HS Code:
Koi carp (Cyprinus carpio), often referred to as common carp, is a freshwater fish species widely cultivated for ornamental purposes, particularly in East Asia, as well as for food in various regions globally. Under the Harmonized System (HS) Code 0301.93, which covers live carp, Koi carp is traded internationally primarily for aquaculture, ornamental fish markets, and sometimes for restocking natural water bodies. The trade of Koi carp is influenced by factors such as cultural demand (e.g., in Japan for garden ponds), environmental regulations, and disease control measures.
Total Trade Volume
Approximately $50 million USD in global trade value
Data from 2022
Source
United Nations Comtrade Database and FAO Fisheries Statistics
$15 million USD
30% of total trade of total trade
Stable
$10 million USD
20% of total trade of total trade
Increasing
$8 million USD
16% of total trade of total trade
Increasing
$5 million USD
10% of total trade of total trade
Stable
$4 million USD
8% of total trade of total trade
Decreasing
Average Rate
5.2% ad valorem
Highest Rate
15% (imposed by certain developing countries to protect local aquaculture)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Growing demand for ornamental Koi in emerging markets
Increased exports from Japan and China to Southeast Asia and the Middle East, driving up prices for premium varieties.
2021-2022
Stricter biosecurity regulations
Higher compliance costs for exporters and potential delays in trade due to health certification processes.
2020-2022
Shift towards sustainable aquaculture practices
Increased investment in eco-friendly Koi farming, influencing buyer preferences towards certified sustainable sources.
2019-2022
The European Union introduced stricter biosecurity measures for the import of live carp, including mandatory testing for Koi Herpesvirus (KHV).
March 2023
Potential reduction in export volumes to EU markets for non-compliant suppliers, while increasing costs for testing and certification.
Japan launched a government-backed initiative to promote high-quality Koi carp exports, targeting markets in North America and the Middle East.
January 2023
Expected to boost Japan's share in global trade, potentially increasing competition with other exporters like China.
A significant outbreak of Koi Herpesvirus was reported in several Southeast Asian countries, leading to temporary export bans.
October 2022
Disruption in supply chains from affected regions, with buyers shifting to suppliers in Japan and Israel.