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2022
Exports $221MWorld Rnk 23 / 169
Flag Rnk 256 / 1216
2022
Destination $8.6M France
2021 - 2022
FASTEST GROWING MARKET $8.6MSpain
2022
PRODUCT COMPLEXITY IN Crustaceans-1.97Rnk 999 / 1025
2022
Imports $514MWorld Rnk 14 / 217
Flag Rnk 252 / 1214
2022
Origin $3.12M India
2021 - 2022
FASTEST GROWING ORIGIN $3.12MIndonesia
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $221M in Crustaceans, making it the 23rd largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 256th most exported product in United Kingdom. The main destination of Crustaceans exports from United Kingdom are: France ($120M), Spain ($29.6M), Netherlands ($11.6M), Italy ($11M), and Hong Kong ($9.27M).

The fastest growing export markets for Crustaceans of United Kingdom between 2021 and 2022 were Spain ($8.6M), France ($5.38M), and Malaysia ($2.9M).

Imports In 2022, United Kingdom imported $514M in Crustaceans, becoming the 14th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 252nd most imported product in United Kingdom. United Kingdom imports Crustaceans primarily from: India ($126M), Vietnam ($96.9M), Ecuador ($71.2M), Canada ($53.4M), and Bangladesh ($46.8M).

The fastest growing import markets in Crustaceans for United Kingdom between 2021 and 2022 were Indonesia ($3.12M), Nicaragua ($3.03M), and Ecuador ($2.95M).

COMPANIES In 2023, leading companies such as Amazon (6) were at the forefront of shipping Crustaceans from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Crustaceans exports accounted up to £20.5M and imports accounted up to £30.4M, resulting in a negative trade balance of £9.95M. Between June 2023 and June 2024 the exports of United Kingdom's   Crustaceans have increased by £1.42M (7.47%) from £19.1M to £20.5M, while imports increased by £2.63M (9.44%) from £27.8M to £30.4M.

Destinations In June 2024, Crustaceans were exported mostly to France (£10.6M), Spain (£2.02M), Italy (£1.73M), China (£1.56M), and Ireland (£718k), and were imported mostly from Vietnam (£6.6M), India (£6.37M), Honduras (£4.18M), Ecuador (£3.67M), and Bangladesh (£2.38M).

Growth In June 2024, the increase in Crustaceans's year-by-year exports was explained primarily by an increase in exports to France (£1.74M or 22.4%), Italy (£591k or 183%), and Malaysia (£242k or 4.91k%). In June 2024, the increase in Crustaceans's year-by-year imports was explained primarily by an increase in imports from Netherlands (£588k or 187%), United States (£515k or 596%), and Indonesia (£452k or 415%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£1.42M(7.47%)
IMPORT GROWTH (June 2023 - June 2024)£2.63M(9.44%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£6.1M
MAIN DESTINATION (June 2024)France£10.6M

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$221M
IMPORTS (2022)$514M
NET TRADE (2022)-$292M

In 2022, United Kingdom exported $221M in Crustaceans. The main destinations of United Kingdom exports on Crustaceans were France ($120M), Spain ($29.6M), Netherlands ($11.6M), Italy ($11M), and Hong Kong ($9.27M).

In 2022, United Kingdom imported $514M in Crustaceans, mainly from India ($126M), Vietnam ($96.9M), Ecuador ($71.2M), Canada ($53.4M), and Bangladesh ($46.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Spain$8.6M (40.9%)
France$5.38M (4.69%)
Malaysia$2.9M (10.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY United Kingdom WERE (2021 - 2022):
China-$6.06M (-54.1%)
Denmark-$5.14M (-76.9%)
Netherlands-$3.63M (-23.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Crustaceans were:
Ecuador $7.98B
India $5.12B
Canada $3.51B
In 2022, United Kingdom's main importing competitors in Crustaceans were:
United States $9.1B
China $8.72B
Japan $2.16B

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Trade Value of Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $17.5M
TOP IMPORT POTENTIALIndia+ $31.5M

Crustaceans’s highest export potential is China. With an export gap of $17.5M.   Crustaceans’s highest import potential is India with an import gap of $31.5M.

See methodology.

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