Editor’s Note — This is a continuation of our collaboration with Follow Your Fish! Check out step 1 here.
- There are more than 7,000 processing plants in China that employ an estimated 400,000 people
- China imports about 60% of the world’s squid, a number that is likely to grow
- The U.S. exported 26,589,864 kilos of market squid in 2015 valued at $37,988,095, and much of it goes to China
- The same year, the U.S. imported 122,328 kilos of market squid valued $246,848, and much of it comes from China
Background on seafood in China
China ranks among the top seafood eating, processing, exporting, and importing countries in the world. The United States is one of its biggest suppliers of seafood, exceeded only by Russia.
Imports of frozen seafood have increased steadily over the last five years, reaching approximately $6.4 in 2015. They are expected to continue to grow by 2.5% a year over the next five years. Exports are also increasing, reaching $10.1 billion last year and are expected to grow by 3.4% a year over the next five years. The increase of seafood passing through China is due in large part to its enormous capacity for processing seafood.
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