2023
Exports
$629MWorld Rnk 9 / 163
Flag Rnk 519 / 1215
2023
PRODUCT COMPLEXITY IN Crustaceans
-1.94Rnk 993 / 1025
2023
Imports
$7.85BWorld Rnk 1 / 216
Flag Rnk 42 / 1214
2023
ECONOMIC COMPLEXITY of China
1.16Rnk 21 / 132

About

Exports In 2023, China exported $629M in Crustaceans, making it the 9th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 519th most exported product in China. The main destination of Crustaceans exports from China are: Hong Kong ($105M), Spain ($88.1M), United States ($77.2M), South Korea ($77.1M), and Japan ($54.1M).

The fastest growing export markets for Crustaceans of China between 2022 and 2023 were United States ($56M), Hong Kong ($9.29M), and Spain ($3.41M).

Imports In 2023, China imported $7.85B in Crustaceans, becoming the 1st largest importer of Crustaceans in the world. At the same year, Crustaceans was the 42nd most imported product in China. China imports Crustaceans primarily from: Ecuador ($3.82B), India ($807M), Canada ($732M), New Zealand ($299M), and United States ($270M).

The fastest growing import markets in Crustaceans for China between 2022 and 2023 were United States ($72.1M), Russia ($62.1M), and Argentina ($25.1M).

COMPANIES In 2024, leading companies such as Wismettac Asian Foods (13), Walong Marketing (10), and Costco Wholesale (5) were at the forefront of shipping Crustaceans from China to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crustaceans. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$629M
IMPORTS (2023)$7.85B
NET TRADE (2023)-$7.22B

In 2023, China exported $629M in Crustaceans. The main destinations of China exports on Crustaceans were Hong Kong ($105M), Spain ($88.1M), United States ($77.2M), South Korea ($77.1M), and Japan ($54.1M).

In 2023, China imported $7.85B in Crustaceans, mainly from Ecuador ($3.82B), India ($807M), Canada ($732M), New Zealand ($299M), and United States ($270M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR China WERE (2022 - 2023):
United States$56M (264%)
Hong Kong$9.29M (9.75%)
Spain$3.41M (4.03%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY China WERE (2022 - 2023):
Russia-$34.6M (-67.4%)
South Korea-$27.3M (-26.1%)
Canada-$17.1M (-29.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, China's main exporting competitors in Crustaceans were:
Ecuador $6.88B
India $4.56B
Canada $2.96B
In 2023, China's main importing competitors in Crustaceans were:

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Trade Value of Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $42.9M
TOP IMPORT POTENTIALIndia+ $715M

Crustaceans’s highest export potential is United States. With an export gap of $42.9M.   Crustaceans’s highest import potential is India with an import gap of $715M.

See methodology.

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