Imports
€443.1M
127.5M kg
Exports
€9.5M
2.0M kg
Balance
€-433.5M
Deficit
Price/kg
€3.47/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €433.5M for Hake of the genus Merluccius, Argentine hake (Southwest Atlantic hake) (Merluccius hubbsi) (NC8 03047415), a predominantly imported product. Imports reached €443.1M versus €9.5M in exports. The average import cost stood at €3.47/kg.
| 1 |
| 🇦🇷 Argentina |
| €425.9M |
| 96.1% |
| 2 | 🇨🇳 China | €12.4M | 2.8% |
| 3 | 🇰🇷 South Korea | €1.8M | 0.4% |
| 4 | 🇳🇦 Namibia | €1.7M | 0.4% |
| 5 | 🇺🇸 United States | €240K | 0.1% |
| 6 | 🇦🇬 Antigua & Barbuda | €228K | 0.1% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇽🇸 XS | €1.8M | 18.9% |
| 2 | 🇧🇦 Bosnia & Herzegovina | €1.7M | 17.6% |
| 3 | 🇲🇪 Montenegro | €1.6M | 17.2% |
| 4 | 🇨🇺 Cuba | €777K | 8.1% |
| 5 | 🇨🇻 Cape Verde | €506K | 5.3% |
| 6 | 🇲🇦 Morocco | €337K | 3.5% |
€0
€0
€0
€3.47/kg
€4.81/kg
9,283
ConcentratedThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇦🇷 Argentina | €425.9M | 122.9Mt | €3.46/kg | 96.3% | |
| 2 | 🇨🇳 China | €12.4M | 3.3Mt | €3.71/kg | 2.8% | |
| 3 | 🇰🇷 South Korea | €1.8M | 515Kt | €3.52/kg | 0.4% | |
| 4 | 🇳🇦 NA | €1.7M | 348Kt | €4.82/kg | 0.4% | |
| 5 | 🇺🇸 United States | €240K | 81Kt | €2.96/kg | 0.1% | |
| 6 | 🇦🇬 AG | €228K | 54Kt | €4.23/kg | 0.1% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇽🇸 XS | €1.8M | 353Kt | €5.11/kg | 26.7% | |
| 2 | 🇧🇦 Bosnia and Herzegovina | €1.7M | 337Kt | €4.98/kg | 24.9% | |
| 3 | 🇲🇪 Montenegro | €1.6M | 341Kt | €4.81/kg | 24.3% | |
| 4 | 🇨🇺 CU | €777K | 163Kt | €4.76/kg | 11.5% | |
| 5 | 🇨🇻 CV | €506K | 96Kt | €5.29/kg | 7.5% | |
| 6 | 🇲🇦 Morocco | €337K | 92Kt | €3.66/kg | 5.0% |