Norway's seafood exports worth NOK 151.4 billion in 2022

Christian Fernsby ▼ | January 4, 2023

2022 was the best year ever for Norwegian seafood exports.

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Norway exported 2.9 million tonnes of seafood to a value of NOK 151.4 billion last year. It is a record for export value and corresponds to 40 million meals every day - all year round.

The value of seafood exports has increased by NOK 30.7 billion, or 25 per cent, compared with the record year 2021.

The export record comes despite lower export volumes for several species, such as salmon, herring, mackerel, cod, king crab, and snow crab.

There were many milestones in Norwegian seafood exports in 2022. For the first time, Norway exported more than NOK 10 billion worth of seafood in each of the twelve months of the year. In addition, salmon exports exceeded NOK 100 billion. It has never happened before.

Also, in 2022, salmon accounted for the largest share of Norwegian seafood exports, with 70 per cent of the total value. Followed by cod (8 per cent), mackerel (4 per cent), trout (3 per cent), herring (3 per cent) and shellfish (1 per cent).

Norwegian seafood exports have seen strong value growth in recent years. In 2015, Norway exported NOK 74 billion worth of seafood. In seven years, the value has thus doubled. Christian Chramer nevertheless emphasizes that Norway cannot take further export growth for granted in the future.

The largest markets for Norwegian seafood exports in 2022 were Poland, Denmark and the USA.

The USA had the most significant increase in value last year, with an export value of NOK 3,697 million, or 46 per cent, compared to the previous year.

The export volume to the USA ended at 114,510 tonnes, which is 15 per cent higher than the previous year.

Here are the biggest markets by value in 2022

Poland: NOK 15.5 billion (+24%)

Denmark: NOK 12.6 billion (+22%)

USA: NOK 11.7 billion (+46%)

France: NOK 10.6 billion (+29%)

The Netherlands: NOK 9.4 billion (+34%)

United Kingdom: NOK 7.8 billion (+27%)

Spain: NOK 7.3 billion (+21%)

China: NOK 7.3 billion (+45%)

Italy: NOK 6.6 billion (+30%)

Portugal: NOK 4.9 billion (+38%)

Compared to 2021

These were the largest species in

022 Salmon: NOK 105.8 billion (+30%)

Cod: NOK 12.2 billion (+25%)

Mackerel: NOK 6.3 billion (+7%)

Trout: NOK 5 billion (+24%)

Herring: NOK 3.9 billion (-9%)

Saithe: NOK 3.6 billion (+44%). ■

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Norway's seafood exports worth NOK 151.4 billion in 2022

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