ANALYSIS: Canadian Lobster Exports Recover in February After Weak Start to the Year
Last week, Statistics Canada published February trade data showing Canadian exports of Homarus americanus totaled 3,915 metric tonnes. This was up 2.1% month‑on‑month and 43.3% year‑on‑year, supported by elevated live‑lobster shipments to China for the Lunar New Year in mid‑February.
Despite February’s strength, cumulative exports for January–February are down 4.1% year‑on‑year, a shortfall concentrated in January: volumes that month were 28.4% below the previous year and 39.2% below the five‑year average. Part of January 2025’s strength...
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