2023
Exports
$313MWorld Rnk 17 / 163
Flag Rnk 23 / 1166
2023
PRODUCT COMPLEXITY IN Crustaceans
-1.94Rnk 993 / 1025
2023
Imports
$37.2MWorld Rnk 46 / 216
Flag Rnk 234 / 1196
2023
ECONOMIC COMPLEXITY of New Zealand
0.48Rnk 43 / 132

About

Exports In 2023, New Zealand exported $313M in Crustaceans, making it the 17th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 23rd most exported product in New Zealand. The main destination of Crustaceans exports from New Zealand are: China ($299M), United States ($7.32M), Australia ($2.2M), Japan ($1.09M), and Hong Kong ($754k).

The fastest growing export markets for Crustaceans of New Zealand between 2022 and 2023 were China ($21.2M), Tonga ($186k), and Barbados ($170k).

Imports In 2023, New Zealand imported $37.2M in Crustaceans, becoming the 46th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 234th most imported product in New Zealand. New Zealand imports Crustaceans primarily from: India ($13.4M), Vietnam ($7.23M), Ecuador ($4.21M), China ($2.6M), and Australia ($1.95M).

The fastest growing import markets in Crustaceans for New Zealand between 2022 and 2023 were Belize ($312k), United States ($294k), and Egypt ($99.9k).

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)$313M
IMPORTS (2023)$37.2M
NET TRADE (2023)$276M

In 2023, New Zealand exported $313M in Crustaceans. The main destinations of New Zealand exports on Crustaceans were China ($299M), United States ($7.32M), Australia ($2.2M), Japan ($1.09M), and Hong Kong ($754k).

In 2023, New Zealand imported $37.2M in Crustaceans, mainly from India ($13.4M), Vietnam ($7.23M), Ecuador ($4.21M), China ($2.6M), and Australia ($1.95M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR New Zealand WERE (2022 - 2023):
China$21.2M (7.63%)
Tonga$186k (86.1%)
Barbados$170k (205%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY New Zealand WERE (2022 - 2023):
United States-$3.46M (-32.1%)
Australia-$3.43M (-60.9%)
Japan-$1.83M (-62.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, New Zealand's main exporting competitors in Crustaceans were:
Ecuador $6.88B
India $4.56B
Canada $2.96B
In 2023, New Zealand'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+ $12.2M
TOP IMPORT POTENTIALIndia+ $4.39M

Crustaceans’s highest export potential is United States. With an export gap of $12.2M.   Crustaceans’s highest import potential is India with an import gap of $4.39M.

See methodology.

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