May 10, 2011

Norway's April seafood exports jump by 16%

The value of exports of Norwegian seafood in April totalled NOK4.2 billion (US$766 million), an increase of NOK587 million (US$107 million) or 16.3% compared to April 2010, according to the latest figures from the Norwegian Seafood Export Council (NSEC).

This year to date, the value of exports of Norwegian seafood have totalled NOK18 billion (US$ 3.3 billion), an increase of NOK2.2 billion (US$401 million) or 13.3% compared to the same period last year. This is an export record for the month of April and also for the January-April period.

"Exports of Norwegian seafood are setting new records because there is a market demand for more Norwegian seafood combined with higher prices. The growth we are seeing in Norwegian seafood exports is attributable primarily to exports of Norwegian salmon, although herring, mackerel, and clipfish products are also contributing to increased export levels," says Egil Ove Sundheim, director of market information with the NSEC.