HS Code:
The Jellyfish category, often classified under HS Code 0308 (Aquatic invertebrates other than crustaceans and molluscs, live, fresh, chilled, frozen, dried, salted or in brine), includes various species of jellyfish primarily traded for food consumption, aquarium display, and scientific research. Jellyfish are increasingly popular in East Asian cuisines, particularly in China, Japan, and South Korea, where they are consumed as a delicacy. Additionally, jellyfish are used in the pharmaceutical and cosmetic industries for their collagen and other bioactive compounds. Global trade in jellyfish has seen growth due to rising demand in niche markets, though it remains a relatively small segment of the broader seafood trade.
Total Trade Volume
Approximately $100 million USD
Data from 2022
Source
UN Comtrade Database and FAO Fisheries Statistics
$40 million USD
40% of total trade of total trade
Increasing
$25 million USD
25% of total trade of total trade
Stable
$15 million USD
15% of total trade of total trade
Increasing
$10 million USD
10% of total trade of total trade
Increasing
$5 million USD
5% of total trade of total trade
Stable
Average Rate
8.5%
Highest Rate
15% (imposed by certain EU countries)
Lowest Rate
0% (under free trade agreements in ASEAN)
Growing demand in East Asian markets
Increased export opportunities for Southeast Asian countries with abundant jellyfish populations
2021-2022
Rising interest in jellyfish-based cosmetics and pharmaceuticals
Diversification of jellyfish trade into non-food sectors, driving innovation and higher value-added products
2020-2022
Sustainability concerns due to overfishing
Potential regulatory tightening and push for aquaculture-based jellyfish farming
2019-2022
Indonesia launched a pilot project for sustainable jellyfish aquaculture to meet rising export demand while reducing pressure on wild populations.
March 2023
Could stabilize supply chains and reduce environmental impact, potentially increasing Indonesia's market share.
The European Union introduced new health and safety regulations for imported jellyfish products, requiring detailed species documentation and testing for contaminants.
January 2023
May increase costs for exporters but ensures higher quality and safety, potentially benefiting compliant suppliers.
A Japanese research institute developed a cost-effective method to extract collagen from jellyfish, boosting interest in the cosmetic industry.
September 2022
Likely to drive demand for jellyfish in non-food sectors, opening new trade avenues for exporting countries.