March, 2015
The fish and seafood sectors are among the largest food sectors exported by Canada. In 2014, Canada exported $4.9 billion of fish and seafood products, an increase of $517 million from 2013. Approximately 85 percent of all fish landed by Canadian harvesters are exported to foreign markets.
International trade figures show that 63 percent of Canadian fish and seafood exports were destined for the United States at a value of $3.1 billion in 2014. The People’s Republic of China and the European Union were also important export markets in 2014, accounting for $508 million and $459 million worth of exports respectively. These two markets accounted for 19 percent of total Canadian fish and seafood exports worldwide.
Canada’s largest exports by species were lobster, snow/queen crab, shrimp and farmed Atlantic salmon. In 2014, these species represented 63 percent ($3.1 billion) of the total value and 46 percent (262 thousand tonnes) of the total volume of fish and seafood exports. Lobster remains Canada’s top export species in terms of value, with $1.5 billion of exports in 2014.
In 2014, provincially, the largest exporter of fish and seafood products was Nova Scotia, followed by New Brunswick, British Columbia, Newfoundland and Labrador, Quebec and Prince Edward Island.
Details about the 2014 provincial and territorial exports of fish and seafood products are presented below:
- Canada’s thirteenth largest exporter of fish and seafood, with exports valued at $146.7 thousand (0.4% decrease over the previous year).
- Exported approximately 33 tonnes of fish and seafood.
News release: Minister Shea Highlights 12% Increase in 2014 Canadian Fish and Seafood Exports
B-HQ-15-14E(a)
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