IN BRIEF - South Korea’s Imports of Norwegian Seafood Decline 6% by October
SOUTH KOREA
Tuesday, November 12, 2024
In October 2024, South Korea’s imports of Norwegian seafood experienced a slight year-on-year decrease.
Monthly imports for October totaled 3,779 tons, marking a 21% increase from 3,112 tons in October 2023. However, cumulative imports from January to October reached 54,853 tons, down 6% from 58,531 tons over the same period last year, representing 7% of South Korea’s total seafood imports of 732,192 tons.
Imports by Product:
Frozen mackerel: Imports fell to 24,082 tons, a 14% decline from last year’s 28,033 tons.
Frozen mackerel fillets: Imports saw a notable drop of 27%, reaching 3,745 tons compared to 5,141 tons in 2023.
Fresh Atlantic salmon: Imports totaled 13,256 tons, down 11% from 14,965 tons last year. However, imports of fresh Atlantic salmon fillets surged to 3,330 tons—a remarkable 253% increase from 943 tons in 2023.
The import value of Norwegian seafood in October rose to USD 38.62 million, a 25% increase from USD 30.89 million last year. Nevertheless, the cumulative import value for 2024 reached USD 436.67 million, down 5% from USD 460.26 million in 2023. The average import price rose slightly, increasing by 1% to USD 7.96 per kilogram compared to USD 7.86 per kilogram last year.
Myanmar earned more than US$278.9 million from fishery exports during the first nine months of the 2025–2026 financial year (April–December), according to the Department of Fisheries.
Over 227,000 metric tonnes of seafood were exported to more than 40 countries, including China, Thailand, Bangladesh and Japan, through both maritime routes and land border trade channels.
Of the total volume, more than 113,500 metric tonnes were shipped by sea, generating an estimated US$177.5 million. A further 114,000 metric tonnes, valued at about US$101.36 million, were exported to neighbouring countries via land borders.
In the previous 2024–2025 financial year (April 2024–March 2025), Myanmar’s fishery exports totalled around 400,000 metric tonnes, earning approximately US$421 million.
Key export products include hilsa, rohu, river catfish, seabass, eel, shrimp and crab, according to the Myanmar Fisheries Federation. The sector is supported by more than 140 cold storage facilities nationwide, with
The MSC's 2025 yearbook confirms that half of the global catch is already certified, but warns of the challenge of extending management agreements and fishing strategies in shared fisheries.
The tuna market is experiencing a quiet acceleration: more traceable product, greater demands for sustainability from large retailers, and a notable increase in the certified supply for consumers. The Sustainable Tuna Yearbook 2025, published by the Marine Stewardship Council (MSC), quantifies this trend and paints a picture of an industry in transition
The Minister of Rural Affairs, María José Gómez, has asked the Minister of Agriculture, Luis Planas, what additional "control measures" will be implemented to enforce the agreement between the EU and the Mercosur countries. She made these remarks prior to the Sectoral Conference on Agriculture and Fisheries and the Advisory Council on Agricultural and Fisheries Policy for Community Affairs, which she attended remotely, as did her counterpart in Fisheries, Marta Villaverde. As reported by Europa Press, the Minister of Rural Affairs noted that livestock farmers are demonstrating in Galicia and other regions "because it is an agreement that is causing great concern and uncertainty in the sector."
Source: La Voz de Galicia | Read the full article here
Japanese seafood giant, the Nissui Corporation, has announced a series of changes to its board of directors and executive officers, following a resolution at a board meeting held on 19 January.
The company said chairman of the board Shingo Hamada will retire from his role as representative director upon the expiry of his term as a director. His retirement is scheduled to take effect at the conclusion of Nissui’s 111th ordinary general meeting of shareholders on 25 June.
Source: SalmonBusiness | Read the full article here
Chile is expecting modest salmon export growth this year, but that prediction was made before President Donald Trump’s latest tariff threat against other salmon producing countries.
Chile is unlikely to be paying higher tariffs at least until later in the year.
The Chilean salmon industry is forecast to grow by around 4.2% in 2026, says analyst Cristian Delgado, a PhD student in Economics and Business and academic at the San Sebastián University on the Patagonia Campus.
The prediction is based on projections from the Chile Central Bank.
Author: Vince McDonagh / Fish Farmer | Read the full article here
Russia has fully transitioned its fishing fleet to domestic satellite systems for vessel monitoring, abandoning foreign networks as of January 1, 2026.
Accordingto the Federal Agency for Fisheries, fishing vessels now transmit location data exclusively via Russian orbital constellations—Gonets, Yamal, and Express—to the Industry Monitoring System (IMS).
The move follows Order No. 250 of the Ministry of Agriculture, which ended the use of British Inmarsat satellite stations as technical monitoring equipment on ships. Authorities say the switch reduces the risk of vessels being disconnected from foreign satellite networks and strengthens uninterrupted operational oversight.
The transition, launched on May 13, 2024, lasted 18 months and involved the complete replacement of foreign-made shipborne monitoring stations with domestic ones. The new requirements apply to vessels with a gross tonnage over 80 tons and engine power exceeding 55 kW.
According to Alexander Mikhailov, head of the Fisheries Monitoring and Communications System Center, tests conducted in December 2025 showed that Gonets stations were more than twice as reliable as Inmarsat equipment in 2025. He added that the domestic system also significantly lowers communication costs for shipowners.
Oceana maintains that at least 105 large-scale fishing vessels owned by European citizens or companies operate under "flags of convenience," meaning countries considered tax havens or states that have received formal warnings from the European Union for failing to combat illegal fishing.
According to the NGO's new analysis, Spain accounts for the majority of these links: Spanish citizens or companies have legal or financial interests in 73 vessels flying the flags of these countries. Furthermore, the report's findings reveal a legal loophole that limits the ability of authorities to effectively monitor the involvement of Spanish and European citizens and companies in foreign-flagged vessels.
Source: Industrias Pesqueras | Read the full article here
The 20th CNA will be held in Vigo from June 1st to 4th
Since January 16th, paper submissions and registration for the 20th National Aquaculture Congress have been accepted. Under the theme "Returning to the Origins," the Congress will be held in Vigo, at the AFundación headquarters, from June 1st to 4th of this year. The deadline for paper submissions is May 15th, while registration for the Congress itself will also be open until May 15th.
As in previous editions, the Congress will serve as a meeting point and networking opportunity for researchers, government agencies, and businesses to showcase the R&D&I being developed in the sector
Source: iPac.acuicultura | Read the full article here
Organic certification body, the Soil Association, has launched a consultation about proposed changes to its standard for Scottish farmed salmon.
Last year the charity, which is the UK’s largest and most recognised certifier of organic produce, warned it would withdraw from the sector if meaningful progress was not delivered by summer 2026.
It has proposed a series of changes to its salmon standard following what it says is extensive research, including consultation with aquaculture experts, and these proposals are now available for anyone with an interest in salmon farming to comment on before the closing date on March 15.
Source: fishfarmingexpert | Read the full article here
Aquaticode and Cooke ESPAÑA enter agreement to develop and implement AI phenotyping for sea bass and sea bream. Hatcheries producing sea bass and sea bream have traditionally relied on manual visual assessment to identify weak or unviable fish at an early stage. This process is labour-intensive, highly variable, and provides little biological accuracy at the earliest life stages.Aquaticode has entered into an agreement with Cooke ESPAÑA to develop a new AI-based phenotyping product line aimed at supporting earlier and more consistent decision-making in bass and bream hatcheries.