The value of exports in November totalled almost NOK 3 billion (EUR 408.4 million), an increase of almost NOK 472 million (EUR 64.3 million) or 19 per cent compared to November last year.
This year to date, Norwegian salmon exports have totalled 907,000 tonnes in volume and NOK 26.8 billion (EUR 3.6 billion) in value. The growth in the volume of exports for the year to date has been 22 per cent, while the growth in value has been up by 1 per cent or NOK 346 million (EUR 47.1 million) compared to the same period last year.
“The growth in the value of exports in November is being driven primarily by volume growth,” says market analyst Paul Aandahl from the Norwegian Seafood Council. “Yet despite the strong growth in the volume of exports, prices for Norwegian salmon were higher than in November last year. This growth is being driven by continued positive trends in sales of fresh and smoked Norwegian salmon for domestic consumption in most markets.”
In November, the average export price for fresh whole Norwegian salmon was NOK 27.10 (EUR 3.69) per kg. This is NOK 2.03 (EUR 0.28) higher than in November last year and NOK 1.36 (EUR 0.19) up on the previous month.
The importance of the EU as a market for Norwegian salmon increased in November. Growth in exports to the EU was above average. Among EU countries,
Following growth in the volume of exports to
Exports of Norwegian fjord trout had a good month in November, with the volume of exports up by 611,000 tonnes or 11 per cent compared to November 2011. For the year to date the value of exports of Norwegian fjord trout has totalled NOK 1.5 billion (EUR 204.2 million), an increase of NOK 271 million (EUR 36.9 million) compared to the same period last year.
This growth is mainly attributable to
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.
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