2023
Exports
$4.56BWorld Rnk 2 / 163
Flag Rnk 11 / 1212
2023
PRODUCT COMPLEXITY IN Crustaceans
-1.94Rnk 993 / 1025
2023
Imports
$9.59MWorld Rnk 72 / 216
Flag Rnk 865 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $4.56B in Crustaceans, making it the 2nd largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 11th most exported product in India. The main destination of Crustaceans exports from India are: United States ($1.92B), China ($807M), Japan ($281M), Vietnam ($249M), and Russia ($149M).

The fastest growing export markets for Crustaceans of India between 2022 and 2023 were Russia ($29.1M), Sri Lanka ($6.56M), and South Korea ($5.07M).

Imports In 2023, India imported $9.59M in Crustaceans, becoming the 72nd largest importer of Crustaceans in the world. At the same year, Crustaceans was the 865th most imported product in India. India imports Crustaceans primarily from: Argentina ($2.33M), United Kingdom ($1.82M), Bahrain ($1.32M), United States ($1.03M), and China ($682k).

The fastest growing import markets in Crustaceans for India between 2022 and 2023 were Bahrain ($514k), Kuwait ($194k), and Oman ($181k).

COMPANIES In 2023, leading companies such as Chicken of the Sea (87), Lawrence Wholesale (24), and DuPont (1) were at the forefront of shipping Crustaceans from India 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)$4.56B
IMPORTS (2023)$9.59M
NET TRADE (2023)$4.55B

In 2023, India exported $4.56B in Crustaceans. The main destinations of India exports on Crustaceans were United States ($1.92B), China ($807M), Japan ($281M), Vietnam ($249M), and Russia ($149M).

In 2023, India imported $9.59M in Crustaceans, mainly from Argentina ($2.33M), United Kingdom ($1.82M), Bahrain ($1.32M), United States ($1.03M), and China ($682k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR India WERE (2022 - 2023):
Russia$29.1M (24.3%)
Sri Lanka$6.56M (2.51k%)
South Korea$5.07M (18.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY India WERE (2022 - 2023):
United States-$392M (-17%)
China-$117M (-12.7%)
France-$59.6M (-46.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Crustaceans were:
Ecuador $6.88B
Canada $2.96B
In 2023, India'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 POTENTIALChina+ $715M
TOP IMPORT POTENTIALChina+ $10.2M

Crustaceans’s highest export potential is China. With an export gap of $715M.   Crustaceans’s highest import potential is China with an import gap of $10.2M.

See methodology.

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