Aquaculture for all

Canadian Seafood Exports Continue to Grow in 2013

Sustainability Economics Politics +4 more

CANADA - Gail Shea, Minister of Fisheries and Oceans, has released the 2013 trade figures for Canadas exports of fish and seafood products. Once again, Canadas seafood exports continued an upward trend, with an overall increase of C$268 million or 6.5 per cent over the previous year, with total sales reaching C$4.42 billion.

Lucy Towers thumbnail

Canada’s biggest seafood export increase overall was to the US, which saw an eight per cent (C$217 million) increase over the previous year, followed closely by the European Union with an 8.3 per cent (C$28.6 million) export growth. Canada and the European Union last year agreed on the Comprehensive Economic and Trade Agreement, which has been widely welcomed as a major boon for the industry.

The Government of Canada also announced on March 11, that Canada and the Republic of Korea have concluded negotiations for a Canada-Korea Free Trade Agreement. The agreement will significantly boost trade between the two countries, eliminating all South Korea’s average tariff of 16.5 per cent in this sector, which includes tariff peaks as high as 47 per cent, on fish and seafood products.

Minister Shea is currently leading the Canadian delegation at North America’s largest seafood trade event, Seafood Expo North America on March 16 to 18, where she promoted Canada’s role in ensuring very well regulated and sustainable seafood.

Create an account now to keep reading

It'll only take a second and we'll take you right back to what you were reading. The best part? It's free.

Already have an account? Sign in here