Export volumes of cod, particularly to the EU, were hit hard in the third quarter. When exports picked up in the fourth quarter, the price of frozen whole cod around 30 percent lower than last year, says market analyst Ove Johansen.
Export values of frozen cod dropped to NOK 3.4 billion (€460.6 million/$609.6 million) in 2012, a fall of NOK 276.2 million (€37.4 million/$49.5 million) from 2011. Exports to China, Norway's the biggest importer of frozen groundfish, was reduced by NOK 144 million (€19.5 million/$25.8 million) to NOK 1.1 billion (€149 million/$197.2 million) in 2012.
Value of cod falls
Export value of fresh cod fell to NOK 1.54 billion (€208.6 million/$276.1 million) in 2012, a decrease of NOK 147.5 million (€20 million/$26.4 million) from 2011.
Fresh whole cod volume inched up by 2,388 metric tons to 24,032 metric tons, but fresh whole cod value dropped by 11 percent to NOK 536.5 million (€72.7 million/$96.2 million).
Exports of fresh fillets reached NOK 421 million (€57 million/$75.5 million) in 2012, a fall of 12 percent from 2011.
Total salted cod exports fell by 20 percent year-on-year to NOK 824 million (€111.6 million/$147.7 million). Salted cod export volume dropped by 3,857 metric tons to reach 22 399 metric tons, and prices fell by 9 percent compared with 2011.
Portugal was the largest market for salted fish with NOK 472.8 million (€64.1 million/$84.8 million) in export value, down 147 million from 2011.
Large reduction of cod aquaculture
Total exports of farmed whitefish products from aquaculture was NOK 196.2 million (€26.6 million/$35.2 million), a fall of NOK135.7 million from 2011. Farmed cod accounted for most of the decrease, and fell by NOK 111.5 million (€15.1 million/$20 million) to reach NOK 122.3 million (€16.6 million/$21.9 million).
(seafood.vasep.com.vn) On the afternoon of March 19, Vice Chairman of the Ca Mau Provincial People’s Committee, Le Van Su, chaired a meeting to address bottlenecks and propose solutions to expand the super-intensive whiteleg shrimp farming model using low water exchange and high biosecurity standards (RAS-IMTA).
(seafood.vasep.com.vn) On March 10, 2026, the Ho Chi Minh City People’s Committee issued Decision No. 1377/QD-UBND approving the Aquatic Animal Disease Prevention and Control Plan for the 2026–2030 period. The decision takes effect from the date of signing and replaces previous plans for the 2021–2030 period that had been issued prior to the administrative merger in Ba Ria – Vung Tau, Binh Duong, and Ho Chi Minh City.
(vasep.com.vn) In 2025, Chile imported more than USD 156 million worth of tuna, up 8.1% compared to the previous year and the highest level in the past five years. As the supply structure in this market is rapidly shifting, Vietnamese tuna is facing both opportunities to expand market share and increasing competitive pressure from Thailand, Colombia, and China.
(seafood.vasep.com.vn) Vinh Long Province is stepping up efforts to develop brackish water shrimp farming in a sustainable direction, identifying it as a key sector in its agricultural structure. In 2026, the province aims to reach around 71,300 hectares of shrimp farming, with an output of over 314,000 tons.
(seafood.vasep.com.vn) Ha Tinh Province is strengthening control over shrimp seed quality to minimize risks for the 2026 spring–summer farming season.
(seafood.vasep.com.vn) In February 2026, Vietnam’s pangasius exports reached USD 119 million, down slightly 5% year-on-year. However, thanks to strong performance in January, cumulative exports in the first two months of the year still reached USD 331 million, up 28% compared to the same period in 2025. Export activity slowed somewhat in February due to seasonal factors, particularly the Lunar New Year holiday, which disrupted production and shipments at many seafood processing enterprises.
(seafood.vasep.com.vn) Da Nang is accelerating the development of high-tech shrimp farming toward intensive production, disease control, and improved efficiency. Many shrimp farms have invested in automated environmental monitoring systems, continuously tracking indicators such as pH, dissolved oxygen, temperature, and salinity, enabling farmers to promptly adjust pond conditions and reduce disease risks.
(seafood.vasep.com.vn) The year 2025 is considered a turning point for Vietnam’s shrimp seed industry as the sector faces the need for strong transformation in technology, production management, and gradual self-sufficiency in broodstock supply. These factors are seen as key to improving seed quality and strengthening the competitiveness of the shrimp industry amid increasingly demanding market requirements.
(seafood.vasep.com.vn) In February 2026, Vietnam’s shrimp exports reached nearly USD 310 million, up 17% year-on-year. Cumulatively for the first two months of the year, shrimp export value totaled USD 690 million, an increase of 20% compared with the same period last year. Compared with the 22% growth recorded in January, the pace of increase in February slowed somewhat, reflecting seasonal factors as the Lunar New Year holiday partially disrupted processing and shipment activities. Nevertheless, the nearly 20% growth in the first two months indicates that shrimp orders from Vietnam are maintaining a more positive trend than in the same period last year.
(seafood.vasep.com.vn) According to the latest statistics for January 2026, Vietnam’s pangasius export value to major market blocs recorded encouraging growth compared with the same period last year, indicating that consumption demand is gradually recovering.
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