121220 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Seaweeds and other algae. In 2022, Seaweeds and other algae were the world's 4595th most traded product, with a total trade of $498k. Between 2021 and 2022 the exports of Seaweeds and other algae decreased by -67.1%, from $1.51M to $498k. Trade in Seaweeds and other algae represent 0.0000021% of total world trade.

Seaweeds and other algae are a part of Locust beans, seaweed, sugar beet, cane, for food.

Exports In 2022 the top exporters of Seaweeds and other algae  were United States ($266k), China ($56.6k), Vietnam ($47.3k), Philippines ($43.6k), and Grenada ($31.4k).

Imports In 2022 the top importers of Seaweeds and other algae were Aruba ($200k), Trinidad and Tobago ($189k), United Kingdom ($29.3k), Antigua and Barbuda ($28.4k), and Canada ($23.3k).

Ranking Seaweeds and other algae ranks 1930th in the Product Complexity Index (PCI).

Description -

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Seaweeds and other algae. 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)United States$266k
Top Destination (2022)Aruba$200k

In 2022 Seaweeds and other algae were the world's 4595th most traded product (out of 4,648).

In 2022, the top exporters of Seaweeds and other algae were United States ($266k), China ($56.6k), Vietnam ($47.3k), Philippines ($43.6k), and Grenada ($31.4k).

In 2022, the top importers of Seaweeds and other algae were Aruba ($200k), Trinidad and Tobago ($189k), United Kingdom ($29.3k), Antigua and Barbuda ($28.4k), and Canada ($23.3k).

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Exporters of Seaweeds and other algae (2022)
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Importers of Seaweeds and other algae (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Philippines$20.6k
Top Destination Growth (2021 -  2022)Aruba$24.2k

Between 2021 and 2022, the exports of Seaweeds and other algae grew the fastest in Philippines ($20.6k), Grenada ($15.5k), United States ($12.2k), Venezuela ($2.96k), and Curaçao ($1.99k).

Between 2021 and 2022, the fastest growing importers of Seaweeds and other algae were Aruba ($24.2k), United Kingdom ($12.2k), Antigua and Barbuda ($9.64k), Grenada ($7.26k), and Rwanda ($6.34k).

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Exporters of Seaweeds and other algae (2021 - 2022)

Importers of Seaweeds and other algae (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Seaweeds and other algae.

In 2022, market concentration measured using Shannon Entropy, was 2.32. This means that most of the exports of Seaweeds and other algae are explained by 4 countries.

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Value of Exports in Seaweeds and other algae

Net Trade

TOP NET EXPORTER (2022)United States$266k
TOP NET IMPORTER (2022)Trinidad and Tobago$165k

This map shows which countries export or import more of Seaweeds and other algae. Each country is colored based on the difference in exports and imports of Seaweeds and other algae during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Seaweeds and other algae were United States ($266k), China ($56.6k), Vietnam ($47.3k), Philippines ($43.6k), and Grenada ($20.6k).

In 2022, the countries that had a largest trade value in imports than in exports of Seaweeds and other algae were Trinidad and Tobago ($165k) and United Kingdom ($28.5k).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Seaweeds and other algae 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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