News Norway's seafood exports are up - and down - Fish Farmer Magazine.
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A weakening krone was the main reason Norway’s seafood exports hit a new April high, the country’s Seafood Council said today, but currency movements have masked a real-terms fall in exports. The figures paint a familiar picture of higher earnings, with salmon out in front. Norwegian seafood exports totalled NOK 12.9 billion (£956m), a rise of 14% on the same period last year. Norway Seafood Council CEO Christian Chramer said: “For a seafood nation like Norway, it is positive that the value of export products continues to increase, but the growth in April is solely due to a currency effect. “Measured in euros, the export value fell by more than 5% and in dollars by 3.7%. It is the weak Norwegian krone that is driving the value up.” The volume, at 160,000 tonnes, was the lowest April figure since 2007. Chramer said: “The downward trend with falling volumes also continued in April. Among other things, this applied to trout, grayling and several whitefish species, while the volume ...
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