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Norwegian salmon exports to China rose last week

Thu 15th February, 2018 10:49am
OSLO, Feb 15 (Reuters) - Norway exported 420 tonnes of fresh 
salmon to China last week, up from 355 tonnes the previous week 
and from just 32 tonnes during the same week a year ago, data 
from Seafood Norway showed on Thursday. 
    While the volumes accounted for a fraction of total exports 
of 16,519 tonnes last week, Norwegian producers see Chinese 
demand as an important factor to balance growing global salmon 
supply which weighed on prices. 
    In late 2016, Norway and China began to normalise political 
and trading relations following a diplomatic row over the 2010 
award of the Nobel Peace Prize to Chinese dissident Liu Xiaobo. 
    Salmon exports to Vietnam, which has been previously seen as 
a backdoor to China, fell year-on-year. 
    Combined for China and Vietnam, volumes last week rose to 
633 tonnes from 538 tonnes in same week last year.  
    In addition volumes to China associated Honk Kong rose to 
459 tonnes last week from 199 tonnes in same week last year. 
    The European Union is by far the biggest export market for 
Norwegian salmon, buying 75.5 percent of volumes last week, down 
from 76 percent from the previous week. 
    Norway's average export price last week stood at 54.94 
Norwegian crowns per kilo compared to 65.14 crowns in the same 
week of 2017, when total export volumes amounted to 14,927 
 (Reporting by Ole Petter Skonnord, editing by Nerijus 
 ((olepetter.skonnord@thomsonreuters.com; 0047 23 31 65 97;)) 
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