John Walden
166 Water St.
Woods Hole, MA 02543
(508) 495-2355

Northeast Region Trade Summary

Historically, the Northeast Region exhibits a trade deficit in edible fishery products because of the large quantity of fish imports entering the Region through the port of New York City, and the Region's proximity to Canadian fishing ports. In 2013, approximately $7.6 billion of fish products were imported into the Northeast Region, and about $1.2 billion was exported, resulting in a deficit of $6.4 billion. Compared to 2012, the trade deficit in 2013 increased by $631.7 million (nominal dollars). During 2013, imports increased by $655 million (9.4%) in value from 2012, while exports increased by $23.2 million (1.9%). Read more >>

The majority of import product categories increased in value during 2013. The top five product specific imports which saw gains were shrimp ($430.5 million), scallops ($142.2 million), salmon ($138.8 million), crab ($38.2 million), and lobster ($34.1 million). Export product categories that increased in value during 2013 included lobster ($60.7 million), salmon ($12.4 million), coastal pelagic ($2.3 million), groundfish ($1.7 million), and shrimp ($1.2 million). These increases were offset by declines in export value of crab (-$11.6 million), and scallops (-$32.9 million).

Canada has traditionally been the largest trading partner for the New England states. In 2013, fishery imports from Canada into New England of seven selected fishery product categories increased by 2,221 metric tons (live-weight) from 2012 levels. The volume of lobster, groundfish and salmon imports from Canada all declined, while imports of crabs, coastal pelagics, flatfish and shrimp all increased. Fishery imports from non-Canadian sources into the Northeast region declined by 5,300 metric tons. Groundfish recorded the biggest decline of 2,223 metric tons, followed by shrimp (1,871 metric tons), flatfish (1,443 metric tons), salmon (361.4 metric tons), and coastal pelagics (91.1 metric tons). Crab imports from non-Canadian sources increased 693.7 metric tons. Overall, Canadian market share increased slightly from 46% to 48%, and in three out of seven individual market categories (coastal pelagics, flatfish, and shrimp).

 In terms of export value of fish products from the Northeast Region, Canada was by far the region's most important trading partner in 2014 ($439.5 million), followed by France ($70.9 million) and China ($53.6 million). During 2013, five of the top ten nations in export value from the Northeast Region belonged to the European Union (France, Italy, Spain, United Kingdom, and Belgium). and, as a block, these five EU nations accounted for $234.9 million in value. Exports to the top ten nations increased roughly 1% in value during 2013 ($8.1 million). The top ten countries accounted for 70% of the value of all edible fishery product exports and re-exports from the Northeast Region in 2013.

Summary Statistics

Other Trade Information:

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NMFS Headquarters Trade Data

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(File Modified Sep. 11 2014)