Norway_mapCapital: Oslo
Population: 5.2 million (2013 est.)
GDP: € 378 billion (2014 est.)
GDP/capita: € 64,740 (2014 est.)

Fish production:
Capture: 2,319,290 tonnes live weight (2014, Statistics Norway)
   Aquaculture: 1,332,497 tonnes live weight (2014, Statistics Norway)
   Export value: € 7.6 billion (2014, Statistics Norway)
   Import value: € 403 million (2014, Statistics Norway)

Overview of the Norwegian fisheries and aquaculture sector (Currently under review)

Fishing sector
The Norwegian coast is 21 000 km long and the prospect for expanding fisheries and marine aquaculture in the country is huge. Norway has 90 000 km2 of sea within the baseline, which corresponds to approximately 1/3 of the total land area. In 2013, the total catch amounted to nearly 2.24 million tonnes (42 000 tonnes less compared to 2012). The main species fished are herring (507 119 tonnes), cod (471 607 tones), blue whiting (196 246 tonnes), mackerel (164 612 tonnes) and capelin (156 340 tonnes).  Fisheries make up 31% of total exports or NOK 18.7 billion.

Norway is the world’s leading producer of Atlantic salmon and the second largest seafood exporter in the world. The Norwegian aquaculture industry has developed to become an industry of major importance in the country. Norway’s long coastline surrounded by cold seawater provides excellent conditions for aquaculture activities. Commercial salmon farming started to develop in the 1970s, and at present, farming of Atlantic salmon and Norwegian sea trout is taking place from south to north. There are approximately 5 990 people employed in aquaculture production, and in addition, thousands of jobs are created in the supply industry, transportation and commerce. Totally, it is estimated that around 21 00 people are involved in the jobs related to the aquaculture sector.
Almost all Norwegian aquaculture production is based on Atlantic salmon and sea trout. In 2013, Norwegian production of salmon and trout was nearly 1 238 554 tonnes, of which 1 165 954 tonnes of the production was salmon and 72 497 tonnes was trout. Production of Atlantic salmon has been growing continuously in the past several decades and has doubled since 2005. In addition, Norwegian fish farmers produce some 10 000 tonnes of cod, 2 000 tonnes of shellfish as well as smaller volumes of other species.

The long-term growth and development of the sector depends on an environmentally sustainable aquaculture industry, minimising risks to the marine environment and biological diversity. .

The year 2013 showed a strong growth of the Norwegian seafood value and a new export record was set reaching NOK 61 billion, which is 17% higher or NOK 8.9 billion more than in 2012. In terms of volume Norway exported 2.3 million tonnes in 2013, a 9% or 221 000 tonnes decline. Strong demand for Norwegian salmon on the global market and high prices were the reasons for the value growth in 2013. Nearly 70% of the seafood export value is represented by farmed fish species and predominantly Atlantic salmon and Norwegian sea trout amounting to NOK 42,3 billion. In 2013, exports of Atlantic salmon and sea trout totalled NOK 42.2 billion increasing by 35% compared to 2012. Exports of cod reached NOK 10.4 billion (-0.9%), while pelagics decreased to NOK 6.5 billion (-18%) and shrimps and shellfish to NOK 0.47 billion (-42%).

At present, Norway exports seafood to 140 countries in the world, of which Russia is the most important market. In 2013, the value of Norwegian seafood exports to Russia reached NOK 6.6 billion, up 10% compared to the previous year. In terms of growth, Russia is the fourth largest market for fish and seafood from Norway after Poland, France and Denmark. France is the second largest market for Norwegian seafood with a value of NOK 5.9 billion, a 20% increase compared to 2012.  
The European Union is the most important market for Norwegian fish and seafood. In 2013, 59% of all fish and seafood exported from Norway were directed to the EU market, making Norway the leading supplier of fish and seafood to European consumers.  In value terms, Norway exported fish and seafood for NOK 36.1 billion to the EU market in 2013, up 20% compared to 2012. The second largest market place for Norwegian seafood was Asia with NOK 9.8 billion, a 24% increase , followed by Eastern Europe with NOK 9.5 billion,  an increase of 10%.

Useful Links for Norway

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