The value of Norwegian seafood exports has never been higher

SalMar - fresh salmonPhoto: Gorm Kallestad / NTB
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The value of Norwegian seafood exports has never been higher in a single month than in August this year. Salmon, in particular, drives export. 

In August, Norway exported NOK 12.5 billion worth of seafood, an increase of 30% compared to August last year.

“The particularly high volumes and prices for salmon are the driver behind the export record in August. This is the best single month ever for salmon in terms of value. At the same time, there is an August record for pollock, trout, haddock, and the entire whitefish category,” acting CEO of Norway’s Seafood Council, Børge Grønbech, stated in a press release.

So far this year, the export value of Norwegian seafood has grown by NOK 21.2 billion, to a total value of NOK 94 billion, compared to the first eight months of 2021.

“At the same time, we are in a period of high inflation, lower purchasing power, challenging logistics, and increased production costs. In addition, a strengthening of the krone against the euro, as we have seen in August, is a challenging export factor,” Grønbech emphasized.

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

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