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According to the findings of Health Canada , the average annual consumption of seafood in Canada is 9.
14 kg (equivalent to 270 Canadian dollars/year)
.
According to statistics, about 25% of Canada’s population are immigrants; 50% of the immigrants are from China, India, Vietnam, South Korea, the Philippines and other Asians, who also like seafood
.
Other immigrant groups, including Africa (accounting for 15%) and the Middle East (accounting for 9%) are also potential customers with diverse needs
.
.
Other immigrant groups, including Africa (accounting for 15%) and the Middle East (accounting for 9%) are also potential customers with diverse needs
.
According to statistics from the Canadian Customs, the import demand for aquatic products in Canada has increased by an average of 7% annually.
In 2019, before the outbreak of the new crown pneumonia, the country's aquatic product imports were 4.
2 billion Canadian dollars (about 3.
5 billion U.
S.
dollars)
.
In 2019, before the outbreak of the new crown pneumonia, the country's aquatic product imports were 4.
2 billion Canadian dollars (about 3.
5 billion U.
S.
dollars)
.
Vietnam Commercial Section Embassy of Canada, said Canada to Vietnam seafood export turnover reached only 300 million Canadian dollars (US $ 250 million), which indicates that Vietnam is still a lot of scope for export of aquatic products in Canada
.
.
Vietnam mainly exports frozen shrimp and processed shrimp (both CA$3.
4 billion annually, 30% of the Canadian market share), pangasius (both CA$37 million annually), and yellowfin tuna (both CA$6 million annually).
Yuan, accounting for 80% of the Canadian market share)
.
4 billion annually, 30% of the Canadian market share), pangasius (both CA$37 million annually), and yellowfin tuna (both CA$6 million annually).
Yuan, accounting for 80% of the Canadian market share)
.
The representative of the Commercial Section of the Embassy of Vietnam in Canada emphasized that the Canadian market has many favorable features, such as no export quotas, and the aquatic products of Canada and Vietnam are highly complementary
.
.
In addition, products imported into Canada can easily enter the US market.
However, the trade volume between Canada and the US accounts for 75% of Canada’s total imports and exports
.
However, the trade volume between Canada and the US accounts for 75% of Canada’s total imports and exports
.
Despite the huge potential and leeway, Vietnamese aquatic products need to face huge competitive pressures with aquatic products from the United States, India, Thailand and China
.
Therefore, the Commercial Office of the Embassy of Vietnam in Canada suggests that Vietnamese companies interested in exporting products to the Canadian market need to research information and formulate specific strategies to approach this discerning but "loyal" market
.
(Finish)
.
Therefore, the Commercial Office of the Embassy of Vietnam in Canada suggests that Vietnamese companies interested in exporting products to the Canadian market need to research information and formulate specific strategies to approach this discerning but "loyal" market
.
(Finish)
