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160530 (Harmonized System 1992 for 6-digit)

2023
World Trade $376MRnk 3133 / 4644
2023
Top Exporter | Top Importer $334M | $309MCanada | United States
2023
Product Complexity -1.36Rnk 4156 / 4656
2022 - 2023
Export Growth (CAGR) -7.3%Rnk 2390 / 4644
2023
Share of World Trade 0.0017%Rnk 3133 / 4644

About

Overview This page contains the latest trade data of Lobster, prepared or preserved. In 2023, Lobster, prepared or preserved were the world's 3133rd most traded product, with a total trade of $376M. Between 2022 and 2023 the exports of Lobster, prepared or preserved decreased by -7.3%, from $405M to $376M. Trade in Lobster, prepared or preserved represent 0.0017% of total world trade.

Lobster, prepared or preserved are a part of Processed Crustaceans.

Exports In 2023 the top exporters of Lobster, prepared or preserved  were Canada ($334M), United States ($7.87M), United Arab Emirates ($7.85M), France ($3.43M), and Chinese Taipei ($2.82M).

Imports In 2023 the top importers of Lobster, prepared or preserved were United States ($309M), Hong Kong ($12.2M), China ($6.22M), Italy ($6.17M), and Singapore ($4.37M).

Ranking Lobster, prepared or preserved ranks 4156th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Lobster, prepared or preserved. 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$334M
Top Destination (2023)United States$309M

In 2023 Lobster, prepared or preserved were the world's 3133rd most traded product (out of 4,644).

In 2023, the top exporters of Lobster, prepared or preserved were Canada ($334M), United States ($7.87M), United Arab Emirates ($7.85M), France ($3.43M), and Chinese Taipei ($2.82M).

In 2023, the top importers of Lobster, prepared or preserved were United States ($309M), Hong Kong ($12.2M), China ($6.22M), Italy ($6.17M), and Singapore ($4.37M).

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Exporters of Lobster, prepared or preserved (2023)
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Importers of Lobster, prepared or preserved (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Chinese Taipei$1.88M
Top Destination Growth (2022 -  2023)Italy$2.83M

Between 2022 and 2023, the exports of Lobster, prepared or preserved grew the fastest in Chinese Taipei ($1.88M), Bulgaria ($1.53M), Hong Kong ($1.41M), France ($1.03M), and Somalia ($942k).

Between 2022 and 2023, the fastest growing importers of Lobster, prepared or preserved were Italy ($2.83M), China ($2.64M), Hong Kong ($2.14M), Macau ($2.11M), and United Arab Emirates ($2.09M).

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Exporters of Lobster, prepared or preserved (2022 - 2023)

Importers of Lobster, prepared or preserved (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Lobster, prepared or preserved.

In 2023, market concentration measured using Shannon Entropy, was 0.94. This means that most of the exports of Lobster, prepared or preserved are explained by 1 countries.

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Value of Exports in Lobster, prepared or preserved

Net Trade

TOP NET EXPORTER (2023)Canada$331M
TOP NET IMPORTER (2023)United States$301M

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

In 2023, the countries that had a largest trade value in exports than in imports of Lobster, prepared or preserved were Canada ($331M), United Arab Emirates ($5.04M), India ($1.21M), Somalia ($942k), and Malaysia ($904k).

In 2023, the countries that had a largest trade value in imports than in exports of Lobster, prepared or preserved were United States ($301M), Hong Kong ($10.1M), Italy ($6.1M), China ($4.4M), and Singapore ($4.22M).

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 Lobster, prepared or preserved.
It is possible to select the main countries that export or import Lobster, prepared or preserved in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Lobster, prepared or preserved 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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