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2022
Exports $3.71BWorld Rnk 1 / 179
Flag Rnk 191 / 1216
2022
Destination $68.4M Japan
2021 - 2022
FASTEST GROWING MARKET $68.4MThailand
2022
PRODUCT COMPLEXITY IN Processed Fish-1.45Rnk 941 / 1025
2022
Imports $115MWorld Rnk 36 / 222
Flag Rnk 622 / 1212
2022
Origin $1.89M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $1.89MItaly
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $3.71B in Processed Fish, making it the 1st largest exporter of Processed Fish in the world. At the same year, Processed Fish was the 191st most exported product in China. The main destination of Processed Fish exports from China are: Japan ($950M), Mexico ($426M), Thailand ($279M), Malaysia ($207M), and South Korea ($160M).

The fastest growing export markets for Processed Fish of China between 2021 and 2022 were Thailand ($68.4M), South Korea ($21.2M), and Algeria ($12.2M).

Imports In 2022, China imported $115M in Processed Fish, becoming the 36th largest importer of Processed Fish in the world. At the same year, Processed Fish was the 622nd most imported product in China. China imports Processed Fish primarily from: South Korea ($45.6M), Thailand ($31.7M), Japan ($16M), Philippines ($3.45M), and Vietnam ($2.98M).

The fastest growing import markets in Processed Fish for China between 2021 and 2022 were Italy ($1.89M), Vietnam ($1.59M), and Philippines ($1.05M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (44), Walong Marketing (13), and Loblaws Supermarkets (13) were at the forefront of shipping Processed Fish from China to the United States.

Latest Trends

November 2024

About

Overview In November 2024 China's Processed Fish exports accounted up to $465M and imports accounted up to $9.08M, resulting in a positive trade balance of $456M. Between November 2023 and November 2024 the exports of China's   Processed Fish have increased by $65M (16.3%) from $400M to $465M, while imports decreased by $-432k (-4.54%) from $9.52M to $9.08M.

Destinations In November 2024, Processed Fish were exported mostly to United States ($83.5M), Japan ($70.7M), Mexico ($48.3M), Thailand ($34.7M), and South Korea ($22.4M), and were imported mostly from Thailand ($5.07M), South Korea ($2.32M), Philippines ($371k), Malaysia ($317k), and China ($223k).

Growth In November 2024, the increase in Processed Fish's year-by-year exports was explained primarily by an increase in exports to Turkey ($3.45M or 574%), Libya ($1.15M or 130%), and Cote d'Ivoire ($803k or 33.1%). In November 2024, the decrease in Processed Fish's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-918k or -23.7%), Japan ($-790k or -60%), and South Korea ($-755k or -21.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$65M(16.3%)
IMPORT GROWTH (November 2023 - November 2024)$-432k(-4.54%)
MAIN EXPORTER (November 2024)Fujian Province$145M
MAIN DESTINATION (November 2024)United States$83.5M

This section shows Processed Fish's exports and imports data at subnational level for China. 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 Processed Fish over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.71B
IMPORTS (2022)$115M
NET TRADE (2022)$3.59B

In 2022, China exported $3.71B in Processed Fish. The main destinations of China exports on Processed Fish were Japan ($950M), Mexico ($426M), Thailand ($279M), Malaysia ($207M), and South Korea ($160M).

In 2022, China imported $115M in Processed Fish, mainly from South Korea ($45.6M), Thailand ($31.7M), Japan ($16M), Philippines ($3.45M), and Vietnam ($2.98M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Fish EXPORT MARKETS FOR China WERE (2021 - 2022):
Thailand$68.4M (32.5%)
South Korea$21.2M (15.3%)
Algeria$12.2M (29.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Fish BY China WERE (2021 - 2022):
United States-$317M (-70.1%)
Malaysia-$88.1M (-29.9%)
Mexico-$53.5M (-11.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Processed Fish were:
Thailand $3.1B
Ecuador $1.5B
In 2022, China's main importing competitors in Processed Fish were:
United States $2.22B
Japan $1.73B
Italy $1.31B

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Trade Value of Processed Fish by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $91.8M
TOP IMPORT POTENTIALThailand+ $19.8M

Processed Fish’s highest export potential is United States. With an export gap of $91.8M.   Processed Fish’s highest import potential is Thailand with an import gap of $19.8M.

See methodology.

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