5 days ago · China has placed a 10% tariff on U.S. lobster exports. And trade experts warn that more dire impacts may still be on the horizon. Trump placed a variety of new tariffs on European Union countries, and Eric Miller, a consultant with the Rideau Potomac Strategy Group, said those countries could retaliate and tax American lobster or seafood exports.

Feb 14, 2025 · The primary US fish exports, based on value, are led by crabs, lobsters, scallops, salmon, and shrimp, with Alaskan (walleye) pollock also featuring prominently. These seafood products often fetch high prices in international markets, reflecting their desirability and, in some cases, limited supply.

Aug 17, 2023 · World exports of lobsters increased by 20.6 percent during the first quarter of 2023 compared to the same period in 2022. Canadian exports increased by 22.8 percent, and Canada accounted for 57.7 percent of total exports. Canada’s dominance in the international lobster trade is becoming stronger.

Exports from Northern America dominate international markets with the rise in production of American lobster over recent years. Spiny lobster production and trade, meanwhile, is smaller and has not increased over time.

Exports In 2023 the top exporters of Lobster, prepared or preserved were Canada ($334M), United States ($7.87M), United Arab Emirates ($7.85M), France ($3.43M), and Chinese Taipei ($2.82M).

Mar 5, 2025 · The lobster sector exports roughly 65 per cent of its products to the U.S., and American shoppers are already seeing a hefty price increase in the grocery store. Story continues below advertisement

Aug 16, 2024 · Processing, packaging, and exporting lobsters is a detailed process that ensures these prized seafood reach their destination in the best possible condition. Lobsters are valued for their rich flavor and tender meat, making them a sought-after delicacy worldwide.

According to Volza's export data from Mar 2023 to Feb 2024, world exported Lobster to 110 different countries. The top three importers were Vietnam, China, and United States collectively accounting for 82% of the world's total Lobster exports. Vietnam was the largest importer, receiving 64% or 11,015 shipments.

Global Lobster Export is projected to reach 142 million kilograms by 2026, increasing at an average rate of 1.7% year on year. This follows a 3.6% year on year growth since 2016. Canada was the largest exporter of Lobster in 2021, at 61.6 million kilograms.

Mar 29, 2025 · Nova Scotia government figures for 2024 show 52 per cent, or $1.2 billion of the province’s seafood, was exported to the U.S., while another 26 per cent or $614 million in exports went to China.