Imports
€185.4M
61.2M kg
Exports
€6.7M
2.3M kg
Balance
€-178.8M
Deficit
Price/kg
€3.03/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €178.8M for Hake of the genus Merluccius, Cape hake (shallow-water hake) (Merluccius capensis) and deepwater hake (deepwater Cape hake) (Merluccius paradoxus) (NC8 03036611), a predominantly imported product. Imports reached €185.4M versus €6.7M in exports. The average import cost stood at €3.03/kg.
| Share (%) |
|---|
| 1 | 🇿🇦 South Africa | €156.3M | 84.3% |
| 2 | 🇳🇦 Namibia | €28.8M | 15.5% |
| 3 | 🇨🇦 Canada | €126K | 0.1% |
| 4 | 🇳🇴 Norway | €95K | 0.1% |
| 5 | 🇨🇱 Chile | €82K | 0.0% |
| 6 | 🇦🇷 Argentina | €50K | 0.0% |
| 7 | 🇦🇱 Albania | €11K | 0.0% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇨🇦 Canada | €1.5M | 22.7% |
| 2 | 🇺🇸 United States | €1.4M | 21.3% |
| 3 | 🇨🇭 Switzerland | €754K | 11.3% |
| 4 | 🇲🇦 Morocco | €677K | 10.2% |
| 5 | 🇳🇦 Namibia | €553K | 8.3% |
| 6 | 🇬🇧 United Kingdom | €142K | 2.1% |
€0
€0
€0
€3.03/kg
€2.96/kg
7,345
ConcentratedThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇿🇦 South Africa | €156.3M | 49.7Mt | €3.15/kg | 84.3% | |
| 2 | 🇳🇦 NA | €28.8M | 11.4Mt | €2.52/kg | 15.5% | |
| 3 | 🇨🇦 Canada | €126K | 11Kt | €11.42/kg | 0.1% | |
| 4 | 🇳🇴 Norway | €95K | 51Kt | €1.87/kg | 0.1% | |
| 5 | 🇨🇱 Chile | €82K | 12Kt | €6.75/kg | 0.0% | |
| 6 | 🇦🇷 Argentina | €50K | 25Kt | €2.03/kg | 0.0% | |
| 7 | 🇦🇱 Albania | €11K | 2Kt | €6.43/kg | 0.0% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇨🇦 Canada | €1.5M | 412Kt | €3.67/kg | 29.9% | |
| 2 | 🇺🇸 United States | €1.4M | 313Kt | €4.53/kg | 28.0% | |
| 3 | 🇨🇭 Switzerland | €754K | 208Kt | €3.63/kg | 14.9% | |
| 4 | 🇲🇦 Morocco | €677K | 419Kt | €1.61/kg | 13.4% | |
| 5 | 🇳🇦 NA | €553K | 232Kt | €2.38/kg | 10.9% | |
| 6 | 🇬🇧 United Kingdom | €142K | 26Kt | €5.56/kg | 2.8% |