Tag Archives: seafood exports
Nova Scotia seafood sector far exceeds targets set a decade ago
Federal Agriculture Minister Lawrence MacAulay was roasted by opponents last week when he posted a photo on X (formerly Twitter) of himself eating a lobster in Malaysia while on a trade mission in the Indo-Pacific. The P.E.I. politician was denounced as tone deaf and out of touch with average Canadians, but overseas trade missions are one reason Nova Scotia seafood exports have exceeded goals set for the industry 10 years ago in the Ivany report — a blueprint for expanding the province’s economy. Veteran seafood analyst Peter Norsworthy, while not weighing in on the optics of the MacAulay image, said seafood exports from Nova Scotia to China have grown from $25 million in 2007 to $666 million in 2021, with almost all of that growth in lobster. Photos, more, >>click to read<< 06:31
Vietnamese favor Canadian lobsters, snow crabs
Vietnam spent US$65 million importing Canadian seafood, mainly lobsters and snow cabs last year, doubling 2021 imports and trebling 2020. Among Southeast Asian countries, Vietnam was Canadian’s biggest seafood importer, Steve Craig, Minister of the Department of Fisheries and Aquaculture of the Canadian province of Nova Scotia, said at a recent business networking event in HCMC. Although Vietnam is the world’s fourth largest seafood exporter with an annual turnover of $11 billion, it is still a fertile ground for Canadian products, he said, noting that Vietnamese are among the world’s top seafood consumers. >click to read< 11:47
‘Okay, so what do we do?’ – New Markets Reshape Crab Industry
“China shutting down was when we first started to feel the impact of the (coronavirus) pandemic, then the closures of restaurants and stores hit us full blast,” says Novotny. “All of a sudden nothing was going out.” “But necessity is the mother of invention. Everyone from the crabbers to the processors to the mom-and-pop places started saying, ‘Okay, so what do we do?’ and you started to see Pacific Seafood start shipping crab all over the country.” Until the pandemic, flash-freezing techniques, which freeze crabs in a briny block of ice to maintain flavor and texture, was a niche market, used primarily for small orders. >click to read< 10:37
Coronavirus: Global lockdown to hit China’s supplies of steak, lobster, wines
Just over a month ago, supply chains in China were thrown into chaos as trucks and planes delivering goods to the world came to a standstill. Now, China’s economy is moving back towards capacity, while the supply shock from the coronavirus pandemic is beginning to affect many Western countries, as they look to contain the virus’ spread. But this second round of supply shock enveloping countries around the world may mean China’s growing middle classes find themselves strapped for premium overseas food such as meat and dairy products,,, Video, >click to read< 11:26
