In 2024, China's fisheries imports are leading globally at 29.58 Billion USD, with a significant year-on-year increase of 15.7% in 2023. The United States follows at 23.53 Billion USD, showing a modest growth of 0.68%. South Korea and Sweden also held steady positions, with slight increases. Vietnam, Philippines, and Malaysia exhibit notable increases, emphasizing their growing market presence. Contrarily, Brazil and Mexico saw declines, highlighting decreasing demand or increased domestic production. Over a 5-year period, India, with remarkable growth, is a key emerging market while the Philippines and Colombia show high potential due to consistent growth rates.
Future trends suggest a continual rise in import demands from Asian countries, driven by increasing seafood consumption and urbanization. Anticipated increases in sustainable fisheries and aquaculture development will influence import trends, as regions strive for environmental balance and food security amid climate change concerns. Monitoring trade policies and tariffs, especially in Western countries, will be crucial in forecasting market shifts and assisting in strategic planning for stakeholders.
Top countries in Fisheries Imports by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 29,580 | 2023 | +18.53% | +15.7% | View data |
| 2 | 2 United States | 23,530 | 2023 | +1.76% | +0.68% | View data |
| 3 | 3 South Korea | 5,940 | 2023 | +2.84% | +1.55% | View data |
| 4 | 4 Sweden | 5,530 | 2023 | +2.77% | +0.26% | View data |
| 5 | 5 Netherlands | 4,460 | 2023 | +2.38% | +1.73% | View data |
| 6 | 6 Thailand | 3,670 | 2023 | +2.16% | +0.27% | View data |
| 7 | 7 Denmark | 3,670 | 2023 | +1.31% | +0.2% | View data |
| 8 | 8 Vietnam | 2,000 | 2023 | +3.02% | +2.59% | View data |
| 9 | 9 Taiwan | 1,830 | 2023 | +2.63% | +2.82% | View data |
| 10 | 10 Australia | 1,470 | 2023 | +1.51% | -0.63% | View data |
