China remains Norway’s most important export destination for seafood

Published Nov 13, 2023

Tridge summary

Norwegian seafood exports are expected to reach NOK 150 billion in 2022, making it the second largest export commodity in the country. China is the largest market for Norwegian seafood in Asia, with salmon being the main product of interest. The Norwegian Seafood Board aims to introduce healthier and more nutritious seafood options to Chinese consumers in alignment with China's "Healthy China 2030" initiative.

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

Original content

According to news from SeafoodMedia on November 9, Norwegian seafood exports in 2022 will be worth NOK 150 billion (approximately US$13.7 billion), making it the second largest export commodity after local oil and natural gas. It employs more than 100,000 people, accounting for 2% of the country's population. The Norwegian Seafood Agency stated that many Chinese companies and consumers have a strong interest in Norwegian seafood, such as salmon, Arctic cod, cold water prawns, red king crab, etc. China is the largest market for Norwegian seafood in Asia, and the market share of salmon and other products continues to expand. In the first three quarters of 2023, China imported 31,400 tons of salmon from Norway, worth NOK 4.19 billion (approximately US$381.3 million), year-on-year Increases of 63% and 89% respectively. In addition to salmon, Norway also exports large quantities of Arctic cod, mackerel, shellfish and other seafood to China. The total export volume in the ...

Source: Foodmate