The global trade value of shark and ray meat stood at US$2.6 billion between 2012 and 2019.

Spain dominated world trade (85 export trade links) in fresh and frozen shark meat from 2009 to 2019, with a trade value of US$536 million and US$289 million in exports and imports, respectively and 184,000 tonnes in terms of export volume.

The value of shark fins alone stood at US$1.5 billion (separate from the meat trade). Depending upon the species and product traded, prices can range from US$0.1/kg for meat to more than US$100/kg for fins. Italy pays on average the highest price for imports of shark meat at US$4/kg, while Hong Kong pays the highest price for fins at US$30/kg.

The ray meat trade is less complex, with Argentina as the primary exporter and South Korea as the major importer, in both value($) and volume terms over the last decade.

36% of the more than 1,200 known shark and ray species are threatened with extinction. Rays and sharks have been the top predators for more than 400 million years and play essential roles in marine ecosystems.
 

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