In 2023, Russia led global frozen haddock fillets exports, with a value of $58.09 million USD. Following Russia, Vietnam showed substantial growth with exports valued at $19.954 million USD, marking a significant 113.2% increase year-over-year. Germany exported $5.5997 million USD, showing a moderate 0.69% rise. The UK and USA demonstrated growths of 4.52% and 16.89% respectively. Meanwhile, Belgium witnessed a decline of 7.16%. Spain and Austria maintained minimal export contributions.
Future trends suggest continued dominance by Russia, though Vietnam's rapid growth could see it challenge for market leadership. Market volatility, geopolitical factors influencing trade, and an increased focus on sustainable, eco-friendly sourcing may significantly impact future exports.
Top countries in Frozen Haddock Fillets Exports by Country
| # | 8 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 58,090,000 | 2023 | +4.47% | +3.85% | View data |
| 2 | 2 Vietnam | 19,954,000 | 2023 | +39.21% | +113.2% | View data |
| 3 | 3 Germany | 5,599,700 | 2023 | +6.18% | +0.69% | View data |
| 4 | 4 United Kingdom | 2,969,300 | 2023 | +9.04% | +4.52% | View data |
| 5 | 5 United States | 1,203,000 | 2023 | +0.98% | +16.89% | View data |
| 6 | 6 Belgium | 453,850 | 2023 | +2.06% | -7.16% | View data |
| 7 | 7 Spain | 5,300 | 2021 | -28.95% | -46.15% | View data |
| 8 | 8 Austria | 37.8 | 2021 | View data |
