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Meat, fish or crustaceans, molluscs or other aquatic invertebrates; preparations thereof

16 (Harmonized System 1992 for 2-digit)

2022
World Trade $67.7BRnk 51 / 96
2022
Top Exporter | Top Importer $10.1B | $8.17BChina | United States
2022
Product Complexity -0.73Rnk 75 / 96
2021 - 2022
Export Growth (CAGR) 4.81%Rnk 52 / 96
2022
Share of World Trade 0.29%Rnk 51 / 96

About

Overview This page contains the latest trade data of Preparations of fish, crustacenas, & molluscs. In 2022, Preparations of fish, crustacenas, & molluscs were the world's 51st most traded product, with a total trade of $67.7B. Between 2021 and 2022 the exports of Preparations of fish, crustacenas, & molluscs grew by 4.81%, from $64.6B to $67.7B. Trade in Preparations of fish, crustacenas, & molluscs represent 0.29% of total world trade.

Preparations of fish, crustacenas, & molluscs are a part of Foodstuffs. They include Processed Fish, Other Prepared Meat, Processed Crustaceans, Sausages, and Animal Extracts.

Exports In 2022 the top exporters of Preparations of fish, crustacenas, & molluscs  were China ($10.1B), Thailand ($7.37B), Germany ($3.64B), Vietnam ($3.26B), and Spain ($2.9B).

Imports In 2022 the top importers of Preparations of fish, crustacenas, & molluscs were United States ($8.17B), Japan ($7.13B), United Kingdom ($4.99B), Germany ($3.78B), and France ($3.31B).

Ranking Preparations of fish, crustacenas, & molluscs ranks 75th 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 Preparations of fish, crustacenas, & molluscs. 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)China$10.1B
Top Destination (2022)United States$8.17B

In 2022 Preparations of fish, crustacenas, & molluscs were the world's 51st most traded product (out of 96).

In 2022, the top exporters of Preparations of fish, crustacenas, & molluscs were China ($10.1B), Thailand ($7.37B), Germany ($3.64B), Vietnam ($3.26B), and Spain ($2.9B).

In 2022, the top importers of Preparations of fish, crustacenas, & molluscs were United States ($8.17B), Japan ($7.13B), United Kingdom ($4.99B), Germany ($3.78B), and France ($3.31B).

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Exporters of Preparations of fish, crustacenas, & molluscs (2022)
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Importers of Preparations of fish, crustacenas, & molluscs (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Thailand$920M
Top Destination Growth (2021 -  2022)United Kingdom$730M

Between 2021 and 2022, the exports of Preparations of fish, crustacenas, & molluscs grew the fastest in Thailand ($920M), Vietnam ($403M), United Arab Emirates ($317M), Poland ($273M), and Ireland ($271M).

Between 2021 and 2022, the fastest growing importers of Preparations of fish, crustacenas, & molluscs were United Kingdom ($730M), Japan ($436M), Kuwait ($321M), Germany ($236M), and Malaysia ($236M).

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Exporters of Preparations of fish, crustacenas, & molluscs (2021 - 2022)

Importers of Preparations of fish, crustacenas, & molluscs (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Preparations of fish, crustacenas, & molluscs.

In 2022, market concentration measured using Shannon Entropy, was 5.13. This means that most of the exports of Preparations of fish, crustacenas, & molluscs are explained by 35 countries.

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Value of Exports in Preparations of fish, crustacenas, & molluscs

Net Trade

TOP NET EXPORTER (2022)China$8.08B
TOP NET IMPORTER (2022)Japan$6.4B

This map shows which countries export or import more of Preparations of fish, crustacenas, & molluscs. Each country is colored based on the difference in exports and imports of Preparations of fish, crustacenas, & molluscs during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Preparations of fish, crustacenas, & molluscs were China ($8.08B), Thailand ($6.34B), Vietnam ($2.99B), Poland ($2.2B), and Indonesia ($1.94B).

In 2022, the countries that had a largest trade value in imports than in exports of Preparations of fish, crustacenas, & molluscs were Japan ($6.4B), United States ($5.39B), United Kingdom ($4.48B), France ($1.96B), and Hong Kong ($1.69B).

Net Trade (2022)

Disaggregation

Value
Disaggregation

In 2022, the world most traded Preparations of fish, crustacenas, & molluscs, disaggragated by their HS6 level were Processed Crustaceans ($20.6B), Other Prepared Meat ($20.4B), Processed Fish ($20B), Sausages ($6.46B), and Animal Extracts ($272M)

HS6 Disaggregation for Preparations of fish, crustacenas, & molluscs (2022)
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Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Preparations of fish, crustacenas, & molluscs by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $198M
TOP IMPORT POTENTIALThailand+ $33.9M

Preparations of fish, crustacenas, & molluscs’s highest export potential is United States. With an export gap of $198M.  Preparations of fish, crustacenas, & molluscs’s highest import potential is Thailand with an import gap of $33.9M.

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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)

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