Trout export boom: Norway sees unprecedented growth in May, led by Ukraine

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Editorial Staff

Norway achieves record trout exports in May

Norway exported 5,561 tons of trout worth NOK 587 million ($55.77 million) in May, marking a historically strong month for trout exports.

This represents a value increase of NOK 231 million ($21.95 million), or 65%, compared to the same month last year, and a volume growth of 83%, according to the latest figures from the Norwegian Seafood Council.

The largest markets for Norwegian trout in May were Ukraine, the USA, and Thailand. The export value for trout reached a record high, surpassing the previous record by NOK 20 million ($1.90 million), set in August 2023.

Ukraine led the growth, with the export value rising by NOK 93 million ($8.84 million), or 538%, compared to May last year. The export volume to Ukraine reached 1,174 tons, an increase of 470%.

Seafood Analyst Paul T. Aandahl from the Norwegian Seafood Council highlighted the significant growth in whole fresh trout exports, which increased by 81% in value to NOK 413 million ($39.24 million). This category accounted for 70% of the total export value, up from 64% in May last year.

“Although trout accounted for only five per cent of the total value of farmed salmonids in May, there was strong growth. This is an important contribution to the further development of this category, and it will be exciting to follow the development of trout throughout the year,” says Christian Chramer, CEO of the Norwegian Seafood Council.

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