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

16 (Harmonized System 1992 for 2-digit)

2023
World Trade $62.8BRnk 52 / 96
2023
Top Exporter | Top Importer $6.98B | $7.18BThailand | United States
2023
Product Complexity -0.65Rnk 71 / 96
2022 - 2023
Export Growth (CAGR) -2.11%Rnk 30 / 96
2023
Share of World Trade 0.28%Rnk 52 / 96

About

Overview This page contains the latest trade data of Preparations of fish, crustacenas, & molluscs. In 2023, Preparations of fish, crustacenas, & molluscs were the world's 52nd most traded product, with a total trade of $62.8B. Between 2022 and 2023 the exports of Preparations of fish, crustacenas, & molluscs decreased by -2.11%, from $64.2B to $62.8B. Trade in Preparations of fish, crustacenas, & molluscs represent 0.28% 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 2023 the top exporters of Preparations of fish, crustacenas, & molluscs  were Thailand ($6.98B), China ($6.76B), Germany ($3.73B), Spain ($3.17B), and Poland ($3B).

Imports In 2023 the top importers of Preparations of fish, crustacenas, & molluscs were United States ($7.18B), Japan ($6.44B), United Kingdom ($5.35B), Germany ($3.81B), and France ($3.42B).

Ranking Preparations of fish, crustacenas, & molluscs ranks 71st 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 (2023)Thailand$6.98B
Top Destination (2023)United States$7.18B

In 2023 Preparations of fish, crustacenas, & molluscs were the world's 52nd most traded product (out of 96).

In 2023, the top exporters of Preparations of fish, crustacenas, & molluscs were Thailand ($6.98B), China ($6.76B), Germany ($3.73B), Spain ($3.17B), and Poland ($3B).

In 2023, the top importers of Preparations of fish, crustacenas, & molluscs were United States ($7.18B), Japan ($6.44B), United Kingdom ($5.35B), Germany ($3.81B), and France ($3.42B).

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Exporters of Preparations of fish, crustacenas, & molluscs (2023)
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Importers of Preparations of fish, crustacenas, & molluscs (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Poland$342M
Top Destination Growth (2022 -  2023)China$465M

Between 2022 and 2023, the exports of Preparations of fish, crustacenas, & molluscs grew the fastest in Poland ($342M), Spain ($299M), Germany ($276M), Italy ($166M), and Belgium ($150M).

Between 2022 and 2023, the fastest growing importers of Preparations of fish, crustacenas, & molluscs were China ($465M), France ($297M), United Kingdom ($293M), Germany ($167M), and Belgium ($114M).

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Exporters of Preparations of fish, crustacenas, & molluscs (2022 - 2023)

Importers of Preparations of fish, crustacenas, & molluscs (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 5.26. This means that most of the exports of Preparations of fish, crustacenas, & molluscs are explained by 38 countries.

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

Net Trade

TOP NET EXPORTER (2023)Thailand$6.47B
TOP NET IMPORTER (2023)Japan$5.94B

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Preparations of fish, crustacenas, & molluscs were Thailand ($6.47B), China ($4.23B), Poland ($2.4B), Vietnam ($2.01B), and Indonesia ($1.94B).

In 2023, the countries that had a largest trade value in imports than in exports of Preparations of fish, crustacenas, & molluscs were Japan ($5.94B), United Kingdom ($4.77B), United States ($4.39B), France ($2.06B), and Hong Kong ($1.43B).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Preparations of fish, crustacenas, & molluscs, disaggragated by their HS6 level were Other Prepared Meat ($19.9B), Processed Fish ($18.9B), Processed Crustaceans ($16.6B), Sausages ($7.17B), and Animal Extracts ($224M)

HS6 Disaggregation for Preparations of fish, crustacenas, & molluscs (2023)
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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.

See methodology.

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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 (2023)

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