2010 was another record year for Norwegian seafood exports. Both in terms of tonnage and in terms of value exports of seafood increased relative to 2009. The value of seafood exported increased by 20% reaching NOK53.8bn (EUR7bn) – a new record – for the seventh year running. The increase in volumes was 3.56% to 2.7m tonnes.

Exports of seafood from Norway amounted to 5.8% of the coutry’s total exports in 2009. Other major export categories included gas (26.8% of the total), mineral oil and its products (37.4%), and metals (4.5% excluding iron and steel). High prices for salmon and increased quotas for whitefish are the main drivers for the increase in the value of Norwegian seafood. Exports of salmon and trout reached a value of NOK33.1bn (an increase of 29% compared with 2009) and amount to over 60% of the total value of seafood exports. At the same time production of salmon also reached a new high as Norwegian farmers swooped to fill in the gaps caused by the fall in Chilean production. Click here to read the full article in the Eurofish Magazine.

Articles from the Eurofish Magazine