The overall value for globally exported shrimp results from a 28.2% increase from $19.2 billion in 2018 and a 9.8% rise from $22.4 billion during 2021.
Values by Type of Exported Shrimps
The value of exported frozen shrimps grew by 28.4% from $19.2 billion in 2018 to $24.6 billion during 2022. Year over year, exports for frozen shrimps went up by 9.8% compared to $22.4 billion during 2021.
In contrast exports of fresh, live, dried, salted and smoked shrimps shrank by -36.5% compared to $46.5 million in 2018 retreating from $46.5 million in 2022. Year over year, their value accelerated by 28.8% starting from $23.9 billion in 2021.
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.
Note that codes 030623 and 030626 were obsolete with null values for 2022.
Frozen Shrimp Exports by Country (Seawater)
Frozen seawater shrimps generated $22.7 billion in export sales during 2022, increasing via a 28.7% upturn from $17.6 billion in 2018 and went up by 9.6% from $20.7 billion during 2021.
Below are the 15 countries that sold the highest dollar value worth of globally exported frozen seawater shrimps.
- Ecuador: US$7.8 billion (34.3% of exported frozen seawater shrimps)
- India: $4.8 billion (21.2%)
- Vietnam: $2.3 billion (10.1%)
- Indonesia: $1.5 billion (6.4%)
- Argentina: $890.2 million (3.9%)
- Thailand: $660.8 million (2.9%)
- Spain: $379.4 million (1.7%)
- Bangladesh: $356.2 million (1.6%)
- China: $342.7 million (1.5%)
- Belgium: $333.6 million (1.47%)
- Netherlands: $302.2 million (1.34%)
- Peru: $271.3 million (1.2%)
- Mexico: $252.8 million (1.1%)
- Malaysia: $233.9 million (1%)
- Venezuela: $226.1 million (1%)
By value, the listed 15 countries shipped 90.8% of all frozen seawater shrimps exported in 2022.
Among the above countries, the fastest-growing exporters of frozen seawater shrimps were: Venezuela (up 175% from 2018), Ecuador (up 165.9%), Belgium (up 34%) and the Netherlands (up 24.7%).
Those countries that posted declines in their export sales of frozen seawater shrimps were led by: mainland China (down -49.7% from 2021), Argentina (down -31%), Mexico (down -30.3%) and Bangladesh (down -5.9%).
Frozen Shrimp Exports by Country (Freshwater)
Frozen freshwater shrimps generated $1.95 billion in export sales during 2022, accelerating by 25% from $1.6 billion 2018 and up by 11.6% from $1.75 billion for 2021.
Below are the 15 countries that exported the highest dollar value worth of frozen freshwater shrimps.
- Greenland: US$490.6 million (25.1% of exported frozen cold water shrimps)
- Denmark: $362.2 million (18.5%)
- Canada: $291.1 million (14.9%)
- Ecuador: $229 million (11.7%)
- Russia: $183 million (9.4%)
- China: $86.8 million (4.4%)
- Netherlands: $81.9 million (4.2%)
- Norway: $33 million (1.7%)
- New Zealand: $24.1 million (1.2%)
- United States: $18.5 million (0.9%)
- Vietnam: $16.1 million (0.8%)
- South Korea: $14.3 million (0.7%)
- Germany: $11.8 million (0.6%)
- Thailand: $10.5 million (0.5%)
- Morocco: $9.9 million (0.5%)
By value, the listed 15 countries shipped 95.3% of all exports for frozen cold water shrimps in 2022.
Among the above countries, the fastest-growing exporters of frozen cold water shrimps since 2018 were: South Korea (up 1,249% from 2018), Germany (up 403%), Norway (up 347.9%) and Greenland (up 258.4%).
Those countries that posted declines in their export sales of frozen cold water shrimps were led by: Morocco (down -79.8% from 2018), Thailand (down -54.1%), United States of America (down -16.4%) and Ecuador (down -14.4%).
Fresh, Salted or Smoked Shrimp Exports by Country (Freshwater)
Exports of freshwater fresh, live, salted or smoked freshwater shrimps were valued at $29.5 million for 2022, down -33.4% from $44.3 million worth of international sales during 2018 but expanding by 42.2% compared $20.8 million for 2021.
Below are the countries that exported the highest dollar value worth of fresh, salted or smoked freshwater shrimps.
- Angola: US$29.5 million (99.983% of exported seawater fresh, salted or smoked shrimps)
- Curaçao: $3,000 (0.01%)
- Benin: $2,000 (0.007%)
By value, the listed countries shipped 100% of all exported fresh, salted or smoked freshwater shrimps in 2022.
The fastest-growing shipper of fresh, salted or smoked freshwater shrimps was Angola via its five-year gain of 33.1% compared to $23.1 million back in 2018.
See also Top Salmon Exports & Imports by Country, Frozen Fish Exports by Country, Top Beef Exporting Countries, Chicken Exports by Country and Pork Exports by Country
Research Sources:
Alibaba, Supplier information for frozen shrimp. Accessed on July 27, 2023
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on July 27, 2023
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on July 27, 2023
International Trade Centre, Trade Map. Accessed on July 27, 2023
Investopedia, Net Exports Definition. Accessed on July 27, 2023
Wikipedia, Shrimp. Accessed on July 27, 2023
