« October 2012 Table of Contents Pin It

Trade Tracker: Salmon is king

U.S. exports of sockeye, pink salmon and salmon roe peak in July

by Staff Reporter
October 01, 2012

In the U.S. seafood industry, summer means salmon. From mid-May through August, the Alaska and West Coast salmon fisheries are in full swing. And the rest of the seafood-consuming world is thankful. 

July is the peak month for U.S. sockeye salmon exports. Last year, the value of sockeye exports went from $3.9 million in June to more than $82 million in July. This year saw a similar trend in export values, which went from $5.7 million in June up to $51.6 million in July, marking a 38 percent decline, year-to-year. The top market for U.S. sockeye salmon is Canada, which takes in about 29 percent of U.S. sockeye exports, followed closely by Japan at 22 percent. 

Pink salmon export values this year (January through July) hit $6.4 million, with peaks in January and July. The top destination for U.S. pink salmon exports is China, which has already brought in $2.6 million worth of pinks this year, or 41 percent of total U.S. exports. Canada is the second-largest importer of U.S. pink salmon and accounts for $1.4 million worth of the fish, or 22 percent of exports.

Frozen salmon roe exports also peaked in July, moving from $247,000 in June to more than $17 million in July. A large chunk, or 45 percent, of U.S. salmon roe is exported to Japan. Japan refers to salmon roe as ikura and uses the product predominately in sushi cuisine. China has also taken in about 23 percent of U.S. exports of salmon roe this year, while Russia trails at 9 percent (January through July). 

Zepol Corporation is a Minnesota-based company working to provide the most complete and up-to-date U.S. trade data through our 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. 

 

Find other SeaFood Business articles with salmon here.

CLICK on the animated cover below to read the full digital issue 

October 2012 - SeaFood Business     

 

Featured Supplier

Company Category