Crustaceans in Canada | The Observatory of Economic Complexity

About

Exports In 2022, Canada exported $3.51B in Crustaceans, making it the 3rd largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 24th most exported product in Canada. The main destination of Crustaceans exports from Canada are: United States ($2.03B), China ($678M), South Korea ($104M), Japan ($99.6M), and Vietnam ($63.9M).

The fastest growing export markets for Crustaceans of Canada between 2021 and 2022 were China ($83.2M), Vietnam ($37.4M), and Indonesia ($33.8M).

Imports In 2022, Canada imported $696M in Crustaceans, becoming the 8th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 165th most imported product in Canada. Canada imports Crustaceans primarily from: United States ($221M), India ($141M), Vietnam ($105M), China ($38.6M), and Ecuador ($37.4M).

The fastest growing import markets in Crustaceans for Canada between 2021 and 2022 were Ecuador ($11.3M), Vietnam ($10.8M), and China ($7.85M).

COMPANIES In 2023, leading companies such as CELEBRITY CRUISES INC. (2) were at the forefront of shipping Crustaceans from Canada to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Canada's Crustaceans exports accounted up to C$220M and imports accounted up to C$70.1M, resulting in a positive trade balance of C$150M. Between January 2023 and January 2024 the exports of Canada's Crustaceans have decreased by C$-64.9M (-22.8%) from C$285M to C$220M, while imports decreased by C$-1.58M (-2.21%) from C$71.7M to C$70.1M.

Destinations In January 2024, Crustaceans were exported mostly to China (C$113M), United States (C$75.1M), South Korea (C$7.35M), Vietnam (C$3.51M), and Japan (C$3.1M), and were imported mostly from United States (C$23.3M), India (C$17.3M), Vietnam (C$5.66M), China (C$4.91M), and Ecuador (C$4.07M).

Growth In January 2024, the decrease in Crustaceans's year-by-year exports was explained primarily by a decrease in exports to South Korea (C$-3.66M or -28.7%), Iceland (C$-2.08M or -61.6%), and Japan (C$-1.58M or -53.2%). In January 2024, the decrease in Crustaceans's year-by-year imports was explained primarily by a decrease in imports from Vietnam (C$-6.28M or -50.5%), United States (C$-4.81M or -18.1%), and Indonesia (C$-2.8M or -48.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$-64.9M(-22.8%)

IMPORT GROWTH (January 2023 - January 2024)C$-1.58M(-2.21%)

MAIN EXPORTER (January 2024)Nova ScotiaC$137M

MAIN DESTINATION (January 2024)ChinaC$113M

This section shows Crustaceans's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Crustaceans over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$3.51B

IMPORTS (2022)$696M

NET TRADE (2022)$2.82B

In 2022, Canada exported $3.51B in Crustaceans. The main destinations of Canada exports on Crustaceans were United States ($2.03B), China ($678M), South Korea ($104M), Japan ($99.6M), and Vietnam ($63.9M).

In 2022, Canada imported $696M in Crustaceans, mainly from United States ($221M), India ($141M), Vietnam ($105M), China ($38.6M), and Ecuador ($37.4M).

Explore Visualizations