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Trade Tracker: Alaska pollock exports up 15 percent
Japan demands more of the popular whitefish
September 01, 2013
U.S. exports of Alaska pollock have amounted to nearly $250 million for the first half of the year, up 15 percent from the same period in 2012. Frozen fillets are the most popular product form exported; only a very small amount is exported fresh. Nearly all of the Alaska pollock exports depart from Anchorage, Alaska, or Seattle.
The final destinations for this whitefish are spread throughout Europe and Asia. Germany imported more than 40 percent of Alaska’s pollock exports from January through June of this year, while China imported 25 percent and the Netherlands 18 percent. Other popular destinations include Ukraine, France and Thailand. Most recently, Japan has shown significant growth in demand for Alaska pollock, going from importing thousands to millions of dollars in product in just one year.
Even though the amount of pollock exports, in terms of weight, has gone up in the last year, the price of the fish has actually gone down. The price per kilogram (kg) of exports by vessel has averaged $3.13 so far this year, whereas last year at this time the price averaged $3.46 per kg.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.