There are significant opportunities to increase Canadian fishery exports to China should NAFTA be terminated, according to the Nova Scotia Fisheries Ministry. A broad trade deal seems unlikely in the near term, though specific side-deals shouldn’t be ruled out. The Nova Scotians see jellyfish as being a particular area of interest, though Panjiva data shows Chinese imports in the past 12 months were just $3 million. The broad market for Chinese imports of fish and related products reached $2.1 billion in the third quarter alone, with Canada holding a 12% market share. The main competitor...
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