In value alone, these exports compared with $9.5 billion from Norway, $4.5 billion from Russia, $4.2 billion from Vietnam, $3.9 billion from Chile, and $3.7 billion from Canada, said seafood economist Andy Wink of Juneau's McDowell group.
The total 5.5 billion pounds of seafood harvested in Alaska in 2012 accounted for 56 percent of all domestic commercial fisheries production, Wink told participants at the ComFish 2014 meeting in Kodiak. The bulk of that harvest, 53 percent, was Alaska pollock, with another 30 percent being Pacific cod and other groundfish.
Salmon comprised 12 percent, followed by crab (2 percent), herring (2 percent), and halibut and black cod (1 percent), Wink said, in his presentation on Alaska seafood economics and market trends.
Based on ex-vessel value alone, McDowell Group estimated the breakdown was salmon, 29 percent; Alaska pollock, 25 percent; Pacific cod and other groundfish, 16 percent; crab, 16 percent; halibut and black cod, 13 percent, and herring, 1 percent, based on data provided by federal and state fisheries agencies.
The economic impact on Alaska included the creation of jobs for an estimated 40,000 residents, including employment of one in every four residents of Western Alaska at some point in the year. Adding the multiplier effects, a total of 77,400 jobs for workers were created, the commercial seafood industry directly accounted for 7 percent of all resident income in the private sector, and backhaul lowered freight rates by as much as 10 percent, Wink said.
On a national scale, the Alaska seafood industry created jobs for an estimated 165,800 Americans, with an economic output of $15.7 billion, including $6.4 billion in labor income.
Looking ahead to the fast approaching fishing season, Wink said some key issues for the short term for salmon include increasing sales of the large canned pink salmon inventory, while retaining the value of canned red salmon. Demand for keta salmon, meanwhile, has been improving, he said. Long-term issues include differentiation of domestic and export markets and shifts in product form.
For the Alaska pollock market, key issues will include MSC certification of Russian pollock, the future of the Japanese pollock roe market and the stagnant overall value, Wink said.
Demand for Pacific cod is improving, but there is still a large supply on hand and the Brazilian Bacalao (salt cod) market is getting more competitive, he said.
For Alaska shellfish markets, the McDowell Group report noted that the outlook for Russia's illegal, unreported and unregulated harvest is down for 2014, but that Russian king crab total allowable catches are up, and there is a new Russian snow crab fishery. Another issue is the impact of weaker Japanese yen.
Looking further into the future, challenges will include continuing to develop markets, and new products, and boosting prices for about 80 percent of the seafood, which has a wholesale value of less than a dollar a pound, he said.
McDowell Group also produced a lengthy report on the economic value of Alaska's Seafood Industry for the Alaska Seafood Marketing Institute in July 2013.
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
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