Norway's Dominance in Global Seafood Market will be Continued in Coming Years

Norway's Dominance in Global Seafood Market will be Continued in Coming Years
In early July 2018 China has lifted the ban on some Norwegian salmon imports which could increase the trade volume 3 times in the second half of 2018 and drive up prices.

Imports of whole salmon from three major Norwegian areas, accounting for 40 percent of the country’s total output, were banned by China in 2015 over concerns about the presence of salmon anaemia and other variants of the virus.

Browse Related Report: Norway Fish Industry Reports

 
Norway's Dominance in Global Seafood Market
 

Seafood industry in Norway contributes a substantial amount to the country’s economy.  Norway is the second largest supplier of seafood to the global market after China. Live catch and farmed fish comprised one of the most important export products after petroleum and metals, accounting for NOK 94.5 billion (USD 11.8 billion) or 2.86% of Norway’s total GDP and 11.57% of total export.

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