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) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.
(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).
(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.
(seafood.vasep.com.vn) As part of Vietfish 2026, the International Seafood Hosted Buyer Program has been designed as a dedicated B2B matchmaking initiative for selected international buyers. The program provides opportunities to meet directly with Vietnamese seafood companies, gain market insights, and experience Vietnam's seafood supply chain firsthand.
(seafood.vasep.com.vn) A Story from Cà Mau’s Coast It’s 5 AM in Cà Mau. Minh, a third-generation fisherman, is ready to set sail. But unlike his father and grandfather, his boat no longer runs on an old diesel engine that burns fuel and clouds the sky with smoke. Instead, it’s powered by a hybrid engine that saves 40% fuel—funded by an ESG program from a major seafood exporter.
(seafood.vasep.com.vn) Vietnam's pangasius industry is shifting its focus from increasing production volume to enhancing value-added products in order to meet the increasingly stringent requirements of export markets. In An Giang Province—the country's leading hub for pangasius farming and processing—businesses and farmers are prioritizing product quality, traceability, food safety, and sustainable development rather than expanding output.
(seafood.vasep.com.vn) Following strong growth in 2025, Vietnam’s tuna exports to Sweden continued to edge higher during the first five months of 2026. However, the picture is far from straightforward. Orders have fluctuated significantly from month to month, indicating that this market remains cautious, with purchasing decisions closely tied to actual demand and the import cycles of Nordic distributors rather than to a steady upward trend.
(seafood.vasep.com.vn) China’s shrimp imports in the first five months of 2026 continued to surpass the same period in 2025, indicating that demand in the world’s largest seafood-consuming market remains strong. However, behind the growth figures lies an increasingly competitive landscape: Ecuador dominates the competitively priced whiteleg shrimp segment, India remains the second-largest supplier, while Vietnam stands out in the lobster segment but still needs to strengthen its advantages through quality, traceability, and reliable supply.
(seafood.vasep.com.vn) Lobster exports to China continued to surge in the first half of this year, putting the lobster industry on the verge of reaching an export value exceeding $1 billion.
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