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Jan 19 - Ag Exports in Focus Following Tariff Rate Quote Agreement Between U.S. and EU


Jan 18 - U.S., EU Agree to Tariff Rate Quotas for Agricultural Products


Dec 5 - Norwegian Seafood Exports Challenged by Increased Costs, Unrest in Salmon Market


Nov 4 - Norwegian Seafood Exports to U.S. Up 18% but Consumer Demand Cause for Concern


Oct 6 - Norwegian Seafood Exports Witness Best Quarter of All-Time Behind Historic Prices


Sep 6 - High Salmon Volumes, Prices Propel Norwegian Seafood Exports


Aug 11 - ANALYSIS: Canada Lobster Tail, Meat Exports to U.S. Fall Short in June


Aug 3 - Norwegian Seafood Exports Witness Historic July Despite Multiple Headwinds Impacting Industry


Aug 3 - Russia Continues to Increase Fish Exports to South Korea


Jul 13 - Chilean Salmon Exports Jump 34% in Q2 Rising Above Pre-Pandemic Levels


Jul 5 - Norwegian Seafood Council Names New CEO Amid Historic Start for Seafood Exports in 2022


Jun 3 - Inflation, Russia-Ukraine Crisis Loom Over Norwegian Seafood Exports


May 19 - Several Canadian Seafood Associations to Split $1.7 Million in Funding to Grow Export Markets


May 18 - Washington Seafood Broker Lands Jail Time; Company Hit with $25K Fine for Illegal Geoduck Shipments


May 11 - Ecuadorian Shrimp to Re-Enter Thailand Market Following Safety Protocol Implementation


May 9 - UK Launches Package to Improve Seafood Exports to New, Current Overseas Markets


May 4 - Norwegian Salmon Prices Up in April Behind Increased Demand, Less Access to Volume


May 4 - Russia Given Authority to Halt Exports Under Executive Order Signed by Putin


Apr 6 - U.S. Becomes Largest Growth Market for Norwegian Seafood Through Q1


Apr 4 - Australia, India Land Trade Deal; PM Says 'Great News for Lobster Fishers'


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License Agreement

Ag Exports in Focus Following Tariff Rate Quote Agreement Between U.S. and EU

Earlier this week, United States Trade Representative Katherine Tai along with EU representatives signed the U.S.-EU Tariff Rate Quota (TRQ) Agreement.

This enabled the U.S. to preserve its existing access to the EU market for various agricultural goods following the United Kingdom’s exit from the EU on January 1, 2021.

Through the first 11 months of 2022, the U.S. exported $11.1 billion worth of goods to the EU, according to the office of the U.S. trade representative. 

Under tariff-rate quota 005 (Meat of bovine animals/Edible offal of bovine animals), the Union volume of the United States/Canada country specific part was adjusted to 10,500 tonnes...

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U.S., EU Agree to Tariff Rate Quotas for Agricultural Products

The United States Trade Representative (USTR) Katherine Tai and a number of EU representatives signed the U.S.-EU Tariff Rate Quota (TRQ) Agreement on January 17.

According to the USTR, the agreement will allow the U.S. to preserve its existing access to the EU market for various agricultural commodities following the United Kingdom’s exit from the EU on January 1, 2021.

“The new TRQ allocations are based on the historical pattern of agricultural exports to the 27 EU Member States,” the USTR’s office wrote in a press release...

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Norwegian Seafood Exports to U.S. Up 18% but Consumer Demand Cause for Concern

The Norwegian Seafood Council shared that Norway’s seafood industry exported NOK 15.4 billion ($1.5 billion) worth of seafood in October, the highest ever in a single month.

Despite the record month for exports, the Council noted that challenges face the industry including changes in seafood consumption and tighter finances as households face inflationary pressures.

“Several countries are reporting a decline in domestic consumption of seafood while the restaurant market is also experiencing challenging times. Expectations of a significantly weaker economic development...

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High Salmon Volumes, Prices Propel Norwegian Seafood Exports

August 2022 marked another record for Norwegian seafood export value. The country exported NOK 12.5 billion ($1.2 billion) worth of seafood. This is an increase of NOK 2.9 billion, or 30 per cent, compared to August last year, per the Norwegian Seafood Council.

