Fisheries and Oceans Canada

Fisheries and Oceans Canada

March 14, 2005 10:15 ET

DFO: Canadian Seafood Exports Reach $4.5 Billion in 2004


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: FISHERIES AND OCEANS CANADA

MARCH 14, 2005 - 10:15 ET

DFO: Canadian Seafood Exports Reach $4.5 Billion in
2004

OTTAWA, ONTARIO--(CCNMatthews - March 14, 2005) - Parliamentary
Secretary Shawn Murphy, on behalf of the Honourable Geoff Regan,
Minister of Fisheries and Oceans, today announced that 2004 proved to be
a successful year for fish and seafood exports when Canadian sales to
more than 120 countries totalled $4.5 billion. The announcement came
during Canada's participation in the 2005 International Boston Seafood
Show.

"For the past several years, Canada has benefited from exceptional
export figures. This is evidence of our country's commitment to
providing quality seafood products to an increasing number of
international markets", said Mr. Murphy, M.P. for Charlottetown.

Even though the Canadian dollar was worth seven per cent more compared
to the U.S. dollar, exports of $4.5 billion were equal to the sales
recorded in 2003. More than 685,000 tonnes of fish and seafood products
were exported worldwide last year - up eight per cent compared to 2003.

"Seafood is the largest single food commodity exported by Canada. The
commendable performance in 2004 by all stakeholders is tangible proof of
why Canada is the fifth largest seafood exporter in the world," Mr.
Murphy said. "The stability of Canada's fisheries depends upon the
future productivity of the resource. That's why DFO works so hard to
ensure that fishing is conducted in a way that respects the
sustainability and viability of all stocks."

The United States remains Canada's largest export destination, with
nearly two-thirds of its seafood products, valued at $2.8 billion, sold
to this market. Once again, Japan ranked second with Canadian seafood
imports valued at nearly $500 million. Exports to the European Union,
Canada's third largest trading partner, increased by 4.0 per cent last
year to more than $474 million. China and Hong Kong followed at $366
million.

The top three species exported from Canada last year were lobster, crab,
and salmon (farmed and wild) with a combined value of more than $2.5
billion. They accounted for 55 per cent of Canada's seafood exports.
Lobster exports were $951.7 million, followed by crab, worth $925.6
million, and salmon, at $573.5 million. Other major export species
included herring, scallops, cod, halibut, and clams, with a combined
value of almost $600 million.

Nova Scotia was once again the largest exporting province at $1.09
billion, with its top-valued products - lobster, scallops, and crab -
accounting for more than $615 million. Newfoundland and Labrador came in
second, with exports worth $1.01 billion - shrimp, crab, and Atlantic
cod being its highest-selling products. British Columbia ranked third at
$985 million; New Brunswick, fourth at $824 million. The province of
Quebec saw a significant increase of more than 15 per cent in exports
last year, moving it up to fifth place with $218 million, ahead of
Prince Edward Island, at $181 million.

These international trade figures were released during the International
Boston Seafood Show, which is taking place March 13-15, 2005. Known as
the largest seafood event in the Northeast, thousands of industry
professionals from around the world gather to meet buyers, explore
markets, and introduce and view new products.

"These figures show how our fishing industry is staying competitive
despite the higher dollar," Mr. Murphy said. "Events such as the Boston
Seafood Show, however, expose Canadian companies to the latest
technology and innovation to generate greater value from our seafood
products."

Mr. Murphy is the Parliamentary Secretary to Fisheries and Oceans
Canada. He is attending the show on behalf of Minister Regan in support
of Canada's fish and seafood industry. Mr. Murphy took part in a
roundtable luncheon yesterday with Fisheries and Aquaculture Ministers
as well as business development Ministers and industry representatives.
He also attended a panel breakfast this morning where representatives
from various seafood sectors gave an industry perspective on the major
challenges faced by the seafood business.

For further information on Canada's seafood export statistics, refer to
Fisheries and Oceans' Statistical Services website at
www.dfo-mpo.gc.ca/communic/statistics/main_e.htm.



Fisheries and Oceans Canada
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B-HQ-05-09E(a)


PROVINCIAL BREAKDOWN OF CANADIAN FISH AND SEAFOOD EXPORTS IN 2004

Canada's fishing and aquaculture industries continued to show strength
in 2004, with exports of fish and seafood products totalling $4.5
billion.

The six largest Canadian exporting provinces of fish and seafood in 2004
were Nova Scotia, Newfoundland and Labrador, British Columbia, New
Brunswick, Quebec, and Prince Edward Island.

