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Frozen fish: top exporters and importers (2024)

In 2024, world trade in frozen fish totaled $26.6 billion (13 million tonnes). The top exporters were Russia (9%), China (8%) and Chile (8%); the top importers were China (19%), Japan (9%) and Thailand (8%). Compared with 2019, the value was stable.

Summary

World trade
$26.6billion
Tonnes
13million tonnes
Price per tonne
$2,046
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Russia$2.4 billion · 9.2%
  2. China$2 billion · 7.6%
  3. Chile$2 billion · 7.5%
  4. Norway$1.9 billion · 7%
  5. United States$1.8 billion · 6.7%
  6. Taiwan$989 million · 3.7%
  7. Spain$950 million · 3.6%
  8. Denmark$839 million · 3.2%
  9. South Korea$801 million · 3%
  10. Netherlands$708 million · 2.7%
    re-exports
  11. Indonesia$647 million · 2.4%
  12. India$609 million · 2.3%
  13. Greenland$572 million · 2.2%
  14. Turkey$501 million · 1.9%
  15. Mauritania$480 million · 1.8%
  16. Vietnam$455 million · 1.7%
  17. Iceland$407 million · 1.5%
  18. Morocco$403 million · 1.5%
  19. Japan$398 million · 1.5%
  20. Namibia$377 million · 1.4%

Top importers

  1. China$4.9 billion · 18.5%
  2. Japan$2.4 billion · 9.2%
  3. Thailand$2.1 billion · 7.9%
  4. South Korea$1.2 billion · 4.5%
  5. United States$1 billion · 3.9%
  6. Vietnam$993 million · 3.7%
  7. Côte d'Ivoire$933 million · 3.5%
  8. Spain$727 million · 2.7%
  9. Russia$655 million · 2.5%
  10. Nigeria$607 million · 2.3%
  11. Poland$550 million · 2.1%
  12. Denmark$511 million · 1.9%
  13. Philippines$503 million · 1.9%
  14. Portugal$485 million · 1.8%
  15. Ukraine$405 million · 1.5%
  16. Netherlands$390 million · 1.5%
    re-exports
  17. Egypt$354 million · 1.3%
  18. Taiwan$336 million · 1.3%
  19. Italy$330 million · 1.2%
  20. Ghana$289 million · 1.1%

Trend

Who sells it

Russia has been the top exporter since 2018

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

  • Russia 2.4
  • China 2
  • Chile 2
  • Norway 1.9
  • United States 1.8

Source: CEPII BACI

Show the numbers
Country19952024
Russia12.4
China0.182
Chile0.362
Norway0.631.9
United States1.51.8

Price

Implied price

The price per tonne rose 29% since 1995

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

  • 2024: $2,046

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$1,581
1996$1,522
1997$1,343
1998$1,311
1999$1,383
2000$1,315
2001$1,109
2002$1,292
2003$1,059
2004$1,474
2005$1,527
2006$1,230
2007$1,711
2008$1,746
2009$1,694
2010$1,704
2011$2,075
2012$2,068
2013$2,041
2014$1,944
2015$1,763
2016$1,059
2017$1,891
2018$1,885
2019$1,929
2020$1,839
2021$2,055
2022$2,240
2023$2,148
2024$2,046

What it includes

  • 0303 · Frozen fish

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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