The Canadian lobster industry is facing a significant challenge due to increased tariffs, leading to a loss in market share in China. This decline is expected to be compensated by countries such as the United States, Vietnam, Australia, and New Zealand. Among these, Vietnamese lobsters have seen a remarkable 9-fold increase in exports to China, largely due to lower prices, trade agreements, and geographical advantages. The lifting of the trade ban on Australian lobsters by China marks a recovery in their exports to China, potentially positioning them to challenge Vietnamese lobsters in the high-end market. The future of China's lobster market is leaning towards Asia-Pacific suppliers, with Vietnam and Australia becoming the primary suppliers if North American countries do not find a solution to tariff policies.