U.S.

Seafood Exports
Top Growth Markets and Products
Joel Chetrick
USDA Foreign Agricultural Service
July 2006
 Top 10 Growth Markets for U.S. Seafood by Value

2500

Russia

Italy
2000

Spain

UK
1500

$ Millions

France

Netherlands
1000

Germany

China
500

Korea

Canada
0
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005

Top 10 Growth Markets for U.S. Seafood by Volume

700,000
Thailand

600,000 Portugal

Lithuania
500,000
Spain
Metric Tons

400,000 France

Russia
300,000
Netherlands
200,000 Germany

100,000 Korea

China
0
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005

 Growth Markets – What’s Behind the Numbers?

• Canada: large importer of premium products much of which is further processed and re-exported.
Imports of high-value scallops are growing. Imports of lobster and halibut are increasing in value.

• Korea: increased sales of surimi and pollock

• China: large consumer and re-processor/exporter of seafood. Imports have increased for many species
and products including salmon, cod, sole, crab, pollock, herring, fish meal, sardine, surimi and scallops.

• Germany: increased sales of pollock, surimi and salmon

• Netherlands: significant market and transshipment point for seafood, with growing imports of pollock, surimi,
cod, salmon and scallops

• France: large importer of lobster and salmon, and a growing market for scallops, surimi and pollock

• United Kingdom: largest market for canned salmon, and a growing user of scallops, frozen Sockeye salmon
and Coho salmon

• Spain: large importer of cod; growing market for lobster, surimi and whiting/hake

• Italy: growing market and largest European destination for lobster

• Russia: growing market for whiting/hake, frozen salmon and salmon roe

• Lithuania: growing importer of surimi and re-processor/exporter of surimi-base analogue seafood

• Portugal: large importer, consumer and re-processor/exporter of cod

• Thailand: growing importer and re-processor/exporter of salmon

Top 10 Growth Products for U.S. Seafood by Value

2500

2000 Sardine
Whiting/Hake
Halibut
1500
$ Millions

Mackerel
Scallops
Cod
1000
Lobster
Surimi
Salmon
500
Pollock

0
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005

 Growth Products – Where Are They Going?

Exports by Regional Share (Value), 2005

North European Former East Southeast All

America Union Soviet Asia Asia Other
Union Regions
Pollock 1% 33% * 65% * *
Salmon 13% 15% 3% 62% 5% 2%
Surimi * 16% * 83% * *
Lobster 49% 43% * 6% * *
Cod 9% 33% * 43% 2% 13%
Scallops 25% 54% * 14% 4% 3%
Mackerel 3% 3% 6% 63% 3% 22%
Halibut 92% 2% 0% 6% * *
Whiting/Hake * 44% 44% 7% 0% 5%
Sardine 1% 2% 2% 74% 2% 19%

See http://www.fas.usda.gov/ustrade/ustlists/FASCntryGrp.asp?QI= for lists of countries in defined regions.

* indicates less than 1%.
Top 10 Growth Products for U.S. Seafood by Volume

800,000

700,000
Scallops
600,000
Halibut
Fish Meal
500,000
Metric Tons

Whiting/Hake
400,000 Mackerel
Sardine
300,000 Cod
Pollock
200,000
Salmon
Surimi
100,000

0
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005

 Growth Products – Where Are They Going?

Exports by Regional Share (Volume), 2005

North European Former East Southeast All Other

America Union Soviet Asia Asia Regions
Union
Surimi * 18% * 81% * *
Salmon 12% 19% 4% 56% 6% 3%
Pollock 3% 63% * 33% * *
Cod 8% 29% * 49% 3% 11%
Sardine 1% 1% 2% 64% 1% 31%
Mackerel 3% 5% 6% 46% 3% 37%
Whiting/Hake * 34% 55% 4% 0% 7%
Fish Meal 1% * 5% 93% * *
Halibut 88% 3% 0% 9% * *
Scallops 26% 54% * 13% 3% 4%