HS Icon Molluscs and shellfish nes, prepared or preserved

160590 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $7.45B, Rnk 420 / 4648

2019
Top Exporter | Top Importer
: $2.11B | $1.1B, China | Japan

2019
Product Complexity
: -1.8, Rnk 4621 / 4826

2018 - 2019
Export Growth (CAGR)
: -10.1%, Rnk 3432 / 4648

2018
Mean Tariff
: 17.2%, Rnk 807 / 6538

 2019
Share of World Trade
: 0.041%, Rnk 420 / 4648

Overview:  This page contains the latest trade data of Molluscs and shellfish nes, prepared or preserved. In 2019, Molluscs and shellfish nes, prepared or preserved were the world's 420th most traded product, with a total trade of $7.45B. Between 2018 and 2019 the exports of Molluscs and shellfish nes, prepared or preserved decreased by -10.1%, from  $8.28B to $7.45B. Trade in Molluscs and shellfish nes, prepared or preserved represent 0.041% of total world trade.

Exports: In 2019 the top exporters of Molluscs and shellfish nes, prepared or preserved  were China ($2.11B), Spain ($517M), Japan ($506M), Morocco ($443M), and Vietnam ($411M).

Imports: In 2019 the top importers of Molluscs and shellfish nes, prepared or preserved were Japan ($1.1B), Hong Kong ($755M), South Korea ($754M), Spain ($662M), and United States ($650M).

Tariffs: In 2018 the average tariff for Molluscs and shellfish nes, prepared or preserved was 17.2%, making it the 807th lowest tariff using the HS6 product classification.

Ranking: Molluscs and shellfish nes, prepared or preserved ranks 4621st in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): China, $2.11B

Top Destination (2019): Japan, $1.1B

Molluscs and shellfish nes, prepared or preserved are the world's 420th most traded product.

In 2019, the top exporters of Molluscs and shellfish nes, prepared or preserved were China ($2.11B), Spain ($517M), Japan ($506M), Morocco ($443M), and Vietnam ($411M).

In 2019, the top importers of Molluscs and shellfish nes, prepared or preserved were Japan ($1.1B), Hong Kong ($755M), South Korea ($754M), Spain ($662M), and United States ($650M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): Malaysia, $34.8M

Top Destination Growth (2018 - 2019): China, $113M

Between 2018 and 2019, the exports of Molluscs and shellfish nes, prepared or preserved grew the fastest in Malaysia ($34.8M), Peru ($31.8M), New Zealand ($30M), South Korea ($18.1M), and Turkey ($16M).

Between 2018 and 2019, the fastest growing importers of Molluscs and shellfish nes, prepared or preserved were China ($113M), Malaysia ($40.1M), France ($26.6M), Philippines ($15.7M), and Thailand ($13.2M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Molluscs and shellfish nes, prepared or preserved.

In 2019,  market concentration measured using Shannon Entropy, was 4.33. This means that most of the exports of Molluscs and shellfish nes, prepared or preserved are explained by 20 countries.

Explore Visualizations

TOP NET EXPORTER (2019): China, $1.66B

TOP NET IMPORTER (2019): Hong Kong, $677M

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

In 2019, the countries that had a largest trade value in exports than in imports of Molluscs and shellfish nes, prepared or preserved were China ($1.66B), Morocco ($440M), Mauritania ($367M), Chile ($354M), and Peru ($328M).

In 2019, the countries that had a largest trade value in imports than in exports of Molluscs and shellfish nes, prepared or preserved were Hong Kong ($677M), South Korea ($628M), Japan ($594M), United States ($521M), and Italy ($402M).

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Molluscs and shellfish nes, prepared or preserved was 17.2%.  The countries with the highest tariffs for importing Molluscs and shellfish nes, prepared or preserved were Hungary (40%), Iran (40%), Gabon (29.4%), Chad (29.4%), and Estonia (25%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.