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Hake, frozen, whole

030378 (Harmonized System 1992 for 6-digit)

2022
World Trade $574MRnk 2787 / 4648
2022
Top Exporter | Top Importer $148M | $68.4MSpain | Spain
2022
Product Complexity -1.23Rnk 4054 / 4653
2021 - 2022
Export Growth (CAGR) -4.23%Rnk 3501 / 4648
2022
Share of World Trade 0.0024%Rnk 2787 / 4648

About

Overview This page contains the latest trade data of Hake (Frozen). In 2022, Hake (Frozen) were the world's 2787th most traded product, with a total trade of $574M. Between 2021 and 2022 the exports of Hake (Frozen) decreased by -4.23%, from $600M to $574M. Trade in Hake (Frozen) represent 0.0024% of total world trade.

Hake (Frozen) are a part of Non-fillet Frozen Fish.

Exports In 2022 the top exporters of Hake (Frozen)  were Spain ($148M), United States ($134M), Argentina ($59.2M), Canada ($42.7M), and South Africa ($39.2M).

Imports In 2022 the top importers of Hake (Frozen) were Spain ($68.4M), Portugal ($64.4M), Ukraine ($54.7M), Netherlands ($49.1M), and Lithuania ($42.1M).

Ranking Hake (Frozen) ranks 4054th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Hake (Frozen). Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Spain$148M
Top Destination (2022)Spain$68.4M

In 2022 Hake (Frozen) were the world's 2787th most traded product (out of 4,648).

In 2022, the top exporters of Hake (Frozen) were Spain ($148M), United States ($134M), Argentina ($59.2M), Canada ($42.7M), and South Africa ($39.2M).

In 2022, the top importers of Hake (Frozen) were Spain ($68.4M), Portugal ($64.4M), Ukraine ($54.7M), Netherlands ($49.1M), and Lithuania ($42.1M).

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Exporters of Hake (Frozen) (2022)
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Importers of Hake (Frozen) (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$20.6M
Top Destination Growth (2021 -  2022)Lithuania$35.5M

Between 2021 and 2022, the exports of Hake (Frozen) grew the fastest in United States ($20.6M), Mexico ($6.83M), Brazil ($3.72M), Falkland Islands ($2.8M), and Lithuania ($2.8M).

Between 2021 and 2022, the fastest growing importers of Hake (Frozen) were Lithuania ($35.5M), Netherlands ($19.7M), Germany ($4.57M), Thailand ($3.88M), and Zambia ($3.13M).

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Exporters of Hake (Frozen) (2021 - 2022)

Importers of Hake (Frozen) (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hake (Frozen).

In 2022, market concentration measured using Shannon Entropy, was 3.53. This means that most of the exports of Hake (Frozen) are explained by 11 countries.

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Value of Exports in Hake (Frozen)

Net Trade

TOP NET EXPORTER (2022)United States$131M
TOP NET IMPORTER (2022)Ukraine$54.7M

This map shows which countries export or import more of Hake (Frozen). Each country is colored based on the difference in exports and imports of Hake (Frozen) during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Hake (Frozen) were United States ($131M), Spain ($79.9M), Argentina ($58.9M), Canada ($41.9M), and Chile ($23.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Hake (Frozen) were Ukraine ($54.7M), Portugal ($54M), Netherlands ($44.5M), Lithuania ($36.7M), and Russia ($25.8M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Hake (Frozen).
It is possible to select the main countries that export or import Hake (Frozen) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Hake (Frozen) by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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