Norway exported seafood worth NOK 106 billion in 2020

Salmon freshFresh salmon. Photo: Caroline Attwood / Unsplash
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Last year, Norway’s seafood companies exported 2.7 million tonnes of seafood worth NOK 105.7 billion, the second-highest export amount registered in the country.

In total, the export volume increased by 2%. 

On the other hand, the value of seafood was reduced by 1%, or NOK 1.5 billion, compared with the record year 2019, the Norwegian Seafood Council stated.

“Even though 2020 was a different year, large parts of the seafood export industry have managed to defy the biggest challenges in the wake of the corona pandemic,” CEO Renate Larsen of the Norwegian Seafood Council noted.

The Seafood Council points to five reasons why 2020 was the second-best year ever for Norwegian seafood exports:

  • A weakened Norwegian krone
  • Restructuring in the seafood industry
  • Growth in individual species such as mackerel and herring
  • High export value for salmon
  • The global demand for Norwegian seafood

“I am glad that seafood exports crossed the milestone of NOK 100 billion in export value once again. 

“The first time we managed to do this was in 2019, and to repeat that in the corona year of 2020 is fantastic,” Minister of Fisheries and Seafood Odd Emil Ingebrigtsen (H) said in the press release.

© NTB Scanpix / #Norway Today

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