Sagvåg is a village in Stord municipality in Vestland county, Norway.

The village is located on the southwest coast of the island of Stord, about 5 kilometres (3.1 mi) west of the town of Leirvik.

The Stord Airport, Sørstokken lies about 2 kilometres (1.2 mi) northwest of Sagvåg.

Wärtsilä Norway AS has a factory in Sagvåg, producing automation systems for the marine industry.

There was considerable shipbuilding activities in Sagvåg up until the 1960s, building wooden fishing and whaling vessels.