A surge in the amount of salmon Norway is shipping to the U.S. has a law firm representing the salmon industry keeping a close eye on whether the country’s exports could be considered “dumping,” which would lead to federal trade action and additional duties on Norwegian salmon.
The latest trade data released by the Norwegian Seafood Council (NSC) indicates Norway’s salmon exports to the U.S. have surged in 2025.
According to a recent NSC report, Norway’s exports to the U.S. increased 63 percent by volume in May 2025 compared to the same month a year prior. That same report also said the U.S. has been the largest growth market in terms of value for Norwegian salmon for five months straight, and so far in 2025, the country has exported 36,000 metric tons (MT) of salmon to the country – an increase of 56 percent by volume.
That increase in volume is coming as Norwegian salmon prices are dropping. NSC Seafood Analyst Paul Aandahl said in the council’s report that there has been a “record-breaking weakening of the salmon price” so far in 2025, and according to the NSC, the average price for 1 kilogram of salmon in May 2025 fell by NOK 40.88 (USD 4.06, EUR 3.55) compared to May 2024, the largest year-over-year drop ever recorded.
Those low prices are corroborated by the Sitagri salmon index, which reflects weekly spot prices for fresh Atlantic salmon transported from Norway to Europe. According to the index’s latest report on pricing in week 22 of 2025, the price has dropped nearly 23 percent over the last 12 weeks.
The high volumes of salmon coming into the U.S. as prices continue to drop has caught the attention of law firm Kelley Drye & Warren, which covers international trade in the U.S. The firm is analyzing whether the surge could constitute “dumping” of the product – which would make Norwegian exports a target for antidumping duties.
“With everything that is going on right now, we are watching with great concern the ...