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In 2017, Marine Harvest ASA ranked first among fish farming companies in Norway. The seafood company, operating around the world, reached a revenue of roughly ** billion Norwegian kroner. Since January 2019, the company is known under the name Mowi ASA. It is the world’s largest supplier of farmed salmon. LSG ASA and SalMar ASA came in second and third place in the revenue ranking.

 Norwegian fishery industry

Throughout history, fishery has been a major industry in Norway. The country benefits from its long coastline with sea beds and fjords. All along this coastline, especially salmon farming is very common. It is the number one farmed animal in Norway, reaching a sales volume of roughly *** million metric tons of salmon in 2017.

International trade

  As one of the largest exporting countries of fish, the export value of fish and seafood increased strongly in the previous years. In 2017, the export value from Norwegian fisheries and aquaculture reached roughly ** billion Norwegian kroner. By comparison, the import value of fresh or frozen fish imported into the country was significantly lower, amounting to almost *** billion Norwegian kroner.