Norway exported farmed and wild-caught seafood worth NOK 7.1 billion (USD 855.6 million, EUR 767.6 million) last month, an increase of 32 percent or NOK 1.7 billion (USD 204.9 million, EUR 183.8 million) compared with August 2015. For the year to date, the Scandinavian country’s exports have totaled NOK 56.3 billion (USD 6.8 billion, EUR 6.1 billion), representing an increase of 25 percent or NOK 11.2 billion (USD 1.3 billion, EUR 1.2 billion), compared to the first eight months of last year.
According to new figures published by the Norwegian Seafood Council (NSC), Norway exported NOK 5.3 billion (USD 638.7 million, EUR 573 million) worth of farmed salmon last month, which was 42 percent or NOK 1.6 billion (USD 192.9 million, EUR 173 million) more than a year previously. So far this year, its salmon exports have totaled NOK 37.8 billion (USD 4.6 billion, EUR 4.1 billion), an increase of 29 percent or NOK 8.5 billion (USD 1 billion, EUR 919 million) year-on-year.
The average export price for whole fresh salmon last month was NOK 58.24 (USD 7.02, EUR 6.30) per kg, compared with NOK 43.30 (USD 5.22, EUR 4.68) per kg in August 2015.
Poland and France were the biggest buyers of Norwegian salmon in August.
The country’s trout exports totaled NOK 355 million (USD 42.8 million, EUR 38.4 million) last month, an increase of 102 percent or NOK 179 million (USD 21.6 million, EUR 19.4 million) from August 2015.
For the year-to-date, Norway’s trout exports have amounted to NOK 2.6 billion (USD 313.4 million, EUR 281.1 million), an increase of 97 percent or NOK 1.3 billion (USD 156.7 million, EUR 140.6 million) year-on-year.
Belarus and Japan were the leading markets for Norwegian trout last month.
Also demonstrating strong growth, Norway’s fresh cod exports totaled NOK 69 million (USD 8.3 million, EUR 7.5 million) last month, an increase of 7 percent or NOK 4 million (USD 482,222, EUR 432,479) compared to August 2015. So far this year, exports of fresh cod, including fillets, have totaled NOK 1.8 billion (USD 217 million, EUR 194.6 million), up 13 percent or NOK 197 million (USD 23.8 million, EUR 21.3 million) from the same eight-month period in 2015.
Norway also exported frozen cod products worth NOK 161 million (USD 19.4 million, EUR 17.4 million) last month, an increase of 31 percent or NOK 38 million (USD 4.6 million, EUR 4.1 million) from August 2015. For the year to date, this trade was worth NOK 1.6 billion (USD 192.9 million, EUR 173 million), an increase of 35 percent or NOK 425 million (USD 51.2 million, EUR 45.9 million) from the same period of last year.
While there were steep declines in Norway’s pelagic exports last month, with herring and mackerel achieving totals of NOK 147 million (USD 17.7 million, EUR 15.9 million) and NOK 60 million (USD 7.2 million, EUR 6.5 million) respectively, down 12 percent and 30 percent, both species have demonstrated strong growth in 2016.
In the first eight months of the year, the herring trade totaled NOK 1.8 billion – up 40 percent or NOK 517 million (USD 62.3 million, EUR 55.9 million) year-on-year, and mackerel exports totaled NOK 1.3 billion (USD 156.7 million, EUR 140.6 million) – up 18 percent or NOK 197 million (USD 23.8 million, EUR 21.3 million).
Germany and Poland were the largest markets for herring in August, while South Korea and Japan have been the most important markets for mackerel in 2016, said NSC.