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Photo: Norwegian Seafood Council

Weak Norwegian krone triggers strong value growth for November seafood exports

Norway exported seafood worth NOK 16.7 billion in November. This is an increase of NOK 2.4 billion, or 17 per cent, compared to the same month last year.
“On 13 November, seafood exports surpassed the 2022 full-year export total of NOK 151.4 billion. This year, we expect the value of Norwegian seafood exports will exceed NOK 170 billion, for which we can largely thank the weak Norwegian krone”,

Photo: Johan Kvalheim, Norwegian Seafood Council

Another strong quarter for Norwegian seafood exports, but a decline in value measured in euros

Norway exported NOK 42.1 billion worth of seafood in the third quarter. This is an increase of NOK 3.7 billion, or 10 per cent, compared to last year.
”In terms of value, Norwegian seafood exports are still doing well. Salmon, trout, cod and pollack have had a historically strong third quarter behind them. However, it is still the weak Norwegian krone that is the most important driver of value

Photo: Norwegian Seafood Council

Currency effects, value growth and volume decline for Norwegian seafood exports in February

Norway exported seafood worth NOK 12.8 billion in February. This is an increase of NOK 1.6 billion, or 14 per cent, from last year's same month.
“Despite war and unrest in several parts of the world, Norwegian seafood exports have enjoyed a good start to the year in value, driven by high price growth and a weak Norwegian krone. However, export volume has fallen six months in a row, and we must

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Proudly representing Seafood from Norway

The Norwegian Seafood Council works with the Norwegian fisheries and aquaculture industries to develop markets for Norwegian seafood through local market intelligence, market development and reputational risk management. The Seafood Council is headquartered in Tromsø and maintains local representatives in twelve of Norway's most important international markets. The Norwegian seafood industry finances the activities of the Norwegian Seafood Council via a tariff on all Norwegian seafood exports. The Norwegian Seafood Council is a public company owned by the Ministry of Trade, Industry and Fisheries.

Norwegian Seafood Council
Stortorget 1
9008 Tromsø
Norway