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March 13, 2009
Preliminary international trade figures showing that Canada’s exports of fish and seafood products reached $3.9 billion in 2008. More than half of Canadian fish and seafood exports are destined for the United States. The value of exports to the United States was up by about 2% last year to more than $2.4 billion, with the overall volume of exports remaining stable at around 328,000 tonnes.
The European Union is a significant market, importing $489 million, or about 14 per cent of Canada’s fish and seafood products. Japan remains our third largest trading partner for Canada’s fish products, with exports worth $294 million last year. China is Canada's fourth largest market for seafood products with exports increasing to $259 million in 2008.
Canada’s four most valuable exports by species were lobster, crab, salmon and shrimp. These species account for 46 per cent of all fish and seafood exports by volume and 65% of the value. Lobster remains number one, with exports approaching a billion dollars.
In 2008, the largest Canadian exporting provinces of fish and seafood were British Columbia, Nova Scotia, Newfoundland and Labrador, New Brunswick, Quebec, and Prince Edward Island.
- British Columbia led the country last year in fish and seafood exports, with a total value of $910.9 million.
- Exported 170,368 t of fish and seafood in 2008.
- The three most important species in terms of value were farmed Atlantic salmon (54,098 t valued at $334.5 million), hake (33,327 t valued at $65.6 million), and crab (6,830 t valued at $55 million).
- Canada’s second leading exporter of fish and seafood products in 2008 with a value of $846.5 million.
- Exported 118,928 tonnes (t) of fish and seafood in 2008.
- Nova Scotia’s most valuable species were lobster (21,897 t valued at $352 million), scallops (5,843 t valued at $95.1 million), and crab (8,374 t valued at $78.9 million)
NEWFOUNDLAND AND LABRADOR:
- Canada’s third leading exporter of fish and seafood products in 2008 with a value of $811 million.
- Exported 175,407 t of fish and seafood in 2008.
- Newfoundland and Labrador’s top three species were crab (29,011 t with a value of $269 million), shrimp/prawn (57,056 t valued at $238.5 million) and mackerel (20,791 t valued at $43.2 million)
- Canada’s fourth leading exporter of fish and seafood products in 2008 with a value of $756.7 million.
- Exported 97,948 t of fish and seafood in 2008.
- Its top three species were lobster (14,213 t valued at $364 million), farmed Atlantic salmon (23, 752 t valued at $161 million), and snow/queen crab (9,514 t at a value of $91.7 million).
- Canada’s fifth leading exporter of fish and seafood products in 2008 with a value of $230.6 million.
- Exported 28,655 t of fish and seafood in 2008.
- The top three species were snow/queen crab (7,445 t valued at $69.3 million), lobster (1,619 t valued at $44.5 million) and shrimp/prawn (2,403 t valued at $21.1 million).
PRINCE EDWARD ISLAND:
- Canada’s sixth leading exporter of fish and seafood products in 2008 with a value of $200.8 million.
- Exported 18,967 t of fish and seafood in 2008.
- Its top three species were lobster (5,741 t valued at $149.4 million), mussels (9,636 t valued at $27.8 million), and crab (759 t with a value of $7.3 million).
More detailed information about Canada’s fish and seafood exports can be found at Fisheries and Oceans Canada’s Statistical Services at www.dfo-mpo.gc.ca/communic/statistics/main_e.htm.