Faroese Fish Export 2025 – A Year in Review

Eva Andrésen
14 minutes ago
3 min read

The year 2025 marked a period of both growth and strategic challenges for the Faroese fishing industry. Newly released export figures reveal an evolving competitive landscape in global seafood markets, where tariff levels, export volumes, and value growth all play significant roles in shaping the outlook for Faroese fisheries.

Key Findings

Higher Tariffs Than Nordic Competitors

On average, Faroese fish products faced a 10.05% tariff in international markets.In comparison:

Norwegian fish: 7.22%
Icelandic fish: 7.20%

This difference highlights a persistent competitive disadvantage for Faroese exporters, who continue to encounter higher trade barriers in key markets.

Export Value Increased

Despite tariff challenges and reduced volumes, the total export value grew significantly.

2024: DKK 11.4 billion
2025: DKK 12.8 billion
This represents a 12.3% increase, driven largely by strong market prices and robust demand in major export destinations.

Export Volume Declined

In contrast to the financial gains, total export volume fell:

2024: 559,000 tonnes
2025: 523,000 tonnes

A decrease of 6.4%, indicating tighter supply, shifts in species composition, or other production‑related factors.

About the Report

As a Faroese company operating in an industry of significant national interest, transparency and public access to vital economic data. is of utmost importance. With the release of the official 2025 export statistics—and their integration into the analytics platform—Nordic Fish Exports chose to publish a general, publicly available export report.

This publication aims to support a deeper understanding of:

Trends shaping Faroese fish exports
Competitive positioning within the Nordic region
How fisheries and aquaculture businesses navigate global markets
The impact of tariffs and market dynamics on export performance

The broader mission is to enhance insight into Nordic seafood trade and strengthen the region’s ability to secure competitive advantages in international markets.

Access the Full Report

Download the PDF (in Faroese):Fiskaútflutningur Føroya 2025.pdf

Jákup Holm Johannesen, CEO and founder of Nordic Fish Exports

The platform delivers a sophisticated, point‑and‑click environment that visualizes export flows, tariff frameworks, and market access conditions for fish exports from the Faroe Islands, Greenland, Iceland, and Norway. By merging vast amounts of trade data into a single integrated system, the service equips exporters, institutions, and policymakers with the analytical power required to make informed, data‑driven decisions.

This launch represents a groundbreaking advancement in the fishing data industry, an area traditionally challenged by fragmented datasets and limited visualization tools.

NordicFishView bridges this gap by offering real‑time intelligence, cross‑market comparisons, and clear visual insights—all within seconds. The result is a substantial improvement in how organizations can interpret market dynamics, evaluate opportunities, and respond to shifting trade environments.

As a service developed and operated in the Faroe Islands, the platform underscores the nation’s growing role as a digital innovator within the maritime and aquaculture sectors. It reflects a strategic movement toward integrating technology with traditional industries, strengthening the region’s competitiveness on the global stage.

Nordic Fish Exports will continue to expand its capabilities and dataset coverage as part of its long‑term commitment to supporting smarter, more transparent trade across the North Atlantic. The company’s work stands as a strong example of how Faroese entrepreneurship and sector expertise can drive meaningful advancements within a complex, data‑intensive industry.

(Myndir nordicfishexports)