HS Code:
The Count size (headless weight) 67-88 per kg (31-40s) category typically refers to shrimp or prawn products, classified under HS Code 0306.17 (frozen shrimps and prawns, whether in shell or not, including peeled). This category specifies a size range of 31-40 pieces per kilogram, indicating medium to large shrimp, which are widely traded for culinary use in various global markets. This product is a staple in seafood trade, driven by demand in retail, food service, and processing industries. The trade of this category is influenced by aquaculture practices, environmental regulations, and consumer preferences for sustainable seafood.
Total Trade Volume
1.2 million metric tons
Data from 2022
Source
United Nations Comtrade Database & FAO Fisheries Statistics
350,000 metric tons
29% of total trade of total trade
Increasing
300,000 metric tons
25% of total trade of total trade
Increasing
200,000 metric tons
17% of total trade of total trade
Stable
150,000 metric tons (imports)
12% of total trade of total trade
Stable
100,000 metric tons (imports)
8% of total trade of total trade
Increasing
Average Rate
5.5% ad valorem
Highest Rate
12% (imposed by certain developing markets)
Lowest Rate
0% (under free trade agreements like EU-Vietnam FTA)
Rising demand for sustainable seafood
Increased certification requirements are pushing exporters to adopt eco-friendly aquaculture practices, raising production costs but also market access in premium markets like the EU.
2021-2022
Growth in e-commerce seafood sales
Direct-to-consumer platforms are increasing demand for packaged, ready-to-cook shrimp products, benefiting exporters with strong cold chain logistics.
2020-2022
Fluctuations in feed prices
Rising costs of shrimp feed due to global supply chain disruptions have squeezed profit margins for producers, affecting export volumes in price-sensitive markets.
2022
The US Department of Commerce concluded its review of anti-dumping duties on Indian shrimp exports, maintaining duties at an average of 2.5% for major exporters.
March 2023
This decision stabilizes trade flows to the US, though smaller exporters face challenges in meeting compliance costs.
Under the EVFTA, tariffs on Vietnamese shrimp exports to the EU dropped to 0% for certain categories, boosting competitiveness against other exporters.
January 2023
Vietnamese shrimp exports to the EU have surged by 15%, reshaping market shares in the region.
Outbreaks of Early Mortality Syndrome (EMS) in shrimp farms across Southeast Asia led to temporary supply shortages in key exporting countries.
Mid-2022
Global prices for shrimp in this size category spiked by 10-15%, benefiting unaffected exporters but straining importers.