The total value of the catch of Iceland’s vessels reached ISK 160.4 billion (USD 1.3 billion, EUR 981.6 million) in 2012, up from ISK 153.9 billion (USD 1.2 billion, EUR 942.2 million) in 2011.
The total value of demersal species accounted for ISK 96.5 billion (USD 765 million, EUR 591 million), with cod accounting for ISK 49.5 billion (USD 392 million, EUR 303 million) haddock for ISK 12.2 billion (USD 97 million, EUR 75 million) and redfish for ISK 14.5 billion (USD 115 million, EUR 89 million).
The total value of pelagic species accounted for ISK 46.7 billion (USD 370 million, EUR 286 million) and flatfish catches for ISK 10.6 billion (USD 84 million, EUR 65 million).