CHINA’S SEAFOOD PRODUCT EXPORTS IN 2023

Although China’s aquatic exports in 2022 were not bad, the China seafood export in 2023 is not optimistic. According to the latest marketing statistics, China’s primary aquatic products (03 items) exports in the first half of 2023 were US$5.16 billion. And year-on-year decrease of 20.0% from US$6.19 billion in the first half of 2022. Among them, the sub-total exports of Shandong, Fujian, and the other five major export provinces were 4.73 billion. That is year-on-year decrease of 21.4% from US$5.75 billion in the first half of 2022. Such a sharp decline is very rare, given that the global epidemic has passed and production and logistics have returned to normal.

In terms of deep-processed seafood, exports of deep-processed fish (1,604 items) in the first half-year of 2023 were US$2.02 billion. With a 22.1% decrease from US$2.47 billion in the same period of 2022. Deep-processing shrimp, crab, and squid (1,605 items) exports were US$2.60 billion, 4.5% less than US$2.72 billion in the first half of 2022. Which is the best performance among the three categories of products.

In the first half of 2023, the export value of the three major categories of seafood in China all declined. The largest decline was in deep-processed fish. Primary aquatic products accounted for the largest export value, and deep-processed shrimp, crab, shellfish, and squid had the smallest decline.