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Lobsters (Homarus) frozen

030612 (Harmonized System 1992 for 6-digit)

2023
World Trade $909MRnk 2221 / 4644
2023
Top Exporter | Top Importer $729M | $553MCanada | United States
2023
Product Complexity -1.75Rnk 4416 / 4656
2022 - 2023
Export Growth (CAGR) -12.6%Rnk 2992 / 4644
2023
Share of World Trade 0.004%Rnk 2221 / 4644

About

Overview This page contains the latest trade data of Frozen Homarus Lobsters. In 2023, Frozen Homarus Lobsters were the world's 2221st most traded product, with a total trade of $909M. Between 2022 and 2023 the exports of Frozen Homarus Lobsters decreased by -12.6%, from $1.04B to $909M. Trade in Frozen Homarus Lobsters represent 0.004% of total world trade.

Frozen Homarus Lobsters are a part of Crustaceans.

Exports In 2023 the top exporters of Frozen Homarus Lobsters  were Canada ($729M), United States ($24.8M), Egypt ($23.9M), France ($17.2M), and Somalia ($16.1M).

Imports In 2023 the top importers of Frozen Homarus Lobsters were United States ($553M), China ($32.1M), Japan ($30.7M), France ($27.1M), and South Korea ($24.4M).

Ranking Frozen Homarus Lobsters ranks 4416th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Frozen Homarus Lobsters. 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 (2023)Canada$729M
Top Destination (2023)United States$553M

In 2023 Frozen Homarus Lobsters were the world's 2221st most traded product (out of 4,644).

In 2023, the top exporters of Frozen Homarus Lobsters were Canada ($729M), United States ($24.8M), Egypt ($23.9M), France ($17.2M), and Somalia ($16.1M).

In 2023, the top importers of Frozen Homarus Lobsters were United States ($553M), China ($32.1M), Japan ($30.7M), France ($27.1M), and South Korea ($24.4M).

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Exporters of Frozen Homarus Lobsters (2023)
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Importers of Frozen Homarus Lobsters (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Hong Kong$1.82M
Top Destination Growth (2022 -  2023)United States$29.5M

Between 2022 and 2023, the exports of Frozen Homarus Lobsters grew the fastest in Hong Kong ($1.82M), Netherlands ($1.72M), Brazil ($1.38M), Yemen ($1.35M), and Bahamas ($990k).

Between 2022 and 2023, the fastest growing importers of Frozen Homarus Lobsters were United States ($29.5M), Philippines ($1.98M), Macau ($1.87M), Dominican Republic ($787k), and Qatar ($665k).

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Exporters of Frozen Homarus Lobsters (2022 - 2023)

Importers of Frozen Homarus Lobsters (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Frozen Homarus Lobsters.

In 2023, market concentration measured using Shannon Entropy, was 1.59. This means that most of the exports of Frozen Homarus Lobsters are explained by 3 countries.

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Value of Exports in Frozen Homarus Lobsters

Net Trade

TOP NET EXPORTER (2023)Canada$720M
TOP NET IMPORTER (2023)United States$528M

This map shows which countries export or import more of Frozen Homarus Lobsters. Each country is colored based on the difference in exports and imports of Frozen Homarus Lobsters during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Frozen Homarus Lobsters were Canada ($720M), Egypt ($22.6M), Somalia ($16.1M), India ($5M), and Ireland ($4.62M).

In 2023, the countries that had a largest trade value in imports than in exports of Frozen Homarus Lobsters were United States ($528M), Japan ($30.6M), China ($30.6M), South Korea ($24.4M), and Spain ($18.9M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Frozen Homarus Lobsters by percentage of total exports

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 (2023)

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