In 2023, the UK became the largest market for Norwegian frozen cod exports by value for the first time since 2010, due to a significant drop in exports of frozen cod to China. The global seafood trade pattern changed in 2023 due to the Russia-Ukraine war, resulting in a 52% decrease in Norwegian frozen cod exported to China. Farmed cod exports had a breakthrough year, with export volumes increasing by 125% year-on-year to 8,700 tons and creating an export value of NOK 463 million, accounting for a double-digit proportion of Norway's total fresh cod exports for the first time.
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Original content
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 ...
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