Sharp Fall in Value to the U.S. Contributed to Decline in Norwegian Seafood Exports in January

Norway exported seafood worth NOK 14.8 billion in January. This is a decrease of NOK 416 million, or 3 per cent, compared with the same month last year.

“Lower salmon prices, a weaker US dollar, reduced quotas for several wild fish species and tougher competition in important markets meant that Norwegian seafood exports fell in January,” says Christian Chramer, CEO of the Norwegian Seafood Council.

In January last year, the USA was our largest single market. One year later, the value of exports has fallen by 37 per cent, and the country has been overtaken by Poland, the Netherlands and China on the list of Norway’s largest single markets.

To read more, please visit Norwegian Seafood Council.