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Norway's seafood exports grow by 13 pct in Q1

Xinhua, April 5, 2017 Adjust font size:

Norway has exported seafood worth 24.1 billion kroner (2.8 billion U.S. dollars) in the first quarter of 2017, up 13 percent compared with the first quarter last year, the Norwegian Seafood Council said on Wednesday.

The seafood export volume was 636,000 tonnes in the first quarter of this year, which fell by 7 percent year-on-year, the council said in a statement.

"The growth in value for Norwegian seafood continues. After the first quarter we see that exports of salmon to the European Union (EU) have grown in value, despite a volume decline of 5 percent. Salmon exports to Asia and the United States increased by 29 percent in volume," said Asbjorn Warvik Rortveit, director of market insight at the council.

"This contributes overall to the volume and value growth for Norwegian salmon exports in the first quarter. Fresh whole cod, bacalao, herring and mackerel have also contributed to the growth in value of seafood exports," he said.

Norway exported 233,000 tonnes of salmon with a value of 16.1 billion kroner in the first quarter of this year. This is an increase of 3 percent in terms of volume, while the value increased by 2.8 billion kroner, or 21 percent.

Poland, France and the United States were the biggest importers of salmon from Norway in the first quarter. (1 U.S. dollar=8.5845 Norwegian kroner) Endit