Exports of goods
 16. Aug 2024
Fish exports fall DKK 159 million

Fish exports in the first half (H1) of 2024 amounted to DKK 5.5 billion – down DKK 158.7 million (4%) on H1 2023.

The tables below show fish export figures in value and volume terms in the January 2024 - June 2024 period compared with the same period in 2023.

The export drop in the non-fish category predominantly stems from lower exports of fuel and ships.

Salmon exports increased by DKK 405 million, up 16.5% in value and up 21.1% in volume.

Fish products that boost the total export figure include cod, mackerel and feeding stuff. Cod exports rose by DKK 54 million (10.5%).

Following recent increases in exports of feeding stuff, fish oil and fish meal, H1 2024 figures reveal a decline. Exports of fish meal fell by DKK 111.6 million and fish oil fell by DKK 68.4 million compared with H1 2023.

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Tables for imports and exports have been restructured. All tables now allow selection of imports/exports and value/volume.

The new SITC table (UH01026) is similar to the old tables (UH01020 and UH01021), with the following changes:

  • Upgraded BEC classification from Rev. 4 to Rev. 5.
  • Uses the FAO’s ISSCFC fishery commodities classification.
  • Fish species are classified according to the MCS (Main Commercial Species) system by The European Market Observatory for fisheries and aquaculture products (EUMOFA), launched by the EU Commission. 
  • Includes fish processing information and supply chain data.

The ISSCFC includes a large number of commodities searchable by codes or text.

All data in the ISSCFC table will eventually be translated into Faroese.

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All tables (Statbank)