HS Code:
The 'Other Siluriformes' category, often classified under HS Code 0304.29 or related subcategories, includes various species of catfish (order Siluriformes) excluding major species like Pangasius or Channel Catfish, which may have separate classifications. This category encompasses fresh, chilled, or frozen fillets and other fish meat of Siluriformes species primarily traded for human consumption. These fish are significant in aquaculture and wild capture fisheries, particularly in regions with abundant freshwater resources. They are valued for their adaptability to different environments, nutritional content, and relatively low production costs.
Total Trade Volume
Approximately 1.2 million metric tons
Data from 2022
Source
FAO Fisheries and Aquaculture Statistics, UN Comtrade
500,000 metric tons
41.7% of total trade of total trade
Increasing
200,000 metric tons
16.7% of total trade of total trade
Increasing
150,000 metric tons
12.5% of total trade of total trade
Stable
100,000 metric tons
8.3% of total trade of total trade
Stable
80,000 metric tons
6.7% of total trade of total trade
Increasing
Average Rate
7.5% ad valorem
Highest Rate
20% (applied by certain countries with protective domestic fishery policies)
Lowest Rate
0% (under free trade agreements like ASEAN or USMCA)
Rising demand for sustainable aquaculture products
Increased focus on certification (e.g., ASC certification) for Siluriformes, boosting market access in Europe and North America
2021-2022
Growth in processed fish products
Higher exports of value-added products like breaded fillets, driving profit margins for exporters
2020-2022
Climate change impacting wild capture
Reduced yields in some regions due to changing water temperatures and habitat loss, pushing reliance on farmed Siluriformes
2019-2022
The United States imposed revised anti-dumping duties on certain Siluriformes imports from Vietnam, citing unfair pricing practices.
March 2023
Potential reduction in Vietnamese exports to the US, with possible market shifts to EU or domestic Asian markets.
The European Union introduced stricter sustainability and traceability requirements for imported aquaculture products, including Siluriformes.
January 2023
Increased compliance costs for exporters but improved consumer trust in certified products.
India launched new initiatives to boost catfish farming through government subsidies and technology transfers.
June 2022
Expected increase in export volumes over the next 3-5 years, strengthening India's position in the global market.