NOVA SCOTIA was once again Canada's top exporter of fish and seafood
products with a value of $1.09 billion. The province exported 145,881
tonnes (t) of seafood in 2004, representing a slight decrease from
volumes recorded in 2003. The three most important species, in terms of
value, were lobster (22,657 t worth $398.6 million), scallops (7,604 t
valued at $121.5 million), and snow crab (7,779 t valued at $95.2
million). Atlantic cod represented the largest exported groundfish
species, with 8,736 t valued at $60.7 million. The top pelagic fish
export was herring, with 7,797 t valued at $20.4 million. Nova Scotia's
highest valued export species group was shellfish, worth $806.9 million.
Groundfish and pelagic exports were valued at $171.8 million and $61
million, respectively.

NEWFOUNDLAND AND LABRADOR was the second most valuable exporter of fish
and seafood products with 186,667 t valued at $1.01 billion. This
province showed the largest increase in exports in terms of volume (19
per cent) compared to figures from 2003. Its most valuable species were
snow crab (29,434 t valued at $363.2 million), shrimp (60,858 t worth
$260.5 million), and other crab (7,230 t valued at $82.3 million).
Newfoundland and Labrador's largest groundfish export was Atlantic cod
with 7,013 t valued at $50.5 million, and the most valuable pelagic
species was mackerel (20,769 t) at $32.4 million. Shellfish exports from
this province totalled $749.5 million, groundfish exports were worth
$105.7 million, and pelagic exports came in at $82.6 million.

BRITISH COLUMBIA had the third highest value of fish and seafood exports
last year. This province exported 182,552 t of fish and seafood
products, valued at $985 million. The quantity of exports increased by
six per cent, but decreased slightly in value. B.C.'s top three species
last year were farmed Atlantic salmon (33,978 t valued at $213.2
million), wild salmon (29,411 t worth $149.1 million) and herring (7,514
t valued at $93.9 million). Pacific halibut was the most valuable
groundfish species, totalling 6,503 t worth $78.7 million, and crab was
the top shellfish species with 7,911 t at $55.3 million. Total pelagic
fish exports from British Columbia were valued at $524.4 million last
year, while shellfish and groundfish exports were worth $186.6 million
and $174.5 million, respectively.

NEW BRUNSWICK ranked fourth most valuable fish and seafood exporter in
2004, exporting 101,179 t of products worth $824.2 million. This
province saw an increase in both volume (13 per cent) as well as value
(three per cent) compared to 2003 exports. Its top three species were
lobster (14,860 t valued at $388.9 million), farmed Atlantic salmon
(19,997 t valued at $155.1 million), and snow crab (10,335 t worth
$130.6 million). Atlantic cod was the highest valued groundfish species
and accounted for $1.2 million. The most valuable species group exported
from New Brunswick in 2004 was shellfish, worth $581.5 million, while
pelagic and groundfish exports were valued at $225.2 million and $2.1
million, respectively.

QUEBEC ranked fifth most valuable fish and seafood exporter in 2004, up
from sixth place in 2003. Its volume of exports increased by nine per
cent to 25,592 t, and value increased by 15 per cent to $217.6 million.
The three most valuable species for Quebec were snow crab (6,079 t worth
$69.2 million), other crab (2,521 t valued at $30.3 million), and shrimp
(3,268 valued at $30.1 million). The province's top groundfish export
was Atlantic cod, with 579 t worth $6.5 million, and its most valued
pelagic fish export was herring, with 597 t, valued at $2.1 million. At
$150.2 million, shellfish accounted for 69 per cent of Quebec's exports
last year and experienced a 20 per cent growth from 2003. Groundfish and
pelagic exports totalled $18.8 million and $3.7 million, respectively.

PRINCE EDWARD ISLAND was the sixth most valuable fish and seafood
exporting province in 2004, at $180.9 million. Having exported 17,852 t
last year, the province experienced a decrease of four per cent in terms
of volume and eight per cent in value. The top three export species were
lobster (5,295 t valued at $137.8 million), mussels (8,202 t valued at
$21.2 million), and oysters (801 t worth $4.8 million). P.E.I.'s most
valuable pelagic fish was salmon, with 91 t worth $1.8 million, and its
most valuable groundfish was the dogfish, with 297 t worth $1.1 million.
Shellfish exports from P.E.I. totalled $170.3 million last year, while
pelagic and groundfish exports were valued at $5.6 million and $1.7
million, respectively.

Canada's top three exporters of freshwater fish in 2004 were Ontario
(8,967 t valued at $61.8 million), Manitoba (7,538 t worth $45.2
million), and British Columbia (3,071 t worth $17.7 million).

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Fisheries and Oceans Canada, Ottawa
    Phil Jenkins
    Media Relations
    (613) 990-7537
    or
    Fisheries and Oceans Canada, Ottawa
    Sujata Raisinghani
    Press Secretary, Office of the Minister
    (613) 992-3474
    Internet : www.dfo-mpo.gc.ca