Norwegian fishing industry suffers

2003 was a poor year for the Norwegian fishing industry. Even thought, the export of salmon reached a record high, the sale fell dramatically.

Norway exported seafood for a total of NOK 26.6 billion (USD 4 billion) last year, according to Eksportutvalget for fisk. The fall equals 8.5 percent, or NOK 2.4 billion (USD 369 million) less compared to 2002.

The fishing industry breeding salmon was the only sector that could record an increase in the export in 2003. The export of cod, mackerel, and herring decreased the most.

Russia is the market which is increasing its import of Norwegian seafood goods the most, but the increase could not equal out the decrease in important markets like Japan, Great Britain and the United States.

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