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Crustaceans; in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked, cooked or not before or during smoking; in shell, steamed or boiled, whether or not chilled, frozen, dried, salted or in brine; edible flours, meals, pellets

0306 (Harmonized System 1992 for 4-digit)

2022
World Trade $33.7BRnk 138 / 1218
2022
Top Exporter | Top Importer $7.98B | $9.1BEcuador | United States
2022
Product Complexity -1.87Rnk 995 / 1033
2021 - 2022
Export Growth (CAGR) 2.08%Rnk 750 / 1218
2022
Share of World Trade 0.14%Rnk 138 / 1218

About

Overview This page contains the latest trade data of Crustaceans. In 2022, Crustaceans were the world's 138th most traded product, with a total trade of $33.7B. Between 2021 and 2022 the exports of Crustaceans grew by 2.08%, from $33B to $33.7B. Trade in Crustaceans represent 0.14% of total world trade.

Crustaceans are a part of Fish, crustaceans, & molluscs. They include Frozen Shrimps & Prawns, Frozen Crabs, Fresh Homarus Lobsters, Frozen Rock Lobster & Sea Crawfish, Fresh Rock Lobster & Sea Crawfish, Frozen Homarus Lobsters, Fresh Shrimps & Prawns, Other Frozen Crustaceans, Fresh Crabs, and Other Fresh Crustaceans, among others.

Exports In 2022 the top exporters of Crustaceans  were Ecuador ($7.98B), India ($5.12B), Canada ($3.51B), Vietnam ($2.62B), and Indonesia ($1.58B).

Imports In 2022 the top importers of Crustaceans were United States ($9.1B), China ($8.72B), Japan ($2.16B), Spain ($1.61B), and France ($1.17B).

Ranking Crustaceans ranks 995th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Ecuador$7.98B
Top Destination (2022)United States$9.1B

In 2022 Crustaceans were the world's 138th most traded product (out of 1,218).

In 2022, the top exporters of Crustaceans were Ecuador ($7.98B), India ($5.12B), Canada ($3.51B), Vietnam ($2.62B), and Indonesia ($1.58B).

In 2022, the top importers of Crustaceans were United States ($9.1B), China ($8.72B), Japan ($2.16B), Spain ($1.61B), and France ($1.17B).

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Exporters of Crustaceans (2022)
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Importers of Crustaceans (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Ecuador$2.65B
Top Destination Growth (2021 -  2022)China$3.14B

Between 2021 and 2022, the exports of Crustaceans grew the fastest in Ecuador ($2.65B), Vietnam ($288M), Thailand ($61.4M), Saudi Arabia ($39M), and South Korea ($35.4M).

Between 2021 and 2022, the fastest growing importers of Crustaceans were China ($3.14B), Japan ($317M), Chinese Taipei ($214M), Vietnam ($191M), and Australia ($96.2M).

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Exporters of Crustaceans (2021 - 2022)

Importers of Crustaceans (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Crustaceans.

In 2022, market concentration measured using Shannon Entropy, was 4.28. This means that most of the exports of Crustaceans are explained by 19 countries.

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Value of Exports in Crustaceans

Net Trade

TOP NET EXPORTER (2022)Ecuador$7.97B
TOP NET IMPORTER (2022)United States$8.38B

This map shows which countries export or import more of Crustaceans. Each country is colored based on the difference in exports and imports of Crustaceans during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Crustaceans were Ecuador ($7.97B), India ($5.1B), Canada ($2.82B), Vietnam ($1.98B), and Indonesia ($1.43B).

In 2022, the countries that had a largest trade value in imports than in exports of Crustaceans were United States ($8.38B), China ($8.08B), Japan ($2.12B), Spain ($1.16B), and France ($928M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Crustaceans, disaggragated by their HS6 level were Frozen Shrimps & Prawns ($25B), Frozen Crabs ($3.88B), Fresh Homarus Lobsters ($1.74B), Frozen Homarus Lobsters ($1.05B), and Fresh Rock Lobster & Sea Crawfish ($903M)

HS6 Disaggregation for Crustaceans (2022)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Crustaceans.
It is possible to select the main countries that export or import Crustaceans in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Crustaceans by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $69.3M
TOP IMPORT POTENTIALChina+ $359k

Crustaceans’s highest export potential is United States. With an export gap of $69.3M.  Crustaceans’s highest import potential is China with an import gap of $359k.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Crustaceans.

Country by Relatedness

The following visualization shows the relatedness of Crustaceans to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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