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Halibut, fresh or chilled, whole

030221 (Harmonized System 1992 for 6-digit)

2023
World Trade $238MRnk 3536 / 4644
2023
Top Exporter | Top Importer $139M | $162MCanada | United States
2023
Product Complexity 0.98Rnk 802 / 4656
2022 - 2023
Export Growth (CAGR) -3.54%Rnk 1922 / 4644
2023
Share of World Trade 0.0011%Rnk 3536 / 4644

About

Overview This page contains the latest trade data of Halibut. In 2023, Halibut were the world's 3536th most traded product, with a total trade of $238M. Between 2022 and 2023 the exports of Halibut decreased by -3.54%, from $247M to $238M. Trade in Halibut represent 0.0011% of total world trade.

Halibut are a part of Non-fillet Fresh Fish.

Exports In 2023 the top exporters of Halibut  were Canada ($139M), Norway ($50.7M), United States ($18.6M), Denmark ($7.78M), and Netherlands ($6.39M).

Imports In 2023 the top importers of Halibut were United States ($162M), Canada ($19.6M), Denmark ($12.7M), United Kingdom ($11M), and Sweden ($10.4M).

Ranking Halibut ranks 802nd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
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The following visualization shows the latest trends on Halibut. 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$139M
Top Destination (2023)United States$162M

In 2023 Halibut were the world's 3536th most traded product (out of 4,644).

In 2023, the top exporters of Halibut were Canada ($139M), Norway ($50.7M), United States ($18.6M), Denmark ($7.78M), and Netherlands ($6.39M).

In 2023, the top importers of Halibut were United States ($162M), Canada ($19.6M), Denmark ($12.7M), United Kingdom ($11M), and Sweden ($10.4M).

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Exporters of Halibut (2023)
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Importers of Halibut (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$700k
Top Destination Growth (2022 -  2023)Netherlands$1.42M

Between 2022 and 2023, the exports of Halibut grew the fastest in France ($700k), Netherlands ($294k), Canada ($146k), Ireland ($122k), and Singapore ($103k).

Between 2022 and 2023, the fastest growing importers of Halibut were Netherlands ($1.42M), Sweden ($523k), United Kingdom ($430k), United Arab Emirates ($387k), and Denmark ($358k).

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Exporters of Halibut (2022 - 2023)

Importers of Halibut (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 1.99. This means that most of the exports of Halibut are explained by 3 countries.

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Value of Exports in Halibut

Net Trade

TOP NET EXPORTER (2023)Canada$120M
TOP NET IMPORTER (2023)United States$143M

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

In 2023, the countries that had a largest trade value in exports than in imports of Halibut were Canada ($120M), Norway ($50.6M), Mexico ($4.03M), Netherlands ($1.33M), and Iceland ($1.03M).

In 2023, the countries that had a largest trade value in imports than in exports of Halibut were United States ($143M), United Kingdom ($9.11M), Sweden ($6.82M), France ($5.57M), and Denmark ($4.9M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Halibut 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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