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) The year 2025 marked a pivotal milestone for Vietnam’s seafood industry in its restructuring process toward sustainability, transparency, and higher value creation, amid continued uncertainties in the global economic and trade environment. Prolonged inflation in major economies, the rising trend of trade protectionism, and increasingly stringent requirements related to environmental standards, traceability, and social responsibility have posed significant challenges to seafood production and exports. Nevertheless, overcoming these pressures, Vietnam’s seafood sector has gradually demonstrated its adaptability, maintained growth momentum, and laid an important foundation for the next stage of development.
(seafood.vasep.com.vn) Amid the increasingly evident impacts of drought and saltwater intrusion, the shrimp-rice production model in Ca Mau province continues to prove itself as a viable direction, contributing to higher farmer incomes, improved soil conditions and the promotion of ecological and sustainable agricultural development.
(seafood.vasep.com.vn) The management of fishing vessels, monitoring of fishing activities, and handling of violations in the fisheries sector in Lam Dong province have continued to be implemented in a synchronized and stringent manner, contributing to raising awareness of legal compliance among fishermen and aiming to end illegal, unreported and unregulated (IUU) fishing.
(seafood.vasep.com.vn) Can Tho’s fishery industry sustained steady growth in 2025 with total aquatic and marine output reaching nearly 783,000 tons, fulfilling 100% of the annual target. Aquaculture, capture fisheries and fishing fleet management were further strengthened, aiming for sustainable development in the coming years.
(seafood.vasep.com.vn) In 2025, Vietnam’s pangasius export turnover reached nearly USD 2.2 billion, up 8% year-on-year. This result indicates that pangasius exports maintained their growth momentum despite significant volatility in the global market environment. In December 2025, pangasius export value reached USD 200 million, up 10% compared to December 2024. This solid performance in the final month of the year reflects increased import demand for consumption and inventory replenishment in key markets.
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain experienced significant fluctuations. According to Vietnam Customs, during the first 11 months of 2025, export turnover for the first 11 months of the year edged up by 0.3% year-on-year, reaching nearly $15 million.
(seafood.vasep.com.vn) Deputy Prime Minister Bui Thanh Son has signed Decision No. 16/QD-TTg, dated January 5, 2026, approving the implementation plan for the Vietnam-Israel Free Trade Agreement (VIFTA). Under the plan, in the coming period, ministries, ministerial-level agencies, government-affiliated entities and People’s Committees of provinces and centrally-run cities must institutionalize and execute tasks focused on the dissemination of information regarding VIFTA and the Israeli market; legislative and institutional development, as well as enhancing competitiveness and human resource growth...
(seafood.vasep.com.vn) Beyond achieving double-digit growth, Vietnam’s fish cake and surimi exports are showing a notable year-end "inflection point": the EU his accelerating with nearly twofold growth, China & Hong Kong are rising sharply, while the largest market, South Korea, signaled a slowdown in November. According to Vietnam Customs data, export turnover of fish cake and surimi reached $327 million in the first 11 months of 2025, up 22% year-on-year; November 2025 alone accounted for $35 million, marking a 5% increase. This serves as a critical foundation for exporters to reassess market structures and competitive intensity while finalizing order strategies for 2026.
(seafood.vasep.com.vn) Ca Mau, widely regarded as the nation’s “shrimp capital”, continued its strong performance in 2025 as shrimp output reached nearly 600,000 tons, maintaining its position as Vietnam’s leading shrimp-producing locality.
(seafood.vasep.com.vn) On December 29, 2025, at the 2025 Pangasius Industry Review Conference held in Can Tho City, the Vietnam Pangasius Association announced that fingerling prices have surged to record levels due to acute supply shortages.
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