Fish Exporter Statistics of 2023

The international trading world has witnessed a consistent upward push in fish export costs over time. As we take a look at the truth of 2023, it is clear that a few nations have emerged as fundamental players in this value-introduced sector. Fish comes underneath the HS code Chapter 03 as fish, crustaceans, mollusks, and aquatic invertebrates. The HS code for Live fish is 0301, which is a major category. The extremely good growth in the worldwide fish export market in recent years has been wonderful, and 2023 is broadly planned to be no exception. In 2023, the global fish and seafood marketplace became more than $236.61 billion. Global fish exports by the top 10 fish-exporting countries reached $54.21 billion in 2023. The increase is due to different factors which include a growing call for seafood, stepped forward fishing infrastructure, and international trade agreements. Let’s take a more in-depth look at the pinnacle 10 fish exporter statistics in 2023 and the varieties of fish inside the market.

Top 10 Fish Exporting countries in 2023

Global fish export covers a big economic region within the seafood marketplace. Norway overtook China to become the largest fish exporter in 2023, with fish exports accounting for over $15 billion. The pinnacle 10 fish exporting international locations in 2023 include:

1. Norway ($15.15 billion)

Norway has long been a powerhouse in the fish export industry, regarded for its high-quality seafood products such as salmon and cod. Norway become the biggest fish exporter in 2023, with fish exports accounting for $15.15 billion. Norway exports the most of fish to Poland in 2023 which was worth $1.73 billion.

2. China ($10.40 billion)

China’s fish export industry has been on the rise, as various fish trades are exported to international destinations around the region in the context of global fish exports, China exports fish worth $10.40 billion in 2023. China’s top fish exports were to Japan as its biggest export partner in 2023 worth $1.64 billion.

3. Chile ($7.05 billion)

Chile is known as a major fish exporter and is therefore a major player in the global fish market. Chile exported $7.05 billion worth of fish by 2023, making it a top fish exporter in the international rankings. Chile exports record fish to the United States in 2023 with a net value of $2.86 billion.

4. Canada ($4.87 billion)

Canadian fish exports are dominated by commodities such as lobster, crab, and salmon. Canadian exports fish  were worth $4.87 billion in 2023. Canada was the largest exporter of fish to the United States in 2023, with exports of $3.14 billion.

5. US ($4.47 billion)

The United States is a first-rate participant in the fish export enterprise, with a huge variety of fish merchandise being shipped overseas. The US exports fish worth $4.47 billion in 2023. The US exported the maximum fish to Canada with fish exports accounting for $1.06 billion in 2023.

6. Spain ($4.23 billion)

Spain is known for its fish exports, in particular products like tuna, shrimp, and octopus. Spain’s overall fish exports accounted for $4.23 billion in 2023. Spain exports the maximum fish to Italy in 2023 with a total value of $1.34 billion.

7. Indonesia ($3.51 billion)

Indonesia’s fish export enterprise is steadily growing, with a high demand for products such as shrimp and tuna. Indonesia became the seventh largest fish exporter by 2023, with an export value of $3.51 billion. Indonesia exports the largest number of fish to China worth $804.79 million in 2023.

8. UK ($1.55 billion)

The United Kingdom is a key player in the fish export marketplace, with products like haddock and mackerel being famous choices. The UK exported fish worth a complete fee of $1.55 billion in 2023. The UK exports the most fish to France in 2023 with fish exports accounting for $913.04 million.

9. Turkey ($1.52 billion)

Turkey has a thriving fish export market, with traders such as sea bream and sea bass making a significant impact on global markets. Turkey’s fish exports are worth $1.52 billion by 2023 making it the ninth largest fish exporter. Turkey exports record fish to Russia in 2023 with fish exports amounting to $323.3 million.

10. France ($1.46 billion)

France is understood for its exquisite fish products, with exports that include items like scallops, oysters, and mussels. France exported fish well worth a total of $1.46 billion in 2023. In 2023, France exports the maximum fish to Spain, well worth $392.54 million.

Top 10 Fish Exporting companies in 2023

The global fish market is huge and several companies around the world contribute to its economic growth via their fish exports. The top 10 fish exporting companies, with their export revenues in 2023 include:

1. Mitsubishi Corporation: $146.17 billion
2. Sysco Corporation (NYSE: SYY): $76.32 billion
3. Marubeni Corporation: $62.44 billion
4. Charoen Pokphand Foods: $17.23 billion
5. Maruha Nichiro Corporation: $6.93 billion
6. Nissui Corporation: $5.21 billion
7. Schouow & Co: $4.77 billion
8. Thai Union Group Public Company Limited: $4.36 billion
9. Agrosuper S.A.: $4.1 billion
10. Bolton Group SRL: $3.04 billion

What are the Types of Fish Exported in 2023?

In 2023, a huge type of fish products has been dominating the export market. Some of the most famous kinds of fish being exported encompass:

• Salmon: Salmon remains a pinnacle preference for fish export, with nations like Norway, Chile, and Canada leading the manner in salmon manufacturing.
• Tuna: Tuna is any great fish, with international locations like Indonesia, Spain, and the US being the important exporters of this well-known fish
• Shrimp: Shrimp exports expectedly did rise notably in 2023, as countries including Indonesia, Thailand, and Vietnam dominate the market.
• Cod: Cod remains a popular desire for fish export, with nations like Norway and Iceland being essential producers of this flexible fish.
• Lobster: Lobster exports remain rewarding, with international locations like Canada and the United States being key gamers in this market.

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Conclusion

As we finish our evaluation of the top fish exporter statistics of 2023, it's far more obvious that the worldwide fish export enterprise is dynamic and robust. With pinnacle exporters like Norway, China, and Chile topping the ranks, the future looks brilliant for the fish and seafood marketplace. As patron possibilities evolve and the era advances, fish exporters must adapt and innovate to stay competitive in this ever-converting industry. The facts and developments of 2023 offer valuable insights for stakeholders and policymakers to make knowledgeable choices and drive sustainable increases inside the fish export quarter. With a diverse range of fish merchandise being exported to international locations around the sector, destiny looks bright for the global fish export market.

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