
The overall value for globally exported shrimp reflects a 9.5% increase from $20.3 billion in 2017 and a 24.2% acceleration from $17.9 billion during 2020.
Values by Type of Exported Shrimps
The value of exported frozen shrimps increased by 10% from $20.2 billion in 2017 to $22.2 billion during 2021. Year over year, exports for frozen shrimps accelerated by 24.3% compared to $17.9 billion during 2020.
In contrast exports of fresh, live, salted and smoked shrimps shrank by -77.2% from $92.5 million in 2017 to $21.1 million in 2021. From 2020 to 2021, their value dropped by -16.7% from $25.3 billion.
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 $20.5 billion in export sales during 2021, up by 11.6% from $18.4 billion in 2017 and up by 25.7% from $16.3 billion during 2020.
Below are the 15 countries that sold the highest dollar value worth of globally exported frozen seawater shrimps.
- India: US$5.15 billion (25.2% of exported frozen seawater shrimps)
- Ecuador: $5.09 billion (24.9%)
- Vietnam: $2.1 billion (10.1%)
- Indonesia: $1.5 billion (7.5%)
- Argentina: $1.2 billion (5.8%)
- Thailand: $624.3 million (3.1%)
- Honduras: $447.4 million (2.2%)
- Spain: $426.3 million (2.1%)
- China: $413.1 million (2%)
- Bangladesh: $356.6 million (1.74%)
- Netherlands: $308.5 million (1.51%)
- Belgium: $250 million (1.2%)
- Peru: $246.2 million (1.2%)
- Malaysia: $233.5 million (1.1%)
- Mexico: $218.5 million (1.1%)
By value, the listed 15 countries shipped 90.6% of all frozen seawater shrimps exported in 2021.
Among the above countries, the fastest-growing frozen seawater shrimps exporters since 2017 were: Ecuador (up 89.9%), Netherlands (up 71.3%), Malaysia (up 36.3%) and Honduras (up 26.8%).
Those countries that posted declines in their export sales of frozen seawater shrimps were led by: mainland China (down -54.4%), Mexico (down -50.5%), Thailand (down -32.) and Belgium (down -25.5%).
Frozen Shrimp Exports by Country (Freshwater)
Frozen freshwater shrimps generated $1.7 billion in export sales during 2021, down -6.8% from $1.8 billion 2017 but up by 9.1% from $1.56 billion for 2020.
Below are the 15 countries that exported the highest dollar value worth of frozen freshwater shrimps.
- Greenland: US$419.7 million (24.7% of exported frozen cold water shrimps)
- Denmark: $334.5 million (19.7%)
- Canada: $261.8 million (15.4%)
- Ecuador: $232.9 million (13.7%)
- Netherlands: $112.2 million (6.6%)
- Russia: $90.8 million (5.3%)
- China: $49.4 million (2.9%)
- United States: $28.7 million (1.7%)
- New Zealand: $19.4 million (1.1%)
- Norway: $14 million (0.8%)
- Faroe Islands: $12.9 million (0.8%)
- Thailand: $12.6 million (0.7%)
- Morocco: $12.2 million (0.7%)
- Germany: $11.3 million (0.7%)
- Guatemala: $9 million (0.5%)
By value, the listed 15 countries shipped 95.3% of all exports for frozen cold water shrimps in 2021 .
Among the above countries, the fastest-growing frozen cold water shrimps exporters since 2021 were: Guatemala (up 2,430%), Germany (up 472.5%), Greenland (up 172.8%) and Norway (up 158.2%).
Those countries that posted declines in their sales of exported frozen cold water shrimps were led by: Morocco (down -76.5%), Thailand (down -60.4%), Ecuador (down -35.7%) and mainland China (down -30.6%).
Fresh, Salted or Smoked Shrimp Exports by Country (Seawater)
Exports of fresh, live, salted or smoked seawater shrimps were valued at $193,000 for 2021, down -96.9% from $6.2 million during 2017.
Nigeria was the lone exporter of fresh, live, salted or smoked seawater shrimps in 2021.
Fresh, Salted or Smoked Shrimp Exports by Country (Freshwater)
Exports of freshwater fresh, live, salted or smoked freshwater shrimps were valued at $20.9 million for 2021, down -75.9% from $86.3 million in 2017 and diminishing by -16.8% from $25.1 million during 2020.
Below are the countries that exported the highest dollar value worth of fresh, salted or smoked freshwater shrimps.
- Angola: US$20.7 million (99% of exported seawater fresh, salted or smoked shrimps)
- United Arab Emirates: $133,000 (0.6%)
- Egypt: $33,000 (0.2%)
- Panama: $22,000 (0.1%)
- Curaçao: $10,000 (0.05%)
- Benin: $2,000 (0.01%)
By value, the listed countries shipped 100% of all exported fresh, salted or smoked freshwater shrimps in 2021.
The fastest-growing shipper of fresh, salted or smoked freshwater shrimps since 2017 was Angola via its remarkable gain of 54,433%.
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 11, 2022
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on July 11, 2022
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on July 11, 2022
International Trade Centre, Trade Map. Accessed on July 11, 2022
Investopedia, Net Exports Definition. Accessed on July 11, 2022
Wikipedia, Shrimp. Accessed on July 11, 2022