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Home International Customs

Norway’s cod exports hike in September, but pelagics down YOY

byCT Report
09/10/2017
in International Customs, Norway
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OSLO: So far this year Norway has exported 59,000 metric tons of frozen cod, including fillets, worth a total of NOK 1.9 billion ($237.1 million), according to the Norwegian Seafood Council (NSC). Despite a decline in seafood exports in September, Norway has exported 1.8m metric tons of seafood at a value of NOK 69bn so far this year. This is a volume increase of 3%, and a value increase of 6% or NOK 3.7bn, measured against the same period last year. In September Norway exported 189,000t of seafood worth a total of NOK 8bn. This was down 18%, while the value fell by 8% or from the same month last year. “While the value of salmon exports in September was at the same level as last year, we see a decline in exports of herring and mackerel in particular. Some of this is due to natural seasonal fluctuations,” said the NSC’s Asbjorn Rortveit. “So far this year, Norway has exported seafood worth NOK 69bn. For the first nine months of the year, the value added has been NOK 3.7bn and in order to reach NOK 100bn in 2017, the value added for the last three months of the year must be NOK 4.75bn, which is unlikely.” So far in 2017 Norway has exported 60,000t of fresh cod, including fillets, at a value of NOK 2bn. This is a volume increase of 8%, while the value increased by 10% or NOK 179m compared with the same period last year.

Norway has exported 1,500t of fresh cod, including fillets, at a value of NOK 53m in September. This was a volume increase of 3%, while the value fell by 6% or NOK 3m compared with the same month last year. So far this year, Norway has exported 59,000t of frozen cod worth NOK 1.9bn; flat year-on-year in terms of volume, and up 5% in value. “Traditionally, most of the frozen whole whitefish exported to China has been filleted and then sent back to Europe, but it is gratifying to see that growing volumes of Norwegian cod are also being consumed in China,” said Sigmund Bjorgo, NSC representative in China.

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