In 2023, China led as the top exporter of seafood with a value of $13.71 billion, followed by Norway at $10.51 billion. India, the United States, and Chile comprised the next tier, with exports ranging from $4.43 to $5.21 billion. The sector experienced steady growth, with China's exports showing a consistent increase, driving the global trend upward. Over the last two years, most nations showed a positive year-on-year variation, with Sweden and Canada seeing notable growth. The five-year CAGR reflected moderate expansion overall, highlighting increasing global demand and market penetration.
Future trends to watch include the impact of technological advancements on supply chain efficiencies, climate change implications on fish stocks, and shifting consumer preferences towards sustainable seafood. These factors will shape the competitive landscape and export dynamics, influencing which countries may rise or fall in ranks.
Top countries in Top Exporters of Seafood
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 13,710 | 2016 | |
| 2 | 2 Norway | 10,510 | 2016 | |
| 3 | 3 India | 5,210 | 2016 | |
| 4 | 4 United States | 4,960 | 2016 | |
| 5 | 5 Chile | 4,430 | 2016 | |
| 6 | 6 Canada | 4,410 | 2016 | |
| 7 | 7 Sweden | 4,280 | 2016 | |
| 8 | 8 Spain | 3,080 | 2016 | |
| 9 | 9 Russia | 3,020 | 2016 | |
| 10 | 10 Netherlands | 2,920 | 2016 |
