HS Code:
Pickerel, often classified under HS Code 0304 (Fish fillets and other fish meat, whether or not minced, fresh, chilled or frozen), refers to a category of freshwater fish, primarily from the pike family, including species like the chain pickerel. It is a niche product in global trade, predominantly sourced from North American regions. Pickerel is valued for its firm, white flesh and is commonly used in regional cuisines, particularly in the United States and Canada. Trade in pickerel is relatively small compared to other fish categories like salmon or cod, but it holds cultural and economic significance in specific markets.
Total Trade Volume
Approximately $50 million USD
Data from 2022
Source
United Nations Comtrade Database and FAO Fisheries Statistics
$30 million USD
60% of total trade of total trade
Increasing
$15 million USD
30% of total trade of total trade
Stable
$2.5 million USD
5% of total trade of total trade
Increasing
$1.5 million USD
3% of total trade of total trade
Stable
$1 million USD
2% of total trade of total trade
Decreasing
Average Rate
5.2% ad valorem
Highest Rate
12% (applied by certain EU countries on non-preferential imports)
Lowest Rate
0% (under free trade agreements like USMCA for North American trade)
Growing demand for sustainably sourced fish
Increased certification requirements for pickerel exporters, pushing smaller producers to adopt eco-labeling like MSC (Marine Stewardship Council).
2021-2022
Rising interest in niche fish products in Europe
European markets, particularly Germany and France, are showing increased imports of pickerel as a specialty product for gourmet cuisine.
2020-2022
Fluctuations in freshwater fish supply due to climate change
Erratic weather patterns and water temperature changes have affected pickerel yields, leading to price volatility in international markets.
2019-2022
Updated rules under the United States-Mexico-Canada Agreement (USMCA) have facilitated duty-free trade of pickerel between the member countries, boosting exports from Canada to the U.S.
July 2022
Expected to increase trade volume by 10-15% annually between Canada and the U.S.
The European Union introduced stricter sustainability and traceability requirements for imported fish products, including pickerel, to combat overfishing and ensure consumer safety.
January 2023
Smaller exporters may face challenges in meeting compliance costs, potentially reducing EU imports in the short term.
Reports from fisheries in the Great Lakes region indicate a decline in pickerel stocks due to rising water temperatures and habitat changes, affecting export potential.
March 2023
Possible supply shortages and price increases in international markets.