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2022
Exports $2.78BWorld Rnk 6 / 206
Flag Rnk 57 / 96
2022
Destination $66.5M Canada
2021 - 2022
FASTEST GROWING MARKET $66.5MCanada
2022
PRODUCT COMPLEXITY IN Preparations of fish, crustacenas, & molluscs0.15Rnk 503 / 1025
2022
Imports $8.17BWorld Rnk 1 / 226
Flag Rnk 44 / 96
2022
Origin $162M Canada
2021 - 2022
FASTEST GROWING ORIGIN $162MIndia
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $2.78B in Preparations of fish, crustacenas, & molluscs, making it the 6th largest exporter of Preparations of fish, crustacenas, & molluscs in the world. At the same year, Preparations of fish, crustacenas, & molluscs was the 57th most exported product in United States. The main destination of Preparations of fish, crustacenas, & molluscs exports from United States are: Canada ($1.17B), Mexico ($406M), Japan ($324M), China ($99.7M), and Philippines ($89.6M).

The fastest growing export markets for Preparations of fish, crustacenas, & molluscs of United States between 2021 and 2022 were Canada ($66.5M), Japan ($45.7M), and Mexico ($20M).

Imports In 2022, United States imported $8.17B in Preparations of fish, crustacenas, & molluscs, becoming the 1st largest importer of Preparations of fish, crustacenas, & molluscs in the world. At the same year, Preparations of fish, crustacenas, & molluscs was the 44th most imported product in United States. United States imports Preparations of fish, crustacenas, & molluscs primarily from: Canada ($1.21B), Thailand ($1.08B), Indonesia ($1.06B), Vietnam ($799M), and India ($754M).

The fastest growing import markets in Preparations of fish, crustacenas, & molluscs for United States between 2021 and 2022 were India ($162M), Thailand ($138M), and Ecuador ($93.9M).

COMPANIES In 2023, leading companies such as Chicken of the Sea (783), Wismettac Asian Foods (514), and Lawrence Wholesale (426) were at the forefront of shipping Preparations of fish, crustacenas, & molluscs to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Preparations of fish, crustacenas, & molluscs exports accounted up to $214M and imports accounted up to $568M, resulting in a negative trade balance of $353M. Between June 2023 and June 2024 the exports of United States'   Preparations of fish, crustacenas, & molluscs have increased by $5.54M (2.65%) from $209M to $214M, while imports decreased by $-27.1M (-4.56%) from $595M to $568M.

Destinations In June 2024, Preparations of fish, crustacenas, & molluscs were exported mostly to Canada ($90.9M), Mexico ($37M), Japan ($17.8M), China ($15.8M), and Guatemala ($4.4M), and were imported mostly from Canada ($161M), Thailand ($70M), Indonesia ($56.2M), Vietnam ($55.8M), and India ($36.5M).

Growth In June 2024, the increase in Preparations of fish, crustacenas, & molluscs's year-by-year exports was explained primarily by an increase in exports to China ($4.82M or 295%), Mexico ($4.11M or 13.1%), and Canada ($3.63M or 5.15%). In June 2024, the decrease in Preparations of fish, crustacenas, & molluscs's year-by-year imports was explained primarily by a decrease in imports from Indonesia ($-36.4M or -30.7%), Vietnam ($-19.5M or -27.2%), and Brazil ($-19.5M or -50.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$5.54M(2.65%)
IMPORT GROWTH (June 2023 - June 2024)$-27.1M(-4.56%)
MAIN EXPORTER (June 2024)Iowa$29.9M
MAIN DESTINATION (June 2024)Canada$90.9M

This section shows Preparations of fish, crustacenas, & molluscs's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Preparations of fish, crustacenas, & molluscs over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.78B
IMPORTS (2022)$8.17B
NET TRADE (2022)-$5.39B

In 2022, United States exported $2.78B in Preparations of fish, crustacenas, & molluscs. The main destinations of United States exports on Preparations of fish, crustacenas, & molluscs were Canada ($1.17B), Mexico ($406M), Japan ($324M), China ($99.7M), and Philippines ($89.6M).

In 2022, United States imported $8.17B in Preparations of fish, crustacenas, & molluscs, mainly from Canada ($1.21B), Thailand ($1.08B), Indonesia ($1.06B), Vietnam ($799M), and India ($754M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Preparations of fish, crustacenas, & molluscs EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$66.5M (6.05%)
Japan$45.7M (16.4%)
Mexico$20M (5.17%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Preparations of fish, crustacenas, & molluscs BY United States WERE (2021 - 2022):
Hong Kong-$36M (-53.5%)
Netherlands-$14.1M (-67%)
France-$13.3M (-83.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Preparations of fish, crustacenas, & molluscs were:
China $10.1B
Thailand $7.37B
Germany $3.64B
In 2022, United States's main importing competitors in Preparations of fish, crustacenas, & molluscs were:
Japan $7.13B
United Kingdom $4.99B

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Trade Value of Preparations of fish, crustacenas, & molluscs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $9.12M
TOP IMPORT POTENTIALChina+ $198M

Preparations of fish, crustacenas, & molluscs’s highest export potential is Germany. With an export gap of $9.12M.   Preparations of fish, crustacenas, & molluscs’s highest import potential is China with an import gap of $198M.

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