Norway Seafood Exports Statistics of 2023

Norway has emerged as a global powerhouse in the seafood industry. The country has become synonymous with high-quality seafood exports with its pristine waters and sustainable fishing practices.

Norway is the 2nd largest seafood exporter in the world. In Norway around 39 million meals of seafood are served daily, year-round. Norway's seafood exports accounted for $15.48 billion in 2023 with an increase of 2% from the previous year. 

Fish is the most popular and one of the biggest seafood exports of Norway worth $9.43 billion in 2023, the HS code for seafood and aquatic invertebrates is 0308. Lower catches resulted from a 20% decrease in the cod quota in 2023. Despite this, most cod categories saw an increase in export value. Mackerel saw a similar circumstance, with record-high export value despite smaller catches. The primary product of Norwegian seafood exports is still salmon. 

Norway contributed 71% of the entire value of global seafood exports in 2023 with 1.2 million tons of salmon valued at $11.09 billion. In this article, we will take a closer look at Norway's seafood exports.

Key Highlights on Norway's seafood exports in 2023

• In 2023, Norway shipped seafood to 153 different nations. Six more than the previous year.
• Norway's seafood exports in USD amounted to $15.48 billion in 2023.
• Norway’s seafood exports accounted for $3.63 billion in 2024 quarter 1.
• In 2023, the top three destinations for Norway's seafood exports were Poland, Denmark, and the USA.
• With a 2% increase in exports over the previous year, Poland saw the biggest value gain in 2023.
• At 277,745 tons in 2023, the final export volume to Poland was 4% more than the previous year.

The 10 largest seafood varieties exported by Norway

Norway is known for its high-quality salmon fish exports, which are prized by consumers for their rich flavor and nutritional benefits. In addition to salmon, Norway also exports a wide range of other seafood products, including cod, haddock, and mackerel. The top 10 seafood export varieties of Norway in 2023 include:

1. Salmon fish: $11.09 billion (+16% from the previous year)
2. Cod: $1.10 billion (+0%)
3. Mackerel: $61 million (+7%)
4. Trout: $50 million (+10%)
5. Herring: $36 million (+3%)
6. Saithe: $36 million (+9%)
7. Haddock: $15 million (-14%)
8. Prawn: $12 million (+8%)
9. King crab: $11 million (+43%)
10. Blue halibut: $8.76 million (+16%)

Who are Norway's biggest export partners in seafood exports?

Norway exports the most seafood to Poland worth $1.74 billion at a share value of 11.2% in 2023 followed by Denmark and the USA. Norway’s top 10 seafood export partners in 2023 include:

1. Poland: $1.74 billion (11.2%)
2. Denmark: $1.27 billion (8.2%)
3. USA: $1.24 billion (8%)
4. France: $1.11 billion (7.2%)
5. Netherlands: $1 billion (6.5%)
6. Spain: $814.50 million (5.3%)
7. China: $799.10 million (5.2%)
8. United Kingdom: 716.79 million (4.6%)
9. Italy: $706.57 million (4.6%)
10. Portugal: $501.05 million (3.2%)

Top Seafood Exporters & Suppliers in Norway

The biggest seafood exporter companies in Norway with their annual revenue include:

1. Grieg Seafood: $55.61 billion
2. Austevoll Seafood: $34.10 billion
3. Lerøy: $31.01 billion
4. Mowi: $5.97 billion
5. Nergård AS: $1.09 billion
6. Aker BioMarine: $335.3 million
7. Havfisk: $126 million
8. Domstein: $53 million
9. Marine Farms: $24.9 million
10. King Oscar: $18 million

Norway’s Seafood Exports in the last 10 years

Conclusion

To conclude, Norway's seafood exports are a shining instance of the nation's dedication to seafood quality, sustainability, and innovation. With its popularity for excellence and a strong foundation for growth, Norway is nicely positioned to continue thriving within the international seafood marketplace for years to come. Looking ahead, the future looks vibrant for Norway's seafood exports.

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Norway's Fish Exports Accounted for $9.43 billion in 2023

Top 10 Fish exporter