That dollar amount reflects a -4.5% drop since 2014 and a -7.3% downturn from 2017 to 2018.
The value of exported frozen shrimps slowed by -0.2% from $19 billion in 2014 to $18.99 billion during 2018. Year over year, exports for frozen shrimps decreased by -7.3% from 2017 to 2018.
In contrast exports of fresh, salted and smoked shrimps fell precipitously from $522.7 million for 2014 to $35.7 million in 2018.
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 $17.2 billion in export sales during 2018, up by 2.8% from $16.7 billion in 2014 but down by -6.5% from 2017 to 2018.
Below are the 15 countries that sold the highest dollar value worth of globally exported frozen seawater shrimps:
- India: US$4.4 billion (25.4% of exported frozen seawater shrimps)
- Ecuador: $2.9 billion (17%)
- Vietnam: $1.9 billion (10.8%)
- Indonesia: $1.3 billion (7.8%)
- Argentina: $1.3 billion (7.6%)
- Thailand: $694.3 million (4%)
- China: $680.9 million (4%)
- Bangladesh: $377.7 million (2.2%)
- Mexico: $359.4 million (2.1%)
- Spain: $347.5 million (22%)
- Netherlands: $302.6 million (1.76%)
- Belgium: $249.4 million (1.5%)
- Peru: $219.5 million (1.3%)
- Malaysia: $189 million (1.1%)
- Honduras: $186.4 million (1.1%)
By value, the listed 15 countries shipped 89.6% of all exported frozen seawater shrimps in 2018.
Among the above countries, the fastest-growing frozen seawater shrimps exporters since 2014 were: Argentina (up 71.2%), Ecuador (up 50.6%), Peru (up 35%) and Mexico (up 33.6%).
Those countries that posted declines in their exported frozen seawater shrimps sales were led by: China (down -49.5%), Malaysia (down -48.1%), Honduras (down -38.2%) and Vietnam (down -25%).
Frozen Shrimp Exports by Country (Freshwater)
Frozen freshwater shrimps generated $1.7 billion in export sales during 2018, down -13.6% since 2014 after dipping -13.8% from 2017 to 2018.
Below are the 15 countries that exported the highest dollar value worth of frozen freshwater shrimps.
- Greenland: US$331.9 million (19.2% of exported frozen cold water shrimps)
- Ecuador: $311.9 million (18.1%)
- Canada: $303.2 million (17.6%)
- Denmark: $296 million (17.1%)
- Russia: $93.1 million (5.4%)
- Netherlands: $81.7 million (4.7%)
- China: $69.1 million (4%)
- Morocco: $48.9 million (2.8%)
- Thailand: $22.8 million (1.3%)
- United States: $22.2 million (1.3%)
- Indonesia: $14.8 million (0.9%)
- Faroe Islands: $14.4 million (0.8%)
- Spain: $11.5 million (0.7%)
- Belgium: $10.1 million (0.6%)
- Ireland: $8.9 million (0.5%)
By value, the listed 15 countries shipped 95% of all exported frozen freshwater shrimps in 2018.
Among the above countries, the fastest-growing frozen cold water shrimps exporters since 2014 were: Greenland (up 162.7%), Belgium (up 24.1%), Netherlands (up 22.1%) and China (up 22%).
Those countries that posted declines in their exported frozen cold water shrimps sales were led by: Indonesia (down -62%), United States (down -57.2%), Spain (down -57%) and Ecuador (down -45.1%).
Fresh, Salted or Smoked Shrimp Exports by Country (Seawater)
Exports of fresh, salted or smoked seawater shrimps were valued at $33.7 million for 2018, down -91.9% since 2014 and down by -27.9% from 2017 to 2018.
Below are the 13 countries that exported the highest dollar value worth of fresh, salted or smoked seawater shrimps.
- Mauritania: US$14 million (41.6% of exported fresh, salted or smoked seawater shrimps)
- Guatemala: $11.2 million (33.2%)
- Philippines: $4.7 million (13.8%)
- Mexico: $3.3 million (9.9%)
- Saudi Arabia: $402,000 (1.2%)
- Venezuela: $45,000 (0.1%)
- Senegal: $17,000 (0.05%)
- Sri Lanka: $16,000 (0.05%)
- Gambia: $10,000 (0.03%)
- Honduras: $9,000 (0.027%)
- United Arab Emirates: $8,000 (0.024%)
- Panama: $3,000 (0.009%)
- Kenya: $1,000 (0.003%)
By value, the listed 13 countries 100% of all exported fresh, salted or smoked shrimps in 2018.
Three among the above countries grew the value of fresh, salted or smoked seawater shrimps exporters since 2014 were: Guatemala (up 10,364%), Mexico (up 4,110%) and Sri Lanka (up 700%).
Those countries that posted declines in their exported fresh, salted or smoked seawater shrimps sales were led by: Panama (down -99.7%), Honduras (down -99.7%), United Arab Emirates (down -99.4%) and Kenya (down -80%).
Fresh, Salted or Smoked Shrimp Exports by Country (Freshwater)
Exports of freshwater fresh, salted or smoked freshwater shrimps were valued at $1.9 million for 2018, down -98.2% since 2014 but up by 1,308% from 2017 to 2018.
Below are the 4 countries that exported the highest dollar value worth of fresh, salted or smoked freshwater shrimps.
- Mozambique: US$1.9 million (98.1% of exported fresh, salted or smoked freshwater shrimps)
- Vietnam: $25,000 (1.3%)
- Suriname: $10,000 (0.5%)
- Guyana: $1,000 (0.1%)
By value, the listed 4 countries shipped 100% of all exported fresh, salted or smoked freshwater shrimps in 2018.
The fastest-growing shipper of fresh, salted or smoked freshwater shrimps since 2014 was Mozambique via its 15.3% value gain.
The leading decliner was Guyana, down -87.5% since 2014.
See also Top Beef Exporting Countries, Chicken Exports by Country and Pork Exports by Country
Research Sources:
Alibaba, Supplier information for frozen shrimp. Accessed on June 19, 2018
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on May 29, 2019
Investopedia, Net Exports Definition. Accessed on May 29, 2019
The World Factbook, Field Listing: Exports – Commodities, Central Intelligence Agency. Accessed on May 29, 2019
Trade Map, International Trade Centre. Accessed on May 29, 2019
Wikipedia, Shrimp. Accessed on June 19, 2018