Imports
€2.0B
262.6M kg
Exports
€464.4M
46.0M kg
Balance
€-1.5B
Deficit
Price/kg
€7.50/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €1.5B for Cod (Gadus morhua, Gadus ogac, Gadus macrocephalus), Other (NC8 03047190), a predominantly imported product. Imports reached €2.0B versus €464.4M in exports. The average import cost stood at €7.50/kg.
| 🇮🇸 Iceland |
| €586.7M |
| 29.8% |
| 2 | 🇷🇺 Russia | €569.7M | 28.9% |
| 3 | 🇨🇳 China | €491.8M | 25.0% |
| 4 | 🇳🇴 Norway | €128.4M | 6.5% |
| 5 | 🇬🇱 Greenland | €66.3M | 3.4% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇬🇧 United Kingdom | €211.4M | 45.5% |
| 2 | 🇳🇴 Norway | €101.2M | 21.8% |
| 3 | 🇺🇸 United States | €91.4M | 19.7% |
| 4 | 🇨🇦 Canada | €19.1M | 4.1% |
| 5 | 🇨🇭 Switzerland | €9.7M | 2.1% |
€0
€0
€0
€7.50/kg
€10.09/kg
2,743
ConcentratedThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇮🇸 Iceland | €586.7M | 79.1Mt | €7.42/kg | 31.8% | |
| 2 | 🇷🇺 Russia | €569.7M | 73.3Mt | €7.78/kg | 30.9% | |
| 3 | 🇨🇳 China | €491.8M | 72.0Mt | €6.83/kg | 26.7% | |
| 4 | 🇳🇴 Norway | €128.4M | 14.1Mt | €9.10/kg | 7.0% | |
| 5 | 🇬🇱 GL | €66.3M | 8.9Mt | €7.49/kg | 3.6% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇬🇧 United Kingdom | €211.4M | 22.7Mt | €9.30/kg | 48.8% | |
| 2 | 🇳🇴 Norway | €101.2M | 10.0Mt | €10.15/kg | 23.4% | |
| 3 | 🇺🇸 United States | €91.4M | 7.6Mt | €12.09/kg | 21.1% | |
| 4 | 🇨🇦 Canada | €19.1M | 1.4Mt | €13.43/kg | 4.4% | |
| 5 | 🇨🇭 Switzerland | €9.7M | 873Kt | €11.13/kg | 2.2% |