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Meat and fish meal: top exporters and importers (2024)

In 2024, world trade in meat and fish meal totaled $9.3 billion (9.1 million tonnes). The top exporters were Peru (17%), the United States (11%) and Chile (5%); the top importers were China (36%), Vietnam (6%) and Norway (5%). Compared with 2019, the value rose 28%.

Summary

World trade
$9.3billion
Tonnes
9.1million tonnes
Price per tonne
$1,022
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Peru$1.6 billion · 17.3%
  2. United States$1.1 billion · 11.3%
  3. Chile$495 million · 5.3%
  4. Denmark$458 million · 4.9%
  5. Russia$312 million · 3.4%
  6. Vietnam$301 million · 3.2%
  7. Germany$290 million · 3.1%
  8. India$274 million · 2.9%
  9. Spain$259 million · 2.8%
  10. Iceland$246 million · 2.7%
  11. Norway$244 million · 2.6%
  12. Thailand$240 million · 2.6%
  13. Brazil$234 million · 2.5%
  14. Italy$222 million · 2.4%
  15. Poland$212 million · 2.3%
  16. Australia$209 million · 2.3%
  17. Morocco$199 million · 2.1%
  18. France$199 million · 2.1%
  19. Mexico$180 million · 1.9%
  20. Netherlands$158 million · 1.7%
    re-exports

Top importers

  1. China$3.3 billion · 35.7%
  2. Vietnam$567 million · 6.1%
  3. Norway$440 million · 4.7%
  4. Indonesia$373 million · 4%
  5. Turkey$302 million · 3.3%
  6. Thailand$287 million · 3.1%
  7. Japan$279 million · 3%
  8. United States$248 million · 2.7%
  9. United Kingdom$230 million · 2.5%
  10. Germany$217 million · 2.3%
  11. Taiwan$199 million · 2.1%
  12. France$184 million · 2%
  13. Italy$176 million · 1.9%
  14. Philippines$172 million · 1.9%
  15. Greece$168 million · 1.8%
  16. Chile$161 million · 1.7%
  17. Spain$151 million · 1.6%
  18. Canada$148 million · 1.6%
  19. Netherlands$114 million · 1.2%
    re-exports
  20. Denmark$110 million · 1.2%

Trend

Who sells it

Peru has been the top exporter since 2024

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

  • Peru 1.6
  • United States 1.1
  • Chile 0.5
  • Denmark 0.46
  • Russia 0.31

Source: CEPII BACI

Show the numbers
Country19952024
Peru0.781.6
United States0.171.1
Chile0.670.5
Denmark0.260.46
Russia0.040.31

Price

Implied price

The price per tonne rose 118% since 1995

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

  • 2024: $1,022

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$469
1996$557
1997$557
1998$580
1999$431
2000$393
2001$487
2002$555
2003$521
2004$566
2005$594
2006$735
2007$831
2008$812
2009$805
2010$1,016
2011$988
2012$968
2013$1,076
2014$1,041
2015$1,001
2016$890
2017$894
2018$928
2019$818
2020$864
2021$997
2022$1,110
2023$1,161
2024$1,022

What it includes

  • 2301 · Meat and fish meal

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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