This year to date, the value of Norwegian salmon exports has totalled NOK 24 billion (EUR 2,993 million), a figure representing an increase of NOK 5.2 billion (EUR 648.5 million) year on year. In the same period, the volume of exports fell by 46,000 tonnes to 579,000 tonnes.
“The growth in the value of exports is due to increased prices for Norwegian salmon resulting from continued strong growth in demand combined with reduced volume of salmon from
Continued high export prices for Norwegian salmon
The average price for fresh whole Norwegian salmon in August was NOK 41.45 (EUR 5.17) per kg, NOK 13.48 (EUR 1.68) higher than in August last year. The average price in August was NOK 2.61 (EUR 0.32) lower than the average price in July.
Increased share of exports to EU
The volume of exports of Norwegian salmon in August fell by 9 per cent from August last year, but exports to the EU were down by only 4 per cent. Hence, the EU accounted for 69 per cent of exports of Norwegian salmon in August this year compared to 65 per cent in August last year.
Reduced exports to Russia
In August, the volume of exports of Norwegian salmon to
Downturn in exports to Asia
The volume of exports of Norwegian salmon to
Growth in exports of Norwegian fjord trout
Exports of Norwegian fjord trout in August were up in value by NOK 50 million (EUR 6.2 million) to a total of NOK 214 million (EUR 26.7 million), compared to the same month last year. In the same period, the volume of exports was down by 1 per cent. The biggest markets for Norwegian fjord trout in August were
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
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