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Trade Tracker: China import value drops
Almost one quarter of all U.S. seafood exports head to China
February 01, 2013
The dollar value of the seafood trade between the United States and China has decreased slightly over the past few years. The No. 2 country of origin for U.S. seafood imports behind only Canada, China sent more than $1.7 billion worth of seafood to the United States from January through November 2012. That dollar amount is down about 2 percent for the same period of the previous year, which reached more than $1.8 billion. More than 15 percent of all seafood imported to the United States comes from China. Tilapia, Pacific salmon and cod are among the top imports, respectively. Approximately 40 percent of imports from China enter through the ports of Los Angeles or Boston.
China is the top destination for U.S. seafood exports, followed by Canada and Japan. In fact, 22 percent of all seafood exports from the United States are destined for China. From January through November of 2012, the United States sent more than $1 billion worth of seafood to China, a year-to-year decrease of 1.4 percent. Top seafood exports are classified as frozen fish, Pacific salmon and cod. More than half of the seafood sent to China departs from Anchorage, Alaska. Other top ports of departure are located on the U.S. West Coast. Zepol Corp. of Minneapolis provides up-to-date U.S. trade data through several 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.
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