In 2023, the United States led global exports of frozen hake fillets with a value of $70.277 million, showing a significant increase of 12.45% from the previous year. Germany followed with $19.258 million, reflecting a 5.65% rise. France and Denmark experienced notable growths of 15.84% and 26.33%, respectively. Belgium remained stable with minimal growth, while Norway saw a considerable decline of 22.41%. Meanwhile, Luxembourg exhibited a modest increase of 11.99%.
Looking ahead, key trends to monitor include the United States maintaining its dominant position, potential market expansions in Europe, and the impact of economic and environmental factors on trade policies in the frozen hake fillets industry.
Top countries in Frozen Hake Fillets Exports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 70,277,000 | 2023 | +20.82% | +12.45% | View data |
| 2 | 2 Germany | 19,258,000 | 2023 | +4.43% | +5.65% | View data |
| 3 | 3 France | 2,269,800 | 2023 | -2.51% | +15.84% | View data |
| 4 | 4 Belgium | 1,538,500 | 2023 | +2.71% | +0.6% | View data |
| 5 | 5 Vietnam | 1,349,900 | 2021 | View data | ||
| 6 | 6 Denmark | 775,300 | 2023 | +5.39% | +26.33% | View data |
| 7 | 7 Mexico | 33,650 | 2021 | -58.12% | +8.87% | View data |
| 8 | 8 South Korea | 12,850 | 2021 | +91690% | View data | |
| 9 | 9 Luxembourg | 12,330 | 2023 | +2.02% | +11.99% | View data |
| 10 | 10 Norway | 3,660 | 2023 | -37.86% | -22.41% | View data |
