Fish: Latest Global Market Stats
June 9th, 2008 by AndrewThe value of world exports of fish and fish products grew 9.5 percent in 2006 to US$86 billion and nearly 7 percent in 2007 to US$92 billion, according to the paper, presented to 60+ countries attending the 11th session of FAO’s Sub-Committee on Fish Trade (Bremen, Germany 2-6 June 2008).
The proportion of world fish production (145 million tonnes) that is traded internationally now represents 38 percent of the total, or 55 million tonnes, the paper noted.
Developing countries have confirmed their fundamental importance as suppliers to world markets, it added, accounting for 50 percent of all fish exports. Their net export revenues from this trade have reached a record high of US$25 billion.
Imports are mostly by developed countries, now responsible for 80 percent of all imports in value terms (US$96 billion).
More details available here.
An FAO fact sheet on the global Ffsh trade may be accessed here.
Tags: FAO, market
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