Exports of goods
 17. Oct 2022
Annual fish exports surpass DKK 11 billion for the first time

Fish exports amounted to DKK 11.2 billion from September 2021 to August 2022. In the first 8 months of this year, fish exports increased by 35% compared to the same period last year.

Looking at the past year, the September 2021 - August 2022 period, we see that annual fish exports have surpassed DKK 11 billion for the first time.

Total exports in the first 8 months of the year amounted to DKK 8 billion, compared to DKK 5.8 billion in the same period in 2021. This is an increase of 39% in total exports.

The table below outlines the annual export figures by fish species.

The export volume of mackerel increased by 14% year-on-year, while the export value went up by 43%. This difference is due to a 25% price increase in frozen whole mackerel. A similar trend applies to herring.

Salmon exports increased by 34%, amounting to DKK 3.5 billion in the first 8 months. This increase came despite a 7% decline in export volume.

Exports of the bottom fish species cod, saithe and haddock have increased significantly, with export values going up by 51%, 27% and 69%, respectively. The average price for these species increased by 25%-33% in the past year.

The increased export value is mainly the result of higher prices.

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Exports to Russia amounted to DKK 58.7 million in August 2022. These exports consisted almost entirely of fuel and other supplies sold to Russian ships.

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All tables (Statbank)