This year to date, the value of Norwegian salmon exports has totalled NOK 20.7 billion (EUR 2.6 billion), up by NOK 4.5 billion (EUR 570.6 million) or 28 per cent compared to the same period last year.
“We are seeing continued growth in the value of exports of Norwegian salmon, despite a reduction in export volume,” says Egil Ove Sundheim, director of market information with the Norwegian Seafood Council. “Reduced supply volume from Norway and other producer nations has meant that salmon prices have continued to trend upwards during July.”
The average export price for fresh whole Norwegian salmon in July was NOK 45 (EUR 5.7) per kg. This is an increase of NOK 18 (EUR 2.3) or 67 per cent compared to July 2012, and an increase of NOK 4.2 (EUR 0.5) compared to the previous month.
This year to date, the average export price of fresh whole Norwegian salmon has been NOK 41.2 (EUR 5.2) per kg, up by NOK 11.3 (EUR 1.4) compared to the same period last year.
Exports to Europe down in volume
In July, the volume of exports of Norwegian salmon products totalled almost 72,000 tonnes. Compared to July 2012, this is a decline of 5,000 tonnes or 7 per cent. Fully 59,000 tonnes or 83 per cent of total Norwegian salmon exports were destined for European markets. The biggest markets continue to be Poland, France and Russia. Of these, only exports to Poland saw growth in July with an increase in export volume of 700 tonnes compared to July 2012.
The downturn in export volume is the same across a number of markets, although the value of exports continues to grow thanks to higher prices.
Strong growth in exports of Norwegian fjord trout
The value of exports of Norwegian fjord trout in July totalled NOK 221 million (EUR 28 million). This is an increase of NOK 99 million (EUR 12.5 million) or 81 per cent compared to July 2012.
At the same time, the volume of exports has increased by 1,000 tonnes to a total of 4,735 tonnes. The biggest market for Norwegian fjord trout is Russia, which imported 2,300 tonnes in July and accounts for 49 per cent of all Norwegian fjord trout exports.
This year to date, the value of exports of Norwegian fjord trout has totalled NOK 1.2 billion (EUR 152.2 million). This is an increase of NOK 289 million (EUR 36.6 million) or 30 per cent compared with the same period in 2012. So far this year, the biggest markets for Norwegian fjord trout have been Russia, Belarus and Japan.
(seafood.vasep.com.vn) In 2025 In 2025, Vietnam's brackish water shrimp industry will continue to grow sustainably, enhancing value-added products with strong contributions from local authorities and the business community.
(seafood.vasep.com.vn) In January 2025, the country's total seafood output was estimated at 594,100 tons, a 0.7% increase compared to the same period last year. Specifically, fish production reached 443,400 tons, up 0.7%; shrimp output was 56,300 tons, up 3.1%; and other seafood products totaled 94,400 tons, down 0.9%.
(seafood.vasep.com.vn) The industrial pangasius production in Vinh Long province in 2024 reached 95,100 tons, a 4% decrease compared to 2023. Despite the decline in production, positive trends in the final months of the year offer hope for improving economic efficiency in the near future. Additionally, the increase in the area for industrial pangasius farming and the maintenance of overall aquaculture area demonstrate the province’s efforts to sustain its production activities.
(seafood.vasep.com.vn) In January 2025, Vietnam's total seafood export value reached 774.3 million USD, a 3.3% increase compared to the same period in 2024. This is a positive result compared to January 2023, when the Lunar New Year fell at the end of the month, significantly impacting export outcomes.
(seafood.com.vn) In 2024, Vietnam exported shrimp to 107 markets, up from 102 in 2023. The top 5 major markets for Vietnam’s shrimp exports were China & Hong Kong, the U.S., Japan, the EU, and South Korea, accounting for 76% of the total shrimp export value.
(seafood.vasep.com.vn) In 2024, Vietnam's seafood sector successfully exported to numerous countries, reaching a milestone of USD 10 billion, a 12% increase compared to 2023. 2025 promises to be a prospective year for promoting exports to various markets, including target and potential markets such as the US, China, ASEAN, and the Middle East.
(seafood.vasep.com.vn) The EU has been one of the largest consumers of Vietnamese pangasius over the past decade. However, data from Vietnam Customs reveals a gradual decline in EU imports of pangasius from Vietnam over the last five years.
The Report on Vietnam Seafood Exports in 2024 by the Vietnam Association of Seafood Exporters and Producers (VASEP) was published amid positive developments in the country's seafood industry, marking a successful year with a total export value of USD 10 billion, a 12% increase compared to 2023. This milestone underscores the sustainable growth and exceptional potential of the seafood sector in contributing to the national economy.
(seafood.vasep.com.vn) Vietnam's tuna sector faced numerous challenges in the latter half of 2024. While the year proved memorable, with export turnover reaching nearly USD 1 billion, maintaining this growth trajectory requires renewed impetus for the tuna industry.
With Tet (Lunar New Year) approaching, fishermen along Vietnam's central coast are capitalizing on favourable weather conditions to intensify their fishing efforts, meeting the burgeoning demand for seafood across the nation.
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