Strong Faroese Seafood Industry Facing a Rough Ride
“In 2021 the Faroe Islands exported almost 147,000 tonnes of fish to Russia at a value of more than 2 billion DKK [278.4 million EUR]; that’s a large share of the country’s total exports of 524,000 tonnes at a value of slightly over 10 billion DKK [1.34 billion EUR]. So we’re roughly talking about one-fifth of the total value of our exports.”
said Dr. Unn Laksá, CEO of Blue Resource (Sjókovin), a not-for-profit research organization affiliated with the Faroese seafood industry
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