Norway’s frozen cod exports to China drop by 52%

The UK last year became the largest single market for Norwegian frozen cod exports by value, for the first time since 2010, according to the 2023 year-end data release from the Norwegian Seafood Agency. The change was mainly due to a sharp drop in exports of frozen cod to China. , the quantity of Norwegian frozen cod exported to China in 2023 dropped by 52% year-on-year. ​ Since 2011, China has been Norway’s largest single export market for this product. Due to the impact of the Russia-Ukraine war, the global seafood trade pattern has changed in 2023. ​ As a result, exports of frozen cod to China fell by 52% to 14,200 tonnes. In the UK, by contrast, the government imposed a 35% tariff on all direct imports of Russian whitefish, relying on Norwegian supplies The increase caused export volume to increase by 10% to 13,700 tons. ​ In terms of value, the value of Norway’s frozen cod exports to the UK reached NOK 960 million, which is the highest export figure in history. It also ...