“It is the particularly high volumes and prices for salmon that are driving export records in August. This is the best single month of all time for salmon measured in value, while there is an August record for pollock, trout, haddock and the entire whitefish category...

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Norwegian Seafood Exports Witness Historic July Despite Multiple Headwinds Impacting Industry

The Norwegian Seafood Council witnessed the best July ever in terms of Norway’s seafood export value, jumping 23% compared to last year to a value of NOK 11.6 billion (US$1.2 billion).

Although Norway’s seafood exports are witnessing a historic start to the year, the Council’s Acting CEO Børge Grønbech said challenging times can still impact the development in the future.

“These are also challenging times for the Norwegian seafood industry, which is impacted by high inflation and cost growth. Both factors have weakened most consumers...

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Chilean Salmon Exports Jump 34% in Q2 Rising Above Pre-Pandemic Levels

The Chilean Salmon Council (CDS) shared that shipments of salmon and trout totaled $1.55 billion in the second quarter of the year, a 34% jump compared to Q2 2021 and according to Joanna Davidovich, executive director of the Salmon Council, the total is above pre-pandemic levels.

The latest Chilean salmon export totals come from the Council, which consists of AquaChile, Australis, Cermaq, Mowi and Salmones Aysén, and its Quarterly Report on Salmon Exports which compiles information from the Central Bank and the National Customs Service...

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Inflation, Russia-Ukraine Crisis Loom Over Norwegian Seafood Exports

The Norwegian Seafood Council shared that Norway exported seafood worth NOK 12.4 billion ($1.3 billion), just shy of a 50 percent jump from May of last year.

Acting CEO of the Norwegian Seafood Council, Børge Grønbech said demand remained strong for Norwegian seafood and it led to the second-highest ever export value for a single month. Grønbech said export prices were higher for salmon and a boost in the price for trout, cod, saithe, haddock and herring led to the growth.

Still, the Council said the war...

 

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Washington Seafood Broker Lands Jail Time; Company Hit with $25K Fine for Illegal Geoduck Shipments

A seafood broker based in Burien, Washington was sentenced in U.S. District Court in Seattle to 90 days in prison and three years of supervised release for smuggling seafood from the U.S.

The Department of Justice (DOJ) said that Jeffrey Hallin Olsen, 52, owner of Absolute Seafoods LLC, falsified documents and lied to authorities about disposing of 46 cases of potentially tainted geoduck from Alaska.

U.S District Judge John C. Coughenour also sentenced Olsen’s company, Absolute Seafoods LLC, to probation and...

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UK Launches Package to Improve Seafood Exports to New, Current Overseas Markets

The United Kingdom government has announced a £1 million package to boost seafood exports and promote the industry’s high-quality produce overseas.

The government said the package will target growing overseas markets and provide new opportunities to the country’s fishing and seafood industries following Brexit.

Last year, global exports of UK seafood amounted to over  £1.6 billion in 2021, with salmon the UK’s fourth top food and drink product exported in 2021, totaling around £730 million...

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Russia Given Authority to Halt Exports Under Executive Order Signed by Putin

On Tuesday, Russian President Vladimir Putin signed an Executive Order allowing Russia to halt exports and eliminate existing contracts for individuals on a forthcoming sanctions list.

Putin has ordered the Russian government to compile a list of sanctions against foreign individuals and companies over the next 10 days. 

The Executive Order was signed "to protect the national interests of the Russian Federation in response to unfriendly actions, which contradict international law, undertaken by the U.S., and joined by other foreign states and international organizations," according to a statement on Russia's presidential... 

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Australia, India Land Trade Deal; PM Says 'Great News for Lobster Fishers'

Australia and India have announced a free trade agreement, the deal is reportedly worth AU$24 billion (US$18 billion) and will see the elimination of tariffs on over 85% of exports to India, both countries announced in a virtual ceremony on April 2.

The deal was described as 11-years in the making by the Australian Associated Press as talks were ramped up following tensions with China. The Indian market is massive and could provide a key region for Australian seafood companies...

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Norwegian Seafood Exports Challenged by Increased Costs, Unrest in Salmon Market

Norwegian Seafood Council CEO Christian Chramer stated that despite the third-highest export value for the month of November in history, Norway’s seafood exports faced increased costs and inflation, a key reason behind impressive values in the month.

