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Global hake production and trade: Insights for food security and supply chain resilience

Economics

Global hake production and trade: Insights for food security and supply chain resilience

A. Ospina-alvarez, G. M. Aragão, et al.

Explore the intricate global hake trade network in this study, which identifies Spain as the key importer and Namibia and South Africa as chief exporters. The research, conducted by Andrés Ospina-Alvarez, Guilherme Martins Aragão, Lucía López-López, Sebastián Villasante, and Joan Moranta, highlights the growth in trade values and the need for resilience in trading practices for sustainable hake management.

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~3 min • Beginner • English
Abstract
Hake, a key species in global seafood trade, substantially influences market dynamics and consumption patterns. This study delves into the global hake trade network (HGTN), spotlighting the roles and connections of key countries such as Spain, Namibia, Argentina, South Africa, the USA, and Italy, with Spain being the primary importer and countries like Namibia and South Africa notable exporters. Our findings unveil a multifaceted trade network, with Spain and Namibia as central nodes, and reveal growth in trade volume and value, signifying an evolving marketplace. The network's susceptibility to economic, political, and ecological shifts underscores the necessity for resilient, adaptable trading practices to sustainably manage hake trade. Our findings emphasise the importance of managing resources and maintaining market balance to support global food security and reflect the dynamic seafood industry.
Publisher
npj Ocean Sustainability
Published On
Oct 13, 2024
Authors
Andrés Ospina-Alvarez, Guilherme Martins Aragão, Lucía López-López, Sebastián Villasante, Joan Moranta
Tags
hake trade
global network
sustainable management
food security
exporters and importers
trade volume
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