SeaFood Business

JUL 2013

SeaFood Business is the global trusted authority for seafood buyers and sellers. We are the seafood industry's leading trade magazine with more than 30 years of experience. Our coverage is based on the "business" of buying and selling seafood.

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Trade Tracker Top lobster import origins Lobster imports fat, exports up 20 percent Canada the dominant lobster trade partner O ne of the top 10 species imported to the United States, lobster has shown little growth so far this year, rising just 0.64 percent (both Homarus and Panulirus spp.). Lobster imports for the frst four months of the year reached more than Zepol Corp. of Minneapolis provides up-to-date U.S. trade data through several subscription tools: TradeIQ™ is a U.S. Customs import bill of lading database utilized to find information about competitors, suppliers, prospects and the products that they use, market, or transport. TradeView™ provides U.S. Census data to visualize the U.S. import and export market. ComplianceMonitor™ is a comprehensive tool that proactively alerts users of essential U.S. import trade compliance information. For more information, visit www.zepol.com. $212 million. Exports of frozen American lobster, on the other hand, have increased by nearly 21 percent from January through April this year. Most of this increase comes from rising demand for frozen lobster in Canada, which has increased 200 percent so far this year. Te majority of lobster imports arrive from Canada (70 percent), followed by 7 percent from the Bahamas and 6 percent from Honduras. Live lobster imports increased 4 percent during the reporting period, while frozen imports decreased 3 percent. Lobster exports are also most commonly live, rather than frozen, albeit January through April 2013 Country USD Canada Bahamas Honduras Nicaragua Brazil South Africa Australia Colombia St. Helena China $146,794,412 $14,957,827 $13,327,743 $11,547,267 $4,821,151 $4,473,098 $4,147,541 $2,117,270 $1,889,294 $1,664,284 Top lobster export destinations January through April 2013 Country USD Canada China Italy Hong Kong Spain France Korea, South United Kingdom Taiwan Netherlands there was a recent increase of frozen exports earlier this year. Most lobster exports are destined for Canada, China and Italy. $17,433,950 $13,233,722 $10,399,106 $8,511,731 $8,160,123 $7,810,939 $5,586,574 $4,561,964 $2,579,305 $1,804,369 Canada is both a major source as well as destination for the United States' lobster trade. In fact, 38 percent of all seafood imported U.S. lobster imports U.S. lobster exports In millions of USD from Canada is lobster. Likewise, 35 percent of all seafood exported from the United States to Canada is some form of lobster. In millions of USD $60 $120 2012 $100 2012 $50 2013 $80 $60 $30 $40 $20 $20 2013 $40 $10 $0 $0 Lobsters (live, fresh, chilled, dried, salted or in brine, not frozen) 16 SeaFood Business July 2013 Lobsters (including in shell, frozen) Rock lobster & other sea crawfish (including in shell, frozen) Lobsters (live, fresh, chilled, dried, salted or in brine, not frozen) Lobsters (including in shell, frozen) Rock lobster & other sea crawfish (including in shell, frozen) Visit us online at www.seafoodbusiness.com

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