Norwegian seafood exports to Ukraine, Russia, and the Eurasian Economic Union

Published 2022년 3월 2일

Tridge summary

The Norwegian Seafood Council provides an overview of Norwegian seafood exports to Ukraine, Russia, and the Eurasian Economic Union (EEU), including Belarus, in 2021. Ukraine received 1.8% of the total export value with an export value of NOK 2.2 billion, mainly consisting of salmon, trout, herring, and mackerel. Russia received 0.2% of the total export value with an export value of NOK 248 million, mainly live salmonids, feed, and ingredients for feed. The EEU, including Russia, accounted for 1.7% of the total export value with an export value of NOK 2 billion. Belarus received 0.9% of the total export value with an export value of NOK 1.14 billion, mainly trout, herring, and salmon. Air freight to Asia accounted for 12% of Norwegian seafood exports with a value of NOK 14.5 billion in 2021. The situation in Ukraine is escalating, leading to a stop in seafood exports to the country, and the closure of airspace affecting air freight to Asia. The potential impact of international sanctions and countersanctions on Norwegian seafood exports to the EEU is also anticipated.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In connection with Russia's invasion of Ukraine, the Norwegian Seafood Council has received a number of inquiries about the consequences for Norwegian seafood exports to these countries. Here is a summary of key facts and figures. Share of Norwegian seafood exports Ukraine accounts for 1.8% of the total export value of Norwegian seafood. Norway exported seafood worth NOK 2.2 billion to Ukraine in 2021. Salmon, trout, herring and mackerel are the main exports to Ukraine. Russia accounts for 0.2% of the total export value of Norwegian seafood. Norway exported seafood worth NOK 248 million to Russia in 2021. Exports to Russia consist mainly of live salmonids (smolt for farming), feed and ingredients for feed. The Eurasian Economic Union (EU), including Russia, accounts for a total of 1.7% of the total export value of Norwegian seafood. Norway exported seafood worth NOK 2 billion in 2021. The Eurasian Economic Union consists of Russia, Belarus, Kazakhstan, Kyrgyzstan and Armenia. ...

Source: Seafood