In August, the United States was no longer Norway's largest single market.
Published 2025년 9월 8일
Tridge summary
According to the latest data from the Norwegian Seafood Council (NSC), in August, Norway exported 145,446 tons of Atlantic salmon, a 17% increase year-on-year; the export value was approximately 10.6 billion Norwegian kroner (1.06 billion USD), a 1% decrease year-on-year.
NSC CEO Christian Chramer stated: "For our largest export product—fresh whole salmon—the export price has reached a new low since September 2022."
In August, Norway exported 9,343 tons of salmon to China, a 114% increase year-on-year, with an export value of 349 million Norwegian kroner, an 84% increase year-on-year. Currently, China is Norway's fourth-largest export market, and during periods of market volatility, Norwegian salmon has an absolute dominant position in the Chinese market. In the US market, the price of Norwegian fresh whole salmon fell by 51% year-on-year, and the export volume decreased by 15% year-on-year. The 15% tariff imposed by the US on Norway has distorted market competition, while Canadian seafood has no tariffs, and Chilean, Scottish, and Faroe salmon have a 10% tariff.
In the summer of 2025, the global market situation is becoming increasingly volatile, and the US tariff poses new challenges for Norwegian producers. In August, the US was no longer Norway's largest single market, with total exports of Norwegian seafood to the US decreasing by 3% year-on-year. The appreciation of the Norwegian krone further increased the price of Norwegian seafood in the US.
The NSC believes that Norwegian producers still have strong adaptability, a solid foundation of export markets, and are accustomed to opening up new markets in the event of major changes in the international situation. For smaller enterprises, the marketing situation may be more challenging.
NSC CEO Christian Chramer stated: "For our largest export product—fresh whole salmon—the export price has reached a new low since September 2022."
In August, Norway exported 9,343 tons of salmon to China, a 114% increase year-on-year, with an export value of 349 million Norwegian kroner, an 84% increase year-on-year. Currently, China is Norway's fourth-largest export market, and during periods of market volatility, Norwegian salmon has an absolute dominant position in the Chinese market. In the US market, the price of Norwegian fresh whole salmon fell by 51% year-on-year, and the export volume decreased by 15% year-on-year. The 15% tariff imposed by the US on Norway has distorted market competition, while Canadian seafood has no tariffs, and Chilean, Scottish, and Faroe salmon have a 10% tariff.
In the summer of 2025, the global market situation is becoming increasingly volatile, and the US tariff poses new challenges for Norwegian producers. In August, the US was no longer Norway's largest single market, with total exports of Norwegian seafood to the US decreasing by 3% year-on-year. The appreciation of the Norwegian krone further increased the price of Norwegian seafood in the US.
The NSC believes that Norwegian producers still have strong adaptability, a solid foundation of export markets, and are accustomed to opening up new markets in the event of major changes in the international situation. For smaller enterprises, the marketing situation may be more challenging.
Original content
According to the latest data from the Norwegian Seafood Council (NSC), in August, Norway exported 145,446 tons of Atlantic salmon, a 17% increase year-on-year; the export value was approximately 10.6 billion Norwegian kroner (1.06 billion USD), a 1% decrease year-on-year. NSC CEO Christian Chramer stated: "For our largest export product, fresh whole salmon, the export price has reached a new low since September 2022." In August, Norway exported 9,343 tons of salmon to China, a 114% increase year-on-year, with an export value of 349 million Norwegian kroner, an 84% increase year-on-year. Currently, China is Norway's fourth-largest export market, and in times of market turmoil, Norwegian salmon has an absolute dominant position in the Chinese market. In the U.S. market, the price of Norwegian fresh whole salmon fell by 51% year-on-year, and the export volume decreased by 15% year-on-year. The 15% tariff imposed by the U.S. on Norway has distorted market competition, while Canadian ...
Source: Foodmate
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