However, due to the smaller shelf life, frozen ones are preferred more than fresh ones. Frozen seafood not only comes with good quality and taste but is also user-friendly as it doesn’t require long procedures like defrosting to be ready to serve as a meal. The immediate freezing after harvesting locks the natural vitamins and moisture inside and keeps it beneficial for human health.
The demand for frozen seafood has been significantly increasing over the past few years because it has ended the seasonal and geographical barriers that interrupt its availability. The advanced food processing techniques, increased customer consumption, and proper preservation methods have increased the total global consumption of seafood to a great extent with a value of 400 billion US dollars in 2023. Frozen seafood is a ready-to-go option for someone who intends to add nutritious proteins to their meals. The steadily advancing seafood trade over the global trade market has attained an import trade value of 31.3 billion US dollars accompanied by an export trade value of 34 billion US dollars in 2023.
The increased global demands for frozen seafood indulge the countries in exporting this production at a higher rate to cater the economic growth. The Frozen Seafood Global Trade Data has enlisted the below-mentioned countries as the top 10 exporters,
• China – China right now is one of the largest seafood producers worldwide with advanced processing techniques. The manufacturing industries often used to soak the fresh seafood in additives like Sodium Triphosphate to increase its shelf life. The total export trade value of frozen seafood in 2023 from China is 22 billion US dollars.
• Norway – Norway used to provide a diverse range of seafood products each with different tastes to increase its trade reach. High-quality salmon fish and cold water fish are some of the top specialties of Norway's frozen seafood exports. The export trade value of Norway's exports of seafood in 2023 is recorded as 13 billion US dollars.
• Vietnam – Vietnam is surrounded by the South China Sea and the Pacific Ocean in the east and west direction which make it a significant seafood exporter at a global rate. The seafood exports of the nation have attained a value of 8 billion US dollars in 2023.
• United States – The fisheries of the United States are recorded as the most sustainable ones worldwide which makes it a significant exporter despite its huge domestic consumption rate. The increased export trade value of US seafood exports has attained a value of 6 billion US dollars in 2023.
• Japan – Bonito and Tuna from the South Pacific and Pacific Ocean are where Japan harvests most of its seafood. The Japanese frozen seafood producers mostly used to preserve them by vinegar pickling. The total export trade value of Japan's seafood exports in 2023 accounts for 5 billion US dollars.
• India – As per the Frozen Seafood Export Data, the export trade value of the Indian seafood exports in 2023 is worth 3.8 billion US dollars. Far apart from the preservation methods of other countries, the Indian style of preserving is unique which includes sun drying, smoking, salting, and fermentation.
• Chile – Chile trades most of its seafood exports with the United States, the value of exports in 2023 is recorded as 3 billion US dollars. The country is among one of the top exporters of South Africa with its vast manufacturing industries.
• Thailand – Thailand use agreements like the FTA (Free Trade Agreements) to avoid unnecessary taxes while importing and exporting their goods. The vast advancing seafood manufacturing industries of Thailand have attained an export trade value of 2.5 billion US dollars in 2023.
• Indonesia – Indonesia is in the 8th position of the top seafood producers worldwide, with an export trade value of 2 billion US dollars in 2023.
• South Korea – Winding up the South Korea is in the 10th position of the top seafood exporters worldwide with an export trade value of 1 billion US dollars in 2023.
As per the Frozen Seafood Customs Data, the top 10 manufacturing companies that produce the highest amount of seafood per year with its state of origin are below,
• Maruha Nichiro Corporation – Based in Japan
• Thai Union Group – Based in Thailand
• High Liner Foods – Based in Canada
• Clear Water Seafoods – Based in Canada
• Nippon Suisan Kaisha – Based in Japan
• Labeyrie Fine Foods – Based in France
• Charoen Pokphand Foods – Based in Thailand
• Trident Seafoods – Based in the United States
• Aqua Chile – Based in Chile
• Main Harvest ASA – Based in Norway
Seafood has been one of the most sought commodities worldwide nowadays, due to its increased demands its import and export trade is getting a hike in the global market. The Frozen Seafood Import Data enlists the below-mentioned countries as the top 10 importers,
• Japan – The majority of the Japanese population is fond of the taste of seafood and its health benefits. Despite being a top global producer of seafood, it used to import tons of it for its own domestic needs, the total import value of 2023 is 13.6 billion US dollars.
• United States – The aquaculture industries failed to enough seafood production as per the consumption rate of its consumers. To fulfill its domestic requirements the United States has imported seafood worth 7.8 billion US dollars in 2023.
• China – China relies heavily on most seafood imports from Russia, India, and Vietnam. The total import value of seafood in 2023 has accounted for 7.4 billion US dollars.
• France - As the domestic production of France is lower than the rate of its total demand, the country used to import frozen seafood from other states to meet its domestic needs. The total import trade value of France in 2023 is recorded as 6 billion US dollars.
• Spain – The seafood exports of the European nation account for more than two-thirds of its total exports with an import trade value of 5.9 billion US dollars in 2023. The low manufacturing rate adjacent to the consumer rate is the reason behind its higher imports.
• Italy – As per the Frozen Seafood Export Import Data, the total import value of the country in 2023 is recorded as 4 billion US dollars. As seafood is a predominant ingredient of Italian cuisine its imports are getting high.
• Germany – Germany is a significant importer of frozen seafood at a global rate, with an import trade value of 2.8 billion US dollars in 2023. The country imports most frozen seafood from China, Poland, and the Netherlands.
• South Korea – South Korea ranks 8th in the top global seafood importer list, with an import trade value of 2.4 billion US dollars in 2023.
• United Kingdom – Demergal and Pelagic fish are the highest seafood imports of the United Kingdom from countries like Norway. The total import trade value of the United Kingdom in the year 2023 is recorded as 2.3 billion US dollars.
• Canada – Winding up Canada ranks 10th in the top global importers list of frozen seafood. The coastline of the nation with the Atlantic and Pacific Oceans help Canada emerge as a top seafood producer and importer.
Que. What is the global consumption rate of seafood in 2023?
Ans. The global consumption rate of seafood in 2023 is 400 billion US dollars.
Que. Name the company producing the highest amount of frozen seafood in 2023.
Ans. Maruha Nichiro Corporation in Japan is the highest seafood producer of 2023.
Que. Where can you get the trade statistics of the global frozen seafood trade?
Ans. At Import Globals, you can get the frozen seafood trade statistics of 2023.
Que. Who is the top exporter of seafood in 2023?
Ans. China is the top exporter of seafood in 2023.