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U.S. lobster exports to China rebounded in 2020 Maine s lobster industry sees the boost as a positive sign in a year of declining international trade caused primarily by the coronavirus pandemic. Share Mike Marceau, vice president of The Lobster Co. in Arundel, demonstrates the packing process on Friday with 4- to 6-pound lobsters from Canada. Ben McCanna/Staff Photographer While the coronavirus pandemic tanked U.S. lobster exports overall in 2020, international trade data suggests the industry’s once-thriving U.S.-to-China trade pipeline may be making a comeback. International sales of U.S. lobster fell by 22 percent last year, from $548.4 million in 2019 to $426.9 million in 2020. The market saw declines in sales to each of the country’s top 10 international buyers, with the notable exception of China, which bought more than $127 million of U.S. lobster, or a roughly 49 percent increase over 2019, according to the U.S. Census Bureau. ....
U.S. lobster exports to China rebounded in 2020 centralmaine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from centralmaine.com Daily Mail and Mail on Sunday newspapers.
Chinese New Year is one of the busiest parts of the calendar for America s lobster shippers, who export millions of dollars worth of the crustaceans. ....
US lobster industry braces for Chinese New Year impacted by COVID-19 Toggle share menu Advertisement US lobster industry braces for Chinese New Year impacted by COVID-19 America sent more than US$140 million in lobsters to China in 2017 and 2018, but exports fell to about US$51 million in 2019 because of heavy tariffs imposed during the trade war. (Photo: AP) 08 Feb 2021 09:13PM Share this content Bookmark PORTLAND, Maine: America s lobster exporters recovered from the Trump-era trade war with China to have a good 2020. But the industry is approaching one of the most critical times of the year with trepidation because of the coronavirus. ....