Imports
€1.4B
267.2M kg
Exports
€10.8M
1.8M kg
Balance
€-1.4B
Deficit
Price/kg
€5.33/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €1.4B for Hake of the genus Merluccius, Cape hake (shallow-water hake) (Merluccius capensis) and deepwater hake (deepwater Cape hake) (Merluccius paradoxus) (NC8 03047411), a predominantly imported product. Imports reached €1.4B versus €10.8M in exports. The average import cost stood at €5.33/kg.
| 1 | 🇳🇦 Namibia | €973.7M | 68.4% |
| 2 | 🇿🇦 South Africa | €448.2M | 31.5% |
| 3 | 🇬🇧 United Kingdom | €450K | 0.0% |
| 4 | 🇨🇳 China | €428K | 0.0% |
| 5 | 🇦🇷 Argentina | €138K | 0.0% |
| 6 | 🇫🇰 Falkland Islands | €138K | 0.0% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇬🇧 United Kingdom | €4.9M | 45.2% |
| 2 | 🇨🇭 Switzerland | €983K | 9.1% |
| 3 | 🇦🇩 Andorra | €873K | 8.1% |
| 4 | 🇨🇳 China | €501K | 4.6% |
| 5 | 🇲🇦 Morocco | €451K | 4.2% |
| 6 | 🇦🇴 Angola | €329K | 3.0% |
| 7 | 🇦🇪 United Arab Emirates | €209K | 1.9% |
€0
€0
€0
€5.33/kg
€5.97/kg
5,674
ConcentratedThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇳🇦 NA | €973.7M | 187.5Mt | €5.19/kg | 68.4% | |
| 2 | 🇿🇦 South Africa | €448.2M | 79.3Mt | €5.65/kg | 31.5% | |
| 3 | 🇬🇧 United Kingdom | €450K | 116Kt | €3.87/kg | 0.0% | |
| 4 | 🇨🇳 China | €428K | 90Kt | €4.78/kg | 0.0% | |
| 5 | 🇦🇷 Argentina | €138K | 43Kt | €3.26/kg | 0.0% | |
| 6 | 🇫🇰 FK | €138K | 23Kt | €5.97/kg | 0.0% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇬🇧 United Kingdom | €4.9M | 741Kt | €6.60/kg | 59.4% | |
| 2 | 🇨🇭 Switzerland | €983K | 127Kt | €7.75/kg | 11.9% | |
| 3 | 🇦🇩 Andorra | €873K | 133Kt | €6.58/kg | 10.6% | |
| 4 | 🇨🇳 China | €501K | 129Kt | €3.88/kg | 6.1% | |
| 5 | 🇲🇦 Morocco | €451K | 107Kt | €4.20/kg | 5.5% | |
| 6 | 🇦🇴 AO | €329K | 68Kt | €4.86/kg | 4.0% | |
| 7 | 🇦🇪 United Arab Emirates | €209K | 58Kt | €3.62/kg | 2.5% |