U.S. Seafood Exports Top Markets

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

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Joel Chetrick

USDA Foreign Agricultural Service

July 2006

U.S. Seafood Exports 

Top Growth Markets and Products 

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

   $   M   i   l   l   i  o  n  s

2500

2000

1500

1000

500

0

Russia

Italy

Spain

UK

France

Netherlands

Germany

China

Korea

Canada

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005

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

0

100,000

200,000

300,000

400,000

500,000

600,000

700,000 Thailand

Portugal

Lithuania

Spain

France

Russia

Netherlands

Germany

Korea

China

   M  e   t  r   i  c   T  o  n

  s

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005

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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 speciesand 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 salmonand 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

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

   $   M   i   l   l   i  o  n  s

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2000

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Sardine

Whiting/Hake

Halibut

Mackerel

Scallops

Cod

Lobster

Surimi

SalmonPollock

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005

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Growth Products – Where Are They Going? Exports by Regional Share (Value), 2005 

NorthAmerica

EuropeanUnion

FormerSovietUnion

EastAsia

SoutheastAsia

AllOther

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%.

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

   M  e   t  r   i  c   T  o  n

  s

800,000

700,000

600,000

500,000

400,000

300,000

200,000

100,000

0

Scallops

Halibut

Fish Meal

Whiting/Hake

Mackerel

Sardine

Cod

Pollock

SalmonSurimi

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005

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Growth Products – Where Are They Going? Exports by Regional Share (Volume), 2005 

NorthAmerica

EuropeanUnion

FormerSovietUnion

EastAsia

SoutheastAsia

All OtherRegions

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%