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Salmon exports to Russia beat the records

Norwegian salmon for sale in a Russian food store. Photo: Trude Pettersen

The Russian appetite for Norwegian salmon seems unstoppable.

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In February, the export volumes of Norwegian salmon to Russia increased by almost 90 percent compared with the same month in 2010. A total of 10,800 tons were exported, a press release from the Norwegian Seafood Council in Russia reads. Also January was a great month for Norwegian fish in Russia. Then, a total of 10,200 tons of salmon was exported to the Russian market, a year-on-year increase of 57 percent.

Also Norwegian fjord trout is increasingly popular on Russian dinner tables. In one year, the monthly export of the fjord trout to Russia has more than doubled and in February 2012 totaled 2 700 tons.

While France in 2011 was the biggest single market for Norwegian salmon, Russia is now taking over the salmon throne. In the first two months of the year, the Russians imported at least 3000 tons more than the French, Kyst.no reports.

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However, the Russian prices on salmon remain well below the average. According to figures from Seafood.no, the Russian average price this year amounts to €3.65 per kilo which is significantly below the French price.

Read also: Russia urges Norway to restrict salmon fishery

The Norwegian exporters still make good money on their fish. In February, the total export value was €83,1 millions, an increase of 30,7 percent from €63,6 millions in 2011.