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
(firmenpresse) - BOSTON, MASSACHUSETTS -- (Marketwired) -- 03/16/15 -- 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.
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"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
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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
New Brunswick
British Columbia
Newfoundland and Labrador
Quebec
Prince Edward Island
Ontario
Manitoba
Saskatchewan
Alberta
Nunavut
Northwest Territories
Yukon
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Contacts:
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
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Datum: 16.03.2015 - 11:50 Uhr
Sprache: Deutsch
News-ID 1344445
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