“Nevertheless, the increase in demand is not taken out in greater volume but in higher prices. In general, we have high food inflation and increased costs, which drive up prices throughout the value chain,” Chramer explained.

Increased prices represented nearly NOK 3 billion of the total NOK 14.4 billion...

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Norwegian Seafood Exports Witness Best Quarter of All-Time Behind Historic Prices

The Norwegian Seafood Council reported that Q3 2022 was the best quarter ever for seafood exports thanks to historically high prices. In Q3, NOK 39 billion ($3.7 billion) worth of seafood was exported, well above the previous record, Q4 2021’s NOK 36.1 billion.

Through nine months, exports are also at a record high.“The record-breaking value for the first nine months of the year confirms the seafood industry's position as the country's second most important export industry. The whole of Norway can benefit...

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ANALYSIS: Canada Lobster Tail, Meat Exports to U.S. Fall Short in June

Lobster tail and meat import flow into the United States from Canada continues to lag the 2021 pace but is more in-line with the five-year average.

The in-shell category is down 34.7% in June and 35.1% YTD when compared to last year, but just 6% off the five-year pace.

The meat category is down 24.9% in June, and...

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Russia Continues to Increase Fish Exports to South Korea

South Korea remains the major exporter of fish and seafood from Russia this year, according to recent statements, made by experts of NEO-Center APK, one of Russia’s leading analyst agencies in the field of fish and agriculture.  

The second place is occupied by China, which current volumes of fish imports from Russia is still significantly lower the figures of some previous years, which is mainly due to the COVID-19 pandemic and its consequences.  

This year South Korea accounts for more than 50% of total fish exports, while the...

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Norwegian Seafood Council Names New CEO Amid Historic Start for Seafood Exports in 2022

The Norwegian Seafood Council (NSC) appointed Christian Chramer as its CEO, via a unanimous decision by its board, per a July 1 announcement.

“We are very pleased to welcome Christian Chramer as the new CEO of the Norwegian Seafood Council. His broad management experience and strong communication skills will help to lift the Seafood Council further, and we look forward to an exciting collaboration in the future” said Deputy Chairman of the Board and Chairman of the Appointments Committee, Amund Drønen Ringdal...

 

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Several Canadian Seafood Associations to Split $1.7 Million in Funding to Grow Export Markets

Canada’s Minister of Agriculture and Agri-Food Marie-Claude Bibeau announced more than CA$1.7 million in funding for six projects to help expand seafood exports to international markets.

The funding will head to six recipients in the seafood industry under the AgrMarketing program to help the organizations promote and market Canadian fish and seafood products to increase growth in the sector. Recipient organizations include:

- Atlantic Groundfish Council will receive up to $85,506...

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Ecuadorian Shrimp to Re-Enter Thailand Market Following Safety Protocol Implementation

The Ecuadorian government shared that those in the shrimp sector will again have access to the Thai market after the country formalized safety and biosafety protocols that are followed during the export process.

The Department of Fisheries for Thailand has allowed the entry of shrimp from 36 farms in Ecuador and Thailand will look to authorize more processing plants for export in the future.

Back in March 2021, Thailand temporarily suspended the imports of shrimp from Ecuador. Shortly after, the Undersecretary of Quality and Safety, of the Ministry...

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Norwegian Salmon Prices Up in April Behind Increased Demand, Less Access to Volume

The price of Norwegian seafood exports was up in April 2022 as the Norwegian Seafood Council cited rising global food prices, lower supply of popular species and the continued reopening of foodservice markets.

During April, the country exported NOK 11.3 billion ($1.2 billion) in April, a 33% jump compared to April of last year.

“Higher prices for our key species such as salmon, cod, trout and haddock are the biggest contributors to value growth this month,” said Børge Grønbech, Acting CEO of the Norwegian Seafood Council...

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U.S. Becomes Largest Growth Market for Norwegian Seafood Through Q1

A look at seafood exports from Norway through the first quarter of 2022 saw the U.S. become the largest growth market for seafood products from the country, according to the Norwegian Seafood Council.

During Q1 seafood exports to the U.S. jumped by NOK 785 million (US$90 million) to a total of NOK 2.6 billion with France and China following behind them. The U.S. accounted for 38% of direct exports in the quarter.

The Council noted that a slow start to the Pacific cod season in Alaska...

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