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Seafood Exports Up By NOK1.9 Billion

NORWAY - The export value of Norwegian seafood was NOK 25.9 billion in the first half of 2011. According to figures from the Norwegian Seafood Export Council, this is the highest export value ever recorded for this period.

Marketing Director of the Norwegian Seafood Export Council, N. Merete Kristiansen, stated that despite a decline in exports in June, there was still continued strong growth in the Norwegian seafood exports in the first half of the year.

So far this year there has been a growth in a variety of seafood products which have contributed to this growth.

After growth in the first five months, June saw exports fall by NOK 426 million compared to the same period in 2010 which had a total export value of NOK 3.8 billion.

Export record for salmon

The first half of the export value of salmon is NOK 15 billion, an increase of NOK 1.2 billion or 8.6 per cent compared with same period last year.

In June, however, exports fell by NOK 326 million. The average price for whole fresh salmon was the first half £39.08 against £36.14 last year. In June, the average price was £32.77.

In total, 362 000 tonnes of salmon were exported, compared to 359 thousand tons last year. It is France and Poland who are the biggest importers of salmon from Norway.

Growth of salt fish

In the first half, exports of salted cod saw an increase of 26 per cent due to higher prices.

Best E half of bacalao

Exports of dried fish increased by NOK 89 million, or six per cent, to a total value of NOK 1.6 billion.

The good price of dried fish from cod to Portugal explains the growth in the first half.

Increases in fresh cod products

So far this year, exports of fresh cod products were valued at NOK 793 million. This is an increase of 16 per cent. The greatest growth is in Spain, while Denmark and France are the largest recipients of fresh cod from Norway.

Growth of herring and mackerel

Exports of herring increased by 328 million kroner, worth a total of NOK 2.2 billion in the first six months. This is an increase of 17 per cent.

Russia was the largest importer with a value of NOK 521 million. Exports of mackerel increased by NOK 270 million or 55 per cent to NOK 758 million. Russia and China are Norway's biggest markets for mackerel in the first half.

Exports of trout were, in the first half, decreased by NOK 102 million to a total value of NOK 619 million. Volume declined from 19 thousand tonnes to 14 tonnes. The biggest importers are Russia and Japan.
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