Exports of Norwegian fish feed to Russia have picked up dramatically since the nation's invasion of Ukraine, almost tripling between March and April to a value of NOK 141 million (€13.9/$14.8 million).

Although no official sanctions have been put in place for salmon and aquaculture feed, Norway has complied with the EU's ban on money transfers through the international Swift transfer system with Russian banks. It appears, however, to have made little difference in restricting trade.

"We thought the payment challenges would lead to reduced feed trade, but are now registering that this has not happened," Seafood Norway CEO Geir Ove Ystmark told IntraFish.