Fisheries and Oceans Canada

Fisheries and Oceans Canada

March 16, 2015 12:50 ET

Minister Shea Highlights 12% Increase in 2014 Canadian Fish and Seafood Exports

Exports Increase Over Last Year Represent A Growth Of Half A Billion Dollars

BOSTON, MASSACHUSETTS--(Marketwired - March 16, 2015) - Joined by several Canadian companies at the Seafood Expo North America in Boston, the Honourable Gail Shea, Minister of Fisheries and Oceans, today highlighted the 2014 trade figures for Canada's exports of fish and seafood products. Canadian exports continued to grow once again, with total sales of $4.9 billion in 2014. This represents an overall increase of $517 million or 11.9% from the previous year.

Canadian fish and seafood exports reached new markets in 2014, with exports to even more countries (now 136, up from 123 countries in 2013). The United States remains our largest export market, accounting for 63% of fish and seafood exports, at a value of $3.1 billion. Canada's biggest seafood export increase overall was to the European Union with a 24 percent increase ($89 million) in export growth.

Upon entry into force of Canada's Comprehensive Economic and Trade Agreement (CETA) with the European Union, 96% of European Union tariffs on Canada's fish and seafood products will be immediately eliminated, and the remaining 4% will be eliminated within seven years. Trade with South Korea is also expected to increase as a result of the Canada-Korea Free Trade Agreement which came into force January 1, 2015.

Minister Shea is currently leading the Canadian delegation at North America's largest seafood trade event, Seafood Expo North America, March 15 to 17, where she is promoting Canada's role in ensuring very well regulated and sustainable seafood.

Quick Facts

  • 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 of exports 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.
  • After the U.S., the People's Republic of China and the European Union are significant markets, importing almost $508 million and $459 million worth of Canadian fish and seafood products respectively in 2014.
  • Aquaculture represents about a third of Canada's total fisheries value and about 20% of total seafood production. The industry provides more than 14,000 job opportunities in direct and indirect employment, many of which are in remote and coastal locations.
  • Aquaculture supplies approximately 50 percent of the fish and seafood consumed worldwide, and demand is steadily increasing. It is the world's fastest growing food production system.

Quotes

"Our Government's efforts since 2006 to open new markets to our world-class fish and seafood products are producing concrete results. We are already seeing increased exports to the European Union in anticipation of our trade agreement coming into force. We can expect even more growth over the coming years as tariffs are phased out as a result of our trade agreement with South Korea as well."

The Honourable Gail Shea, Minister of Fisheries and Oceans

Related Product

Associated Links

BACKGROUNDER

PROVINCIAL AND TERRITORIAL STATISTICS ON CANADA'S FISH AND SEAFOOD EXPORTS IN 2014

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:

Nova Scotia

  • Canada's largest exporter of fish and seafood, with exports valued at $1.3 billion (19% increase over the previous year).
  • Exported 125,157 tonnes (t) of fish and seafood.
  • Top three exports by value were lobster (34,531 t valued at $579.6 million), scallop (6,416 t valued at $164.0 million), and snow/queen crab (9,131 t valued at $114.1 million).

New Brunswick

  • Canada's second largest exporter of fish and seafood, with exports valued at $1.1 billion (8% increase over the previous year).
  • Exported 88,959 tonnes (t) of fish and seafood.
  • Top three exports by value were lobster (25,517 t valued at $631.2 million), farmed Atlantic salmon (16,090 t valued at $148.6 million) and snow/queen crab (10,325 t valued at $128.3 million).

British Columbia

  • Canada's third largest exporter of fish and seafood, with exports valued at $981.9 million (10% increase over the previous year).
  • Exported 151,405 tonnes of fish and seafood.
  • Top three exports by value were farmed Atlantic salmon (32,394 t valued at $254.3 million), crab (5,912 t valued at $99.9 million) and sockeye salmon (11,425 t valued at $90.3 million).

Newfoundland and Labrador

  • Canada's fourth largest exporter of fish and seafood, with exports valued at $874.3 million in 2014 (6% increase over the previous year).
  • Exported 134.2 tonnes of fish and seafood.
  • Top three exports by value were snow/queen crab (27,252 t valued at $335.1 million), shrimp (47,022 t valued at $256.9 million) and Greenland turbot (10,829 t valued at $58.6 million).

Quebec

  • Canada's fifth largest exporter of fish and seafood, with exports valued at $271.7 million in 2014 (14% increase over the previous year).
  • Exported 23,156 tonnes of fish and seafood.
  • Top three exports by value were snow/queen crab (8,622 t valued at $104.5 million), lobster (3,475 t valued at $80.0 million) and shrimp (1,603 t valued at $20.0 million).

Prince Edward Island

  • Canada's sixth largest exporter of fish and seafood, with exports valued at $261.8 million (28% increase over the previous year).
  • Exported 25,118 tonnes of fish and seafood.
  • Top three exports by value were lobster (9,357 t valued at $199.3 million), farmed mussel (12,677 t valued at $40.0 million) and farmed oyster (826 t valued at $5.9 million).

Ontario

  • Canada's seventh largest exporter of fish and seafood, with exports valued at $112.2 million (11% increase over the previous year).
  • Exported approximately 15,894 tonnes of fish and seafood.
  • Top three exports by value were pickerel (1,837 t valued at $18.8 million), perch (1,169 t valued at $14.6 million) and whitefish (1,862 t valued at $13.6 million).

Manitoba

  • Canada's eighth largest exporter of fish and seafood, with exports valued at $57.3 million (2% increase over the previous year).
  • Exported approximately 5,821 tonnes of fish and seafood.
  • Top three exports by value were perch (1,723 t valued at $33.2 million), whitefish (1,326 t valued at $7.8 million) and pickerel (93 t valued at $1.1 million).

Saskatchewan

  • Canada's ninth largest exporter of fish and seafood, with exports valued at $6.3 million (18% increase over the previous year).
  • Exported approximately 797 tonnes of fish and seafood.
  • Top three exports by value were farmed rainbow trout (475 t valued at $4.0 million), lobster (24 t valued at $330.4 thousand) and Atlantic cod (68 t valued at $204 thousand).

Alberta

  • Canada's tenth largest exporter of fish and seafood, with exports valued at $5.8 million (22% decrease over the previous year).
  • Exported approximately 64 tonnes of fish and seafood.
  • Top three exports by value were herring (14 t valued at $85.4 thousand), sea urchin (1 t valued at $81 thousand) and spring salmon (2 t valued at $43.8 thousand).

Nunavut

  • Canada's eleventh largest exporter of fish and seafood, with exports valued at $1.9 million (22% increase over the previous year).
  • Exported approximately 295 tonnes of fish and seafood.
  • Top exports by value were Greenland halibut (289 t valued at $1.8 million) and salmonidae species (1 t valued at $37 thousand).

Northwest Territories

  • Canada's twelfth largest exporter of fish and seafood, with exports valued at $1.4 million (358% increase over the previous year).
  • Exported approximately 271 tonnes of fish and seafood.
  • Exports were shrimp (212 t valued at $798.2 thousand), clam (37 t valued at $377.2 thousand) and crab (20 t valued at $223.2 thousand).

Yukon

  • 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.

Internet: http://www.dfo-mpo.gc.ca

Follow us on Twitter! www.Twitter.com/DFO_MPO

Contact Information

  • Theresa Nichols
    Media Relations
    Fisheries and Oceans Canada
    Ottawa, Ontario
    613-990-7537

    Sophie Doucet
    Director of Communications
    Office of the Minister
    Fisheries and Oceans Canada
    613-992-3474