In 2023, China's export of live fish led globally, though experiencing a decline of 3.78%. In contrast, the Philippines, Japan, and Indonesia demonstrated positive year-on-year growth, with notable increases of 4.3%, 3.1%, and 0.042%, respectively. Denmark and Iceland showed significant growth rates of 4.16% and 5.09%, whereas Malaysia and Thailand faced substantial declines of 22.25% and 14.51%. Some smaller exporters like Switzerland saw astronomical year-on-year boosts by 500.97%. Germany also exhibited a strong growth trajectory at 7.81%. Over the past five years, the Compound Annual Growth Rate (CAGR) presents a mixed outlook, reflecting varied performance across countries.
Future trends to watch include the potential for increased market share from rapidly growing nations such as India and Armenia. Monitoring the impacts of global environmental policies and sustainability initiatives may also influence future export volumes. Furthermore, technological advancements in aquaculture could play a significant role in shaping trends in the global live fish export market.
Top countries in Export of Live Fish by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 39,288,000 | 2023 | -3.23% | -3.78% | View data |
| 2 | 2 Philippines | 10,940,000 | 2023 | +0.41% | +4.3% | View data |
| 3 | 3 Japan | 5,990,400 | 2023 | +2.83% | +3.1% | View data |
| 4 | 4 Indonesia | 4,335,800 | 2023 | -0.53% | +0.042% | View data |
| 5 | 5 South Korea | 3,922,500 | 2023 | -2.72% | -2.31% | View data |
| 6 | 6 Denmark | 1,998,700 | 2023 | +3.53% | +4.16% | View data |
| 7 | 7 Iceland | 1,550,300 | 2023 | +5.22% | +5.09% | View data |
| 8 | 8 Czech Republic | 1,522,500 | 2023 | +0.97% | -5.11% | View data |
| 9 | 9 Gambia | 1,503,800 | 2023 | +6.27% | +3.9% | View data |
| 10 | 10 Thailand | 1,309,500 | 2023 | -15.58% | -14.51% | View data |