Norway seafood exports hit single-month record

By

SeafoodSource staff

Published on
November 6, 2013

The value of Norway seafood exports in October reached NOK 7.3 billion (USD 1.2 billion, EUR 906 million), up 32 percent from the same month last year and the highest single-month value ever, according to figures from the Norwegian Seafood Council.

Salmon exports accounted for NOK 4.2 billion (USD 705 million, EUR 521 million), the best value ever for Norway salmon exports in a single month and up 60 percent compared to October 2012. France, Poland and Russia were the biggest importers of Norwegian Salmon.

Exports of Norwegian fjord trout in October increased in value by 51 percent to a total of NOK 262 million (USD 44 million, EUR 32.5 million). The biggest importers of Norwegian Fjord Trout are Russia and Belarus.

Mackerel exports also increased in value by 33 percent to NOK 1.2 billion (USD 202 million, EUR 149 million). The most important markets for mackerel exports are Russia and China. However, value of Norway herring exports declined 9 percent to NOK 312 million (USD 52 million, EUR 38.7 million) for the month.

Exports of fresh Norway cod from fishery including fillets increased to NOK 38 million (USD 6.4 million, EUR 4.7 million). October exports of frozen cod were up to a total of NOK 185 million (USD 31 million, EUR 23 million).

“The strong seafood exports in October are primarily attributable to three circumstances,” says Egil Ove Sundheim, director of market information with the Norwegian Seafood Council. “Demand for Norwegian Salmon often outpaces production, which results in higher prices. Secondly, the aquaculture industry sold a larger volume of Norwegian Salmon in October than in the same month last year. And thirdly, exports of Mackerel from Norway to Asia increased in October.”

Want seafood news sent to your inbox?

You may unsubscribe from our mailing list at any time. Diversified Communications | 121 Free Street, Portland, ME 04101 | +1 207-842-5500