Norway’s Seafood Exports Reach NOK14bn in May

In May, Norway’s largest and most important market for seafood exports, the EU, saw value growth of 5%, with salmon still the largest and most important species.

This is also where the three countries with the highest growth in May are located: Spain(+19%), Portugal (+22%), Netherlands (+15%).

So far this year, Norway has exported seafood worth NOK 68.5 billion. This is NOK 1.2 billion, or 2 per cent, higher than in the same period last year.

“In May, there was growth in volume for the first time this year. This contributed greatly to the export value of salmon exceeding NOK 10 billion last month,” explained Christian Chramer, CEO of the Norwegian Seafood Council.

May was also a historic month for trout. Never has the value of this fish been higher in a single month. “Although trout accounted for only 5% of the total value of farmed salmonids in May, there was strong growth. This is an important contribution to the further development of this category, and it will be exciting to follow the development of trout throughout the year,” said Chramer.

For other species, cod stood out with a significantly lower export volume for both fresh and frozen cod.

Find out more at: https://en.seafood.no/