Norwegian salmon exports to USA reach new record

Norwegian seafood exports hit a new January record of NOK 15.3bn (around £1.1bn), an increase of 14% on January last year which continues the year-long growth that was such a hallmark in 2024.

Amid all the furore over President Trump’s tariff threats, the United States was the largest single market for Norwegian seafood in January, measured in value with salmon reaching a new record.

Norway exported fish and shellfish to the US market worth NOK 1.5bn (£107m), which accounted for 9.7% of total seafood exports last month.

Norwegian Seafood Council CEO Christian Chramer said: “Over time, the USA has developed into one of our most important individual markets.

“In January alone, we sold salmon worth over one billion kroner to the USA, which is a new value record. This underlines the importance of having the best possible trade agreements, also with the USA.”

He added: “Despite President Donald Trump having talked a lot about increased tariffs for his trading partners, we note that January was a historic month for Norwegian seafood exports to the US.

“Never before has Norway exported fish and shellfish for such high values to the US market as we did in January. This shows that seafood is also important for Norway in trade with the US.”

The most significant Norwegian seafood species exported to the US in January, by value, were (change in brackets):

• Salmon: NOK 1.1bn (+ 39%)
• Trout: NOK 110.6m (+55%)
• King crab: NOK 105m (+ 81%)
• Mackerel: NOK 31.7m (+ 41%)
• Haddock: NOK 23.2m 332 (+7%)
   

Globally, Norway exported 95,100 tonnes of salmon worth NOK 10.9bn (£778m) in January, 13% up in value on a year ago and 10% higher in volume terms. Along with the US, Poland and France were the largest markets for salmon.