Exports of goods
 16. Nov 2022
Fish exports up by 30%

Fish exports amounted to DKK 8.3 billion from January to September 2022.

Total exports in the first 9 months of this year amounted to DKK 9.1 billion, compared to DKK 6.8 billion in the same period in 2021. This is an increase of 33% in total exports.

Fish exports have increased to most markets.

The salmon export value increased by 32%, amounting to DKK 4 billion in the first 9 months of 2022. This increase came despite a 7% decline in export volume. Salmon exports to the Netherlands, China and Germany saw the biggest increase in value terms. There are also several new markets that have only imported negligible quantities of Faroese salmon up until this year. These include the Baltic states and Israel, which imported Faroese salmon to the values of DKK 40 million and DKK 69 million, respectively, in the first 9 months of 2022.

The export value of demersal fish species cod, saithe and haddock increased by DKK 431 million, or 45%. The volume increased by 9%. Demersal fish exports to Spain and the UK saw the biggest increase by DKK 135 million and DKK 132 million, respectively.

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Exports to Russia amounted to DKK 36.6 million in September 2022. These exports consisted of fuel and other supplies sold to Russian ships.

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All tables (Statbank)