King crabs have become a highly valuable export for Norway, especially for the U.S. market.
The U.S. is the largest export country for Norway's frozen king crabs. In October, exports to the U.S. increased by 16% year-on-year, reaching 8 million Norwegian kroner (approximately $781,000).
A scientific survey in 2025 showed that the number of male king crabs that can be caught in the main fishing areas has significantly decreased, with the biomass estimation value down by nearly half compared to previous years.
It is expected that the quota cuts in 2026 will further exacerbate the supply pressure of Norwegian king crabs in the North American market.