China is leading global seafood exports in 2023 with a slight decline of -2.69% year-on-year. India shows promise with a 2.45% increase, marking it as a growth contender. Canada's stable growth is evident with a 1.71% rise. European nations like Denmark and Poland display modest gains, with Poland experiencing a 4.91% increase. Smaller markets like Croatia and Malaysia are showing significant growth rates, indicating potential breakouts in the future. Conversely, countries like Germany and Thailand are experiencing declines in their seafood export values.
Looking forward, nations increasing government investments in sustainable fishing and aquaculture are expected to drive future seafood export growth. Key trends to watch include technological advancements in traceability, shifts towards sustainable practices, and potential trade policy changes impacting global seafood supply chains.
Top countries in Seafood Exports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 11,570,000,000 | 2023 | -1.2% | -2.69% | View data |
| 2 | 2 India | 7,203,700,000 | 2023 | +8.11% | +2.45% | View data |
| 3 | 3 Canada | 5,290,100,000 | 2023 | +5.01% | +1.71% | View data |
| 4 | 4 Denmark | 3,901,800,000 | 2023 | +1.69% | +0.62% | View data |
| 5 | 5 Poland | 2,342,300,000 | 2023 | +5.37% | +4.91% | View data |
| 6 | 6 Iceland | 2,286,100,000 | 2023 | +1.37% | +3.65% | View data |
| 7 | 7 Taiwan | 1,748,800,000 | 2023 | +3.87% | -1% | View data |
| 8 | 8 Thailand | 1,715,500,000 | 2023 | -0.42% | -2.63% | View data |
| 9 | 9 Japan | 1,631,100,000 | 2023 | +4.73% | +0.43% | View data |
| 10 | 10 South Korea | 1,542,100,000 | 2023 | +3.73% | +0.8% | View data |