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Halibut, fresh or chilled, whole

030221 (Harmonized System 1992 for 6-digit)

2022
World Trade $247MRnk 3568 / 4648
2022
Top Exporter | Top Importer $140M | $162MCanada | United States
2022
Product Complexity 0.29Rnk 2031 / 4653
2021 - 2022
Export Growth (CAGR) 6.23%Rnk 2063 / 4648
2022
Share of World Trade 0.001%Rnk 3568 / 4648

About

Overview This page contains the latest trade data of Halibut. In 2022, Halibut were the world's 3568th most traded product, with a total trade of $247M. Between 2021 and 2022 the exports of Halibut grew by 6.23%, from $233M to $247M. Trade in Halibut represent 0.001% of total world trade.

Halibut are a part of Non-fillet Fresh Fish.

Exports In 2022 the top exporters of Halibut  were Canada ($140M), Norway ($43.2M), United States ($21.6M), Denmark ($17.2M), and Sweden ($5.57M).

Imports In 2022 the top importers of Halibut were United States ($162M), Canada ($25.3M), Denmark ($16.9M), United Kingdom ($8.9M), and Netherlands ($7.96M).

Ranking Halibut ranks 2031st in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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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 (2022)Canada$140M
Top Destination (2022)United States$162M

In 2022 Halibut were the world's 3568th most traded product (out of 4,648).

In 2022, the top exporters of Halibut were Canada ($140M), Norway ($43.2M), United States ($21.6M), Denmark ($17.2M), and Sweden ($5.57M).

In 2022, the top importers of Halibut were United States ($162M), Canada ($25.3M), Denmark ($16.9M), United Kingdom ($8.9M), and Netherlands ($7.96M).

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

Color
Top Origin Growth (2021 -  2022)Canada$19.2M
Top Destination Growth (2021 -  2022)United States$21.3M

Between 2021 and 2022, the exports of Halibut grew the fastest in Canada ($19.2M), Netherlands ($1.65M), Mexico ($878k), Sweden ($771k), and Iceland ($703k).

Between 2021 and 2022, the fastest growing importers of Halibut were United States ($21.3M), Denmark ($2.57M), Vietnam ($1.33M), Netherlands ($1.29M), and Ireland ($666k).

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Exporters of Halibut (2021 - 2022)

Importers of Halibut (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 2.14. This means that most of the exports of Halibut are explained by 4 countries.

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Value of Exports in Halibut

Net Trade

TOP NET EXPORTER (2022)Canada$115M
TOP NET IMPORTER (2022)United States$141M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Halibut were Canada ($115M), Norway ($42.9M), Mexico ($4.5M), Iceland ($2.01M), and South Korea ($1.68M).

In 2022, the countries that had a largest trade value in imports than in exports of Halibut were United States ($141M), United Kingdom ($6.82M), France ($6.55M), Germany ($3.22M), and Netherlands ($2.55M).

Net Trade (2022)

Country Comparison

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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 (2022)

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