Norway exported seafood worth NoK 14.3 billion during April, that’s a 2% increase on the same period in 2024.
‘Despite the turmoil in world trade, the favourable trend for Norwegian seafood exports continued. Norway has never before exported seafood for a higher value in the month of April. The growth is due to increased export volumes and rising demand for Norwegian salmon in important markets such as the USA and China,’ said Norwegian Seafood Council CEO Christian Chramer.
So far this year, Norway has exported seafood worth NoK 58.5 billion – a 7.3% increase over the same period last year. Salmon accounted for 71% of April’s export value.
‘We are now seeing a shift in the flow of salmon from Europe to overseas markets such as Asia and the USA. Higher sea temperatures and fewer biological challenges meant that there was more superior quality salmon available in April than in the same month last year. This volume growth largely compensated for the falling salmon prices,’ Christian Chramer explained.
For the fourth consecutive month, the US saw the highest value growth. In total, Norway exported seafood worth NoK 1.4 billion to the US in April – a respectable 23% up on the same month last year.
‘April was characterised by a lot of noise and uncertainty related to the introduction of increased tariffs to the USA. It is too early to conclude what effect this will have on Norwegian seafood exports, but the Norwegian Seafood Council is following this issue closely, and it is expected that the market situation will receive a lot of attention.’
Seafood exports to China are also growing. In April, Norway exported seafood worth NoK 913.8 million to this market. This is an increase of 14% compared with the same month last year.
‘This is due to strong underlying growth in the Chinese salmon market and the fact that Norwegian salmon is both readily available and sold at competitive prices,’ he said.
