($589M), Mussels, shelled or not, live, fresh... ($392M), and Octopus, frozen, dried, salted or in... ($373M)

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Molluscs was 10.5%. The countries with the highest tariffs for importing Molluscs were Jamaica (37.7%), Turkey (36.4%), Sudan (35%), Tunisia (34.8%), and Bahamas (33.9%).

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
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

#permalink to section

The following visualization shows the relatedness of Molluscs to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.