king crabNorway exported 259t of king crab worth NOK79m in October. Photo: Norwegian Seafood Council

The Norwegian Seafood Council has reported the third highest export value for a single month in history.

In October, seafood exports were worth NO10.4bn. This is a decrease in value of 5%, or NOK573m, compared with October last year, however, seafood exports have only been higher in two single months previously, and that was in October and November of 2019. So far this year, the value of seafood exports has reached NOK87.2bn. This is at the same level as the record set last year.

“The corona crisis is still affecting both Norway and the rest of the world. Nevertheless, we see that seafood exports almost equal the value from October last year, which was the highest export month ever, “ said Tom-Jørgen Gangsø, director of Market Insight and Market Access at the Norwegian Seafood Council.

Poland, Denmark and France were the largest markets for Norwegian seafood in October.

Record salmon export

120,000t of salmon were exported with a value of NOK6.5bn in October.  Export volumes rose by 4%. The value fell by NOK124m, or 2%, compared with October last year. Poland, Denmark and France were the largest markets for Norwegian salmon in October.

7,100t of trout worth NOK371m were exported in October. Export volume increased by 6%. Value remains at the same level as 2019. Belarus, Japan and Ukraine were the largest markets for Norwegian trout in October

Norway exported 1,900t of fresh cod, including fillets, worth NOK86m in October. Export volume fell by 8%. The value fell by NOK25m, or 22%, compared with October last year. Denmark, Sweden and Germany were the largest markets for fresh cod from Norway in October.

Herring downward trend

Norway exported 25,300t of herring worth NOK358m in October. There has been a decrease in volume of 43%. The value fell by NOK27m, or 7%, compared with October last year. Poland, Germany and Egypt were the largest markets for Norwegian herring in October.

There was a sharp decline in exports of whole frozen herring in October, especially to Eastern Europe and West Africa. However, there has been increasing exports of herring fillet products, especially to Germany and Poland. Herring roe has also seen strong growth in 2020.

Crab surge

Norway exported 259t of king crab worth NOK79m in October. There is an increase in volume of 61%. The value increased by NOK29m, or 58%, compared with October last year. The US, Japan and South Korea were the largest markets for Norwegian king crab in October.

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