Big Export Sales for Frozen Shrimps

Shrimps in salad

Shrimp salad

Overall exports of shrimps totaled US$19.3 billion in 2017.

That dollar amount reflects a 17.9% gain since 2013 and a 6.1% uptick from 2016 to 2017.

Global shipments of frozen shrimps fared much better than international sales for fresh, salted or smoked shrimps. The value of exported frozen shrimps increased by 24.6% from $15.4 billion in 2013 to $19.2 billion during 2017. Year over year, exports for frozen shrimps improved by 11.4% from 2016 to 2017.

In contrast exports of fresh, salted and smoked shrimps fell precipitously from $900 million for 2013 to $26.5 million in 2017.

There are six different Harmonized Tariff System (HTS) codes for shrimps and prawns: 030613 and 030617 for frozen seawater shrimps and prawns; 030616 for frozen freshwater shrimps and prawns; 030623 and 030627 for fresh, salted or smoked seawater shrimps and prawns; and 030626 for fresh, salted or smoked freshwater shrimps and prawns.

Frozen Shrimp Exports by Country (Seawater)

Frozen seawater shrimps generated $17.4 billion in export sales during 2017, up by 27.7% from $13.6 billion in 2013 and up by 10.4% from 2016 to 2017.

Below are the 15 countries that sold the highest dollar value worth of globally exported frozen seawater shrimps:

  1. India: US$3.9 billion (22.2% of exported frozen seawater shrimps)
  2. Ecuador: $2.7 billion (15.4%)
  3. Vietnam: $1.8 billion (10.6%)
  4. Indonesia: $1.4 billion (8.1%)
  5. Argentina: $1.2 billion (6.9%)
  6. Thailand: $921.6 million (5.3%)
  7. China: $905.2 million (5.2%)
  8. Bangladesh: $488.1 million (2.8%)
  9. Mexico: $441.0 million (2.5%)
  10. Spain: $343.8 million (1.98%)
  11. Belgium: $335.1 million (1.93%)
  12. Netherlands: $276.3 million (1.6%)
  13. Saudi Arabia: $228.2 million (1.3%)
  14. Peru: $216.2 million (1.24%)
  15. Honduras: $207.8 million (1.2%)

By value, the listed 15 countries shipped 88.2% of all exported frozen seawater shrimps in 2017.

Among the above countries, the fastest-growing frozen seawater shrimps exporters since 2013 were: Saudi Arabia (up 3,620%), Ecuador (up 118.3%), Argentina (up 94.8%) and Mexico (up 76.3%).

Three countries incurred declines in their exports of frozen seawater shrimps namely Honduras (down -23.4%), China (down -21.9%) and Vietnam (down -7.2%).

Frozen Shrimp Exports by Country (Freshwater)

Frozen freshwater shrimps generated $1.8 billion in export sales during 2017, up 1.6% since 2013 and up 21.4% from 2016 to 2017.

Below are the 15 countries that exported the highest dollar value worth of frozen freshwater shrimps.

  1. Ecuador: US$366.6 million (19.9% of exported frozen freshwater shrimps)
  2. Greenland: $323.9 million (17.5%)
  3. Canada: $301.7 million (16.3%)
  4. Denmark: $287.5 million (15.6%)
  5. Russia: $103 million (5.6%)
  6. Netherlands: $84.1 million (4.6%)
  7. China: $71.2 million (3.9%)
  8. Morocco: $52.1 million (2.8%)
  9. Thailand: $31.8 million (1.7%)
  10. United Arab Emirates: $22 million (1.2%)
  11. Mexico: $22 million (1.2%)
  12. Indonesia: $19.5 million (1.1%)
  13. Faroe Islands: $18.1 million (0.98%)
  14. United States: $17.3 million (0.9%)
  15. Spain: $12.9 million (0.7%)

By value, the listed 15 countries shipped 93.9% of all exported frozen freshwater shrimps in 2017.

Among the above countries, the fastest-growing frozen fresh water shrimps exporters since 2013 were: Greenland (up 189.2%), United Arab Emirates (up 146.9%), Netherlands (up 81.2%) and Russia (up 67.1%).

Those countries that posted declines in their exported frozen cold water shrimps sales were led by: United States (down -56.5%), Mexico (down -53.7%), Indonesia (down -49%) and Spain (down -38.4%).

Fresh, Salted or Smoked Shrimp Exports by Country (Seawater)

Exports of fresh, salted or smoked seawater shrimps were valued at $25.1 million for 2017, down -95% since 2013 and down by -94.8% from 2016 to 2017.

Below are the 15 countries that exported the highest dollar value worth of fresh, salted or smoked seawater shrimps.

  1. Mauritania: US$7.2 million (38.4% of exported fresh, salted or smoked seawater shrimps)
  2. Singapore: $6 million (31.9%)
  3. Mexico: $2.7 million (14.6%)
  4. Myanmar (Burma): $1.8 million (9.8%)
  5. Vietnam: $808,000 (4.3%)
  6. Taiwan: $95,000 (0.5%)
  7. Thailand: $43,000 (0.23%)
  8. Panama: $39,000 (0.21%)
  9. Papua New Guinea: $35,000 (0.19%)
  10. United Arab Emirates: $21,000 (0.11%)
  11. Senegal: $14,000 (0.075%)
  12. Honduras: $14,000 (0.075%)
  13. Venezuela: $11,000 (0.06%)
  14. Bangladesh: $3,000 (0.016%)
  15. Benin: $1,000 (0.005%)

By value, the listed 15 countries almost of all exported fresh, salted or smoked shrimps in 2017.

Among the above countries, the fastest-growing exporters of fresh, salted or smoked shrimps since 2013 were: Mexico via a 10,400% gain then Myanmar (Burma) with its 31.4% increase.

Those countries that posted declines in their exports of fresh, salted or smoked shrimps were led by: Thailand (down -99.9%), Honduras (down -99.8%), United Arab Emirates (down -97.6%) and Taiwan (down -90.2%).

Fresh, Salted or Smoked Shrimp Exports by Country (Freshwater)

Exports of freshwater fresh, salted or smoked freshwater shrimps were valued at $367.7 million for 2015, down -8.8% since 2013.

Below are the 5 countries that exported the highest dollar value worth of fresh, salted or smoked freshwater shrimps:

  1. Costa Rica: US$715,000 (49.9% of exported fresh, salted or smoked freshwater shrimps)
  2. Singapore: $520,000 (36.3%)
  3. Vietnam: $99,000 (6.9%)
  4. Mexico: $75,000 (5.2%)
  5. Egypt: $20,000 (1.4%)

By value, the listed 5 countries shipped 100% of all exported fresh, salted or smoked freshwater shrimps in 2017.

The fastest-growing shipper of fresh, salted or smoked freshwater shrimps since 2013 was Mexico via its 78.6% value gain.

The leading decliner was Vietnam, down -90% since 2013.
 



 

See also Top Beef Exporting Countries, Chicken Exports by Country and Pork Exports by Country

Research Sources:
The World Factbook, Field Listing: Exports – Commodities, Central Intelligence Agency. Accessed on June 19, 2018

Trade Map, International Trade Centre. Accessed on June 19, 2018

Wikipedia, Shrimp. Accessed on June 19, 2018

Alibaba, Supplier information for frozen shrimp. Accessed on June 19, 2018