Key Market Indicators
The Canadian seafood export industry is projected to reach approximately $5.75 billion by 2028, up from around $5.29 billion in 2023. This signifies an average annual growth rate of 1.3%. Since the year 2000, Canadian seafood supply has increased by an average of 1.7% annually. In the 2023 rankings, Canada secured the third spot, with India surpassing it at roughly $5.29 billion. India, Canada, and Denmark ranked second, third, and fourth respectively in the global seafood export standings for 2023.