Compared to 2020, Norway’s seafood exports have increased by 7.9 billion kroner so far this year

Shrimp - seafoodPhoto: Gorm Kallestad / NTB
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So far this year, Norway has exported seafood worth NOK 84.7 billion, which corresponds to a growth of 10% compared with the same period last year.

“This is the strongest quarterly result of all time, and now everything indicates that 2021 will be a record year for Norwegian seafood exports,” Norwegian Seafood Council chief Renate Larsen stated in a press release.

In the third quarter, exports amounted to NOK 31 billion, an increase of 33% compared with the previous quarter.

Larsen pointed out that a gradual reopening of the markets has boosted demand for Norwegian seafood and contributed to growth in the third quarter.

The current export record was set in 2019 when exports amounted to NOK 107.2 billion. In the first nine months of 2021, Norway exported NOK 8.6 billion more seafood than in the first nine months in the record year.

“Satisfied”

“It is gratifying that Norwegian seafood exports continue to register a good development and that the value growth is spread over a number of species and products,” Minister of Fisheries Odd Emil Ingebrigtsen (H) stated.

He says he is pleased that the seafood industry has recovered from the corona crisis.

“The conditions should be conducive to further growth in exports, and I wish this entire fantastic industry good luck in the future,” Ingebrigtsen noted.

Growth in Asia

Salmon and mackerel are among the individual species that have contributed most to the growth this year. Still, king crab and snow crab have also set records, according to the Norwegian Seafood Council.

“When it comes to markets, the greatest growth in exports is related to Asia, where countries such as China, South Korea, and Thailand have really opened up to Norwegian seafood. 

“In addition, we see a very pleasant development related to the USA and Italy,” Larsen added.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance

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