HS Icon Processed Fish

0305 (Harmonized System 1992 for 4-digit)

Overview:  This page contains the latest trade data of Processed Fish. In 2019, Processed Fish were the world's 427th most traded product, with a total trade of $6.69B. Between 2018 and 2019 the exports of Processed Fish decreased by -2.54%, from $6.87B to $6.69B. Trade in Processed Fish represent 0.037% of total world trade.

Exports: In 2019 the top exporters of Processed Fish  were Norway ($1.08B), Poland ($938M), China ($437M), Germany ($366M), and Denmark ($349M).

Imports: In 2019 the top importers of Processed Fish were Germany ($1B), Portugal ($656M), Italy ($645M), Hong Kong ($390M), and United States ($299M).

Tariffs: In 2018 the average tariff for Processed Fish was 10.5%, making it the 399th 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).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Norway, $1.08B

Top Destination (2019): Germany, $1B

Processed Fish are the world's 427th most traded product.

In 2019, the top exporters of Processed Fish were Norway ($1.08B), Poland ($938M), China ($437M), Germany ($366M), and Denmark ($349M).

In 2019, the top importers of Processed Fish were Germany ($1B), Portugal ($656M), Italy ($645M), Hong Kong ($390M), and United States ($299M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Poland, $27.8M

Top Destination Growth (2018 - 2019): China, $37.1M

Between 2018 and 2019, the exports of Processed Fish grew the fastest in Poland ($27.8M), Lithuania ($27.5M), Vietnam ($26.5M), Tanzania ($24M), and Netherlands ($16.2M).

Between 2018 and 2019, the fastest growing importers of Processed Fish were China ($37.1M), Germany ($32.1M), France ($22.9M), Russia ($18.1M), and Republic of the Congo ($15.3M).

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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 2019,  market concentration measured using Shannon Entropy, was 4.71. This means that most of the exports of Processed Fish are explained by 26 countries.

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TOP NET EXPORTER (2019): Norway, $1.06B

TOP NET IMPORTER (2019): Germany, $639M

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 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Processed Fish were Norway ($1.06B), Poland ($916M), Lithuania ($324M), Iceland ($280M), and Denmark ($273M).

In 2019, the countries that had a largest trade value in imports than in exports of Processed Fish were Germany ($639M), Italy ($613M), Portugal ($571M), Hong Kong ($353M), and United States ($244M).

Disaggregation

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Value

In 2019, the world most traded Processed Fish, disaggragated by their HS6 level were Salmon, smoked, including fillets ($2.13B), Cod dried, whether or not salted... ($1.31B), Dried fish, other than cod, not... ($867M), Fish fillets, dried, salted or in... ($638M), and Cod, salted or in brine, not... ($601M)

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%).

Product Complexity

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Diversification Frontier

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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

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