Processed Crustaceans in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $255M in Processed Crustaceans, making it the 17th largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 546th most exported product in United States. The main destination of Processed Crustaceans exports from United States are: Canada ($90M), China ($36.8M), Denmark ($22.8M), India ($18.4M), and Vietnam ($10.4M).

The fastest growing export markets for Processed Crustaceans of United States between 2021 and 2022 were Indonesia ($4.43M), Dominican Republic ($1.02M), and Colombia ($1.02M).

Imports In 2022, United States imported $4.38B in Processed Crustaceans, becoming the 1st largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 130th most imported product in United States. United States imports Processed Crustaceans primarily from: N/A.

The fastest growing import markets in Processed Crustaceans for United States between 2021 and 2022 were India ($153M), Egypt ($46.7M), and Chile ($27.4M).

COMPANIES In 2023, leading companies such as CHICKEN OF THE SEA FROZEN FOODS (783), LAWRENCE WHOLESALE LLC (252), and WISMETTAC ASIAN FOODS,INC. (148) were at the forefront of shipping Processed Crustaceans to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Processed Crustaceans exports accounted up to $4.53M and imports accounted up to $197M, resulting in a negative trade balance of $193M. Between February 2023 and February 2024 the exports of United States' Processed Crustaceans have decreased by $-333k (-6.85%) from $4.86M to $4.53M, while imports increased by $18.4M (10.3%) from $179M to $197M.

Destinations In February 2024, Processed Crustaceans were exported mostly to Mexico ($1.53M), Canada ($787k), Japan ($414k), United Kingdom ($310k), and Hong Kong ($222k), and were imported mostly from Indonesia ($60.8M), India ($34.1M), Vietnam ($28.2M), China ($13.1M), and Thailand ($11.3M).

Growth In February 2024, the decrease in Processed Crustaceans's year-by-year exports was explained primarily by a decrease in exports to Bahamas ($-77.8k or -57.9%), Colombia ($-70.9k or -34.4%), and Panama ($-67.7k or -69.7%). In February 2024, the increase in Processed Crustaceans's year-by-year imports was explained primarily by an increase in imports from Ecuador ($3.39M or 57.3%), Egypt ($2.03M or 193%), and India ($1.84M or 3.59%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-333k(-6.85%)

IMPORT GROWTH (February 2023 - February 2024)$18.4M(10.3%)

MAIN EXPORTER (February 2024)California$1.88M

MAIN DESTINATION (February 2024)Mexico$1.53M

This section shows Processed Crustaceans's exports and imports data at subnational level for United States. 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 Processed Crustaceans over time.

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