The growth trend continues for Norwegian seafood exports in May

Published 2021년 6월 3일

Tridge summary

In May, Norway's seafood exports experienced a 6% increase compared to the same period last year, totaling NOK 8.3 billion, with May being the third-best on record. This growth is led by salmon, snow crab, and king crab exports, which have seen significant increases of 6%, 581%, and 193% respectively. Despite challenges, there is cautious optimism for further growth as restaurants reopen and more people eat seafood at home. However, the value of salmon exports was reduced by approximately 10% due to the strengthening Norwegian krone. Other seafood such as trout, fresh cod, clipfish, salted fish, stockfish, herring, mackerel, capelin, prawn, and snow crab also contributed to the overall growth.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Norway exported seafood worth NOK 8.3 billion in May, an increase of NOK 484 million, or 6 per cent, compared with May 2020. This continues the seafood export growth trend from April. "Measured in value, this year's May is the third-best May of all time for Norwegian seafood exports. Salmon exports have continued to grow from April, at the same time as we have experienced a marked increase in exports of snow crab and king crab to the USA and Asia. Although there are still some challenges, there is reason to be cautiously optimistic on behalf of seafood exports", says Renate Larsen, CEO of the Norwegian Seafood Council. So far this year, seafood exports have totalled NOK 44.7 billion, which is 0.3 per cent higher than the same period last year. An important industry for Norway"Of Norway's largest export industries, seafood has performed best. This industry creates very significant value for Norway, which means a lot for settlement and growth along the coast and in the districts. ...
Source: Seafood

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