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Starting in the second half of 2020, China gradually increased imports of The Boston lobster in the United States, reaching 1,440 tons in December, almost equal to Canada's (1,500 tons), with imports exceeding $31.2 million, about the same as Canada's ($32.8 million).
growth of lobster imports from Boston is an important achievement of China's implementation of the "China-U.S. First Phase Trade Agreement".
On February 18 last year, the Customs and Tariff Commission of the State Council of China announced that Chinese enterprises that intend to enter into procurement contracts with the United States to import related goods can apply for a one-year 301-measure counter-tariff relief and accept the application from March 2.
, dozens of tax-purpose products, including Boston lobster, and U.S. soybeans are items that can be excluded from the application, according to a list released by the tax commission.
this policy, the import tax rate for Boston lobsters in the United States is the same as the most-favoured-nation rate (7%), while during the Sino-American trade war, Boston lobsters in the United States were tariffd by 35%.
affected by the trade war, China imported only 501 tons of lobster from the United States in 2019 (6,500 tons in 2017) and 21,300 tons of lobster from Canada.
is good news for Maine's lobster industry.
2020, China imported 22,800 tonnes of Boston lobster, including the US and Canada, up 5 per cent from a year earlier, but imports fell 5 per cent to $449m.