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Crustaceans (shrimp, lobster, crab): top exporters and importers (2024)

In 2024, world trade in crustaceans (shrimp, lobster, crab) totaled $27.6 billion (3.5 million tonnes). The top exporters were Ecuador (22%), India (16%) and Canada (11%); the top importers were the United States (25%), China (25%) and Japan (6%). Compared with 2019, the value was stable.

Summary

World trade
$27.6billion
Tonnes
3.5million tonnes
Price per tonne
$7,831
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Ecuador$6.2 billion · 22.5%
  2. India$4.4 billion · 16.1%
  3. Canada$3.1 billion · 11.3%
  4. Vietnam$2 billion · 7.3%
  5. Indonesia$1.2 billion · 4.3%
  6. Argentina$1.1 billion · 3.9%
  7. United States$715 million · 2.6%
  8. China$657 million · 2.4%
  9. Russia$654 million · 2.4%
  10. Thailand$603 million · 2.2%
  11. Greenland$508 million · 1.8%
  12. Denmark$403 million · 1.5%
  13. Spain$376 million · 1.4%
  14. Australia$357 million · 1.3%
  15. Netherlands$343 million · 1.2%
    re-exports
  16. New Zealand$283 million · 1%
  17. Venezuela$256 million · 0.93%
  18. Honduras$255 million · 0.93%
  19. Mexico$244 million · 0.89%
  20. United Kingdom$227 million · 0.82%

Top importers

  1. United States$7 billion · 25.4%
  2. China$6.9 billion · 25.1%
  3. Japan$1.7 billion · 6.3%
  4. Spain$1.4 billion · 4.9%
  5. France$1 billion · 3.6%
  6. Italy$861 million · 3.1%
  7. South Korea$740 million · 2.7%
  8. Canada$672 million · 2.4%
  9. Hong Kong$530 million · 1.9%
    re-exports
  10. Netherlands$492 million · 1.8%
    re-exports
  11. Vietnam$473 million · 1.7%
  12. Taiwan$466 million · 1.7%
  13. United Kingdom$449 million · 1.6%
  14. Germany$384 million · 1.4%
  15. Russia$370 million · 1.3%
  16. Denmark$346 million · 1.3%
  17. Belgium$342 million · 1.2%
    re-exports
  18. Portugal$247 million · 0.9%
  19. Australia$243 million · 0.88%
  20. United Arab Emirates$201 million · 0.73%

Trend

Who sells it

Ecuador has been the top exporter since 2022

Value in USD billions. The five largest exporters in 2024.

  • Ecuador 6.2
  • India 4.4
  • Canada 3.1
  • Vietnam 2
  • Indonesia 1.2

Source: CEPII BACI

Show the numbers
Country19952024
Ecuador0.756.2
India0.874.4
Canada0.933.1
Vietnam0.312
Indonesia1.11.2

Price

Implied price

The price per tonne fell 15% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $7,831

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$9,240
1996$8,208
1997$8,233
1998$7,689
1999$7,656
2000$7,554
2001$6,806
2002$6,316
2003$6,583
2004$6,557
2005$6,596
2006$6,898
2007$6,969
2008$7,518
2009$6,804
2010$7,249
2011$8,120
2012$8,238
2013$9,144
2014$10,053
2015$8,827
2016$8,824
2017$9,292
2018$9,046
2019$8,669
2020$8,352
2021$9,394
2022$9,217
2023$8,063
2024$7,831

What it includes

  • 0306 · Crustaceans (shrimp, lobster, crab)

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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