Exports of goods
 19. May 2025
Mackerel exports up DKK 641 million

Total exports from April 2024 to March 2025 amounted to DKK 12.5 billion. This is roughly the same as in the previous 12-month period.

The tables below show export figures for the April 2024-March 2025 period compared with the previous 12-month period.

Fish exports decreased by DKK 97 million (0.8%). The past year has seen lower imports of some fish species such as salmon, blue whiting, herring and capelin, while exports of most other fish species have increased.

Salmon exports fell by DKK 44.4 million. The export value of salmon remained unchanged, while the export volume rose by 13% year-on-year.

Exports of mackerel increased by DKK 640.9 million (68.2%). This increase is mostly due to higher prices because the export volume for mackerel only rose 9% year-on-year.

Exports of fodder, fishmeal and fish oil fell by almost DKK 1 billion.

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The table below shows the export of fishery products by country. The largest increase is in exports to Asia – mostly China. Exports to non-EU countries in Europe increased by DKK 214 million. Within this increase, exports to Russia grew by almost DKK 200 million. Exports to North America dropped significantly. This mostly includes falling exports to the US.

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Recent years have seen a considerable increase in exports to the EU and the US. Most of the exports to ‘the go to the US. Exports to the US have increased from DKK 50-100 million per month in the 2014-2021 period to DKK 100-200 million per month today.

Exports to Asia fell significantly during the Covid-19 pandemic but have now reached pre-pandemic levels. 

Five countries purchase goods from the Faroes to the tune of more than DKK 1 billion a year. These are the US, Russia, Denmark, the UK and Spain.

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All tables (Statbank)