A fall in the value of exports of herring, clipfish and salted fish outweighed the increase in prices for salmon.
This year to date, the value of seafood exports has totalled NOK 8.9 billion (EUR 1.2 billion). This is an increase of NOK 326 million (EUR 43.9 million) compared to the same period last year, according to the latest figures from the Norwegian Seafood Council (NSC).
Higher prices and record exports for salmon
The value of salmon exports in February totalled NOK 2.5 billion (EUR 336.4 million). This is 20 per cent higher than in February last year. This year to date, the value of salmon exports has totalled NOK 5.3 billion (EUR 713.2 million).
The EU markets won the fight for salmon in February. The total volume of exports in February totalled 66,000 tonnes and while this is a reduction of 6 per cent overall, the EU markets upped their import volume by 3 per cent.
The drop in exports to eastern Europe and
The average price for fresh whole salmon in February was NOK 37.61 (EUR 5.06) per kg. Not since May 2011 has the price been higher. Compared to the average price in February 2012, this is an increase of NOK 9.46 per kg (EUR 1.27) and even since January the price has gone up by NOK 2.90 per kg (EUR 0.39).
Downturn for herring and mackerel
Exports of herring in February fell in value by NOK 344 million (EUR 46.3 million) or 57 per cent to a total of NOK 262 million (EUR 35.3 million). The downturn is largely attributable to reduced quotas of the ‘silver of the sea’.
Exports of mackerel were also down in February, showing a drop in value of NOK 59 million (EUR 7.9 million) or 23 per cent to a total of NOK 192 million (EUR 25.8 million).
This year to date, the value of exports of mackerel has totalled NOK 372 million (EUR 50 million), down by NOK 266 million (EUR 35.8 million) or 42 per cent compared to February 2012
Increase in exports of fresh and frozen cod
In February, the value of exports of fresh and frozen cod increased by NOK 39 million (EUR 5.2 million) to a total of NOK 476 million (EUR 64 million). The EU is the most important market, with the value of exports in February up by NOK 39 million (EUR 5.2 million) or 16 per cent to a total of NOK 347 million (EUR 46.7 million).
This year to date, the value of exports of cod has totalled NOK 997 million (EUR 134.2 million), an increase of NOK 77 million (EUR 10.4 million) compared to the same period last year.
Decline in exports of clipfish and salted fish
Exports of clipfish fell in value in February by NOK 166 million (EUR 22.3 million) or 51 per cent to a total of NOK 158 million (EUR 21.3 million).
So far this year, the value of exports has totalled NOK 572 million (EUR 77 million), a decline of NOK 92 million (EUR 12.4 million) or 14 per cent.
Exports of salted fish in February fell by NOK 15 million (EUR 2 million) or 12 per cent to a total of NOK 109 million (EUR 14.7 million).
(seafood.vasep.com.vn) The year 2025 marked a pivotal milestone for Vietnam’s seafood industry in its restructuring process toward sustainability, transparency, and higher value creation, amid continued uncertainties in the global economic and trade environment. Prolonged inflation in major economies, the rising trend of trade protectionism, and increasingly stringent requirements related to environmental standards, traceability, and social responsibility have posed significant challenges to seafood production and exports. Nevertheless, overcoming these pressures, Vietnam’s seafood sector has gradually demonstrated its adaptability, maintained growth momentum, and laid an important foundation for the next stage of development.
(seafood.vasep.com.vn) Amid the increasingly evident impacts of drought and saltwater intrusion, the shrimp-rice production model in Ca Mau province continues to prove itself as a viable direction, contributing to higher farmer incomes, improved soil conditions and the promotion of ecological and sustainable agricultural development.
(seafood.vasep.com.vn) The management of fishing vessels, monitoring of fishing activities, and handling of violations in the fisheries sector in Lam Dong province have continued to be implemented in a synchronized and stringent manner, contributing to raising awareness of legal compliance among fishermen and aiming to end illegal, unreported and unregulated (IUU) fishing.
(seafood.vasep.com.vn) Can Tho’s fishery industry sustained steady growth in 2025 with total aquatic and marine output reaching nearly 783,000 tons, fulfilling 100% of the annual target. Aquaculture, capture fisheries and fishing fleet management were further strengthened, aiming for sustainable development in the coming years.
(seafood.vasep.com.vn) In 2025, Vietnam’s pangasius export turnover reached nearly USD 2.2 billion, up 8% year-on-year. This result indicates that pangasius exports maintained their growth momentum despite significant volatility in the global market environment. In December 2025, pangasius export value reached USD 200 million, up 10% compared to December 2024. This solid performance in the final month of the year reflects increased import demand for consumption and inventory replenishment in key markets.
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain experienced significant fluctuations. According to Vietnam Customs, during the first 11 months of 2025, export turnover for the first 11 months of the year edged up by 0.3% year-on-year, reaching nearly $15 million.
(seafood.vasep.com.vn) Deputy Prime Minister Bui Thanh Son has signed Decision No. 16/QD-TTg, dated January 5, 2026, approving the implementation plan for the Vietnam-Israel Free Trade Agreement (VIFTA). Under the plan, in the coming period, ministries, ministerial-level agencies, government-affiliated entities and People’s Committees of provinces and centrally-run cities must institutionalize and execute tasks focused on the dissemination of information regarding VIFTA and the Israeli market; legislative and institutional development, as well as enhancing competitiveness and human resource growth...
(seafood.vasep.com.vn) Beyond achieving double-digit growth, Vietnam’s fish cake and surimi exports are showing a notable year-end "inflection point": the EU his accelerating with nearly twofold growth, China & Hong Kong are rising sharply, while the largest market, South Korea, signaled a slowdown in November. According to Vietnam Customs data, export turnover of fish cake and surimi reached $327 million in the first 11 months of 2025, up 22% year-on-year; November 2025 alone accounted for $35 million, marking a 5% increase. This serves as a critical foundation for exporters to reassess market structures and competitive intensity while finalizing order strategies for 2026.
(seafood.vasep.com.vn) Ca Mau, widely regarded as the nation’s “shrimp capital”, continued its strong performance in 2025 as shrimp output reached nearly 600,000 tons, maintaining its position as Vietnam’s leading shrimp-producing locality.
(seafood.vasep.com.vn) On December 29, 2025, at the 2025 Pangasius Industry Review Conference held in Can Tho City, the Vietnam Pangasius Association announced that fingerling prices have surged to record levels due to acute supply shortages.
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