US tariffs take their toll on Norway’s seafood exports

Norway exported seafood worth NOK 14.8 billion in January, representing a decrease of 32% or NOK 416 million compared with the same month last year. Norwegian Seafood Council (NSC) CEO Christian Chramer explained that lower salmon prices, a weaker US dollar, reduced quotas for several wild fish species and tougher competition in important markets all contributed to the decline.

Salmon

Norway exported seafood worth NOK 14.8 billion in January, representing a decrease of 32% or NOK 416 million compared with the same month last year. Norwegian Seafood Council (NSC) CEO Christian Chramer explained that lower salmon prices, a weaker US dollar, reduced quotas for several wild fish species and tougher competition in important markets all contributed to the decline.