Salmon prices prove boon to Norwegian seafood exports as 2022 shows record surge

Norway exported seafood worth almost NOK 123.9 billion (€11 billion/$11 billion) during the year to date, already surpassing last year's record NOK 121 billion (€11 billion/$11 billion).

Salmon and trout accounted for NOK 86.2 billion (€8 billion/$8 billion), or 70 percent, of the total. Roughly 1.2 million metric tons of salmon was exported, an amount similar to last year's, according to the Norwegian Seafood Council.

There are several reasons behind the rocketing values, but high salmon prices are the main cause.