Containerized seafood exports are a major economic driver for Nova Scotia

According to a study from the Port of Halifax, Nova Scotia container exporters contributed over $1.9 billion to the province’s gross output.

Containerized cargo facilities and marine services at the Port of Halifax enabled Nova Scotia businesses in 2015 to export 76,993 twenty-foot equivalent unit (TEU) shipping containers into international markets through the container terminals.

On average, each container exported through the Port of Halifax is worth $25,000 to the Nova Scotia economy in terms of direct and spinoff economic benefits.

However, an export container filled with Nova Scotia seafood is worth an estimated $73,650 – three times that of a regular container – in direct and spinoff economic benefits to the economy of the province.

“The most remarkable statistic to come out of this economic impact report is the value of a seafood container,” said Karen Oldfield, President and CEO, Halifax Port Authority. “With exports taken as a whole, it is crystal clear how Nova Scotia exports are fundamental to the well-being of our province.”

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