Think about it—the Total Economic Contribution of the National Fisheries Program:
$3.6 billion annually
. That's $70 million a week— $10 million a day. The return on investment is tremendous.
How much is the US fishing industry worth?
The fishing sector in the United States was valued at
10.05 billion U.S. dollars
in 2020, down from the previous year's size of 10.11 billion U.S. dollars. The sector was forecast to reach 10.58 billion in 2021.
How much money worth of fish does the US consume?
Both commercial and recreational fisheries play an enormous role in the U.S. economy. In 2019, U.S. commercial fishermen landed 9.3 billion pounds of seafood valued at
$5.5 billion
.
How much money does fishing generate?
$39.5 billion
in overall economic output is generated annually. Fishing produces $16.4 billion in state and federal tax revenues. More than 826,000 jobs are supported by recreational angling.
Is fishing good for the economy?
Saltwater recreational fishing supported 472,000 jobs, generated $68 billion in sales impacts across the economy, and contributed $39 billion to the GDP
, all metrics that increased 7 percent from 2015 measurements.
How much fish is caught per year?
It has been estimated that between
0.97 to 2.7 trillion
fish are caught from the wild and killed globally every year: This doesn't include the billions of fish that are farmed.
What is the most valuable fishery in US waters?
The Port of New Bedford, Massachusetts
is America's #1 Fishing Port with fish landings valued at $369 million. Each year, there are nearly 50 million pounds of sea scallops landed there. The striped bass was driven to low levels early in the 1980s.
What is the current status of US fisheries?
U.S. commercial fisheries landed 9.3 billion pounds of seafood valued at $5.5 billion in 2019
. Saltwater recreational fishing remains a key contributor to the national economy with anglers taking more than 187 million trips in 2019.
How much is the fishing industry worth worldwide?
In 2018, global fisheries and aquaculture amounted to approximately 179 million tons, with a “first sale” value estimated at
US$401 billion
, generating over US$164 billion in exports, including 60 percent from developing countries.
How much fish does the average American eat 2020?
Americans' weekly consumption of seafood has stayed around
5oz per week
for the past 30 years, less than the recommended 8oz per week. Researchers estimate that only 10% to 20% of U.S. consumers meet the federal Dietary Guideline.
Which state eats the most fish?
Tripura and Lakshadweep
have been identified as maximum fish consuming states in India. These are followed by other states like Goa, Arunachal Pradesh, Kerala, Andaman Nicobar and Dadra & Nagar Haveli. In Arunachal Pradesh, rural consumption (2.18kg per person) is more than urban consumption (1.119 kg per person).
What is the most consumed fish?
The latest report by the UN shows that tuna is the world's most consumed and the second most wild caught fish in the world.
How much does fishing contribute to GDP?
The fisheries and aquaculture production contributes around
1%
to India's Gross Domestic Product (GDP) and over 5% to the agricultural GDP.
How does fish contribute to the economy?
Fish products contribute to food security both directly –
by providing animal protein and nutrients
– and indirectly, by providing a source of income to fisherfolk and the state.
How many fishermen are in the United States?
There are approximately
60 million
anglers in the U.S. of which 46 million are estimated to fish in a given year. Anglers generate $48 billion in retail sales. Recreational fishing has a $115 billion impact on the nation's economy.
How many jobs does the fishing industry provide worldwide?
Number of people working in fishing and aquaculture worldwide 1995-2018. This statistic depicts the number of people engaged in fishing and aquaculture worldwide from 1995 to 2018. In 2018, the number of people working in fishing amounted to around
38.97 million
. Some 20.53 million were engaged in aquaculture.
How much money is spent on fishing each year?
Anglers took 383 million fishing trips during the year and spent
$46.1 billion
on fishing-related expenses. That's according to the U.S. Fish & Wildlife Service's 2016 National Survey of Fishing, Hunting, and Wildlife-Associated Recreation.
Are fish going extinct?
Freshwater fish populations are collapsing.
Nearly 1/3 of all freshwater fish are threatened with extinction
. In 2020 alone, 16 freshwater fish species were declared extinct. Since 1970, mega-fish—those that weigh over 66lbs—have declined in number by 94% and migratory freshwater fish saw a 76 % decline.
Which country is the largest fish producer?
In addition to being by far the major fish producer,
China
has also been the main exporter of fish and fish products since 2002.
What percent of the world eats fish?
Currently, 3.2 billion people rely on fish for almost
20 percent
of their animal protein intake.
What is the fishing capital of the US?
Fishing is one of the most popular outdoor recreational activities in the United States. Whether you fish as a hobby or a sport, fishing can be an adventure, taking you to ever more exciting waters to discover new underwater worlds and new fish.
Islamorada is often considered the sportfishing capital of the world
.
Where does the US get its fish?
Top Imports
The United States mainly imports seafood from
China, Thailand, Canada, Indonesia, Vietnam, and Ecuador
. Our top imports (by volume) include shrimp, freshwater fish, tuna, salmon, groundfish, crab, and squid. Check out U.S. foreign trade(link is external) statistics.
How much money does the fishing industry make in Canada?
The industries that generated the most GDP in 2018 were fishing and seafood (
21.1% of total GDP
), transportation (20.8%), and oil and gas (20.8%). Between 2014 and 2018, employment grew by 11.6% from 267,278 to 298,333 and GDP increased 12.3%, from $32.1 billion in 2014 to $36.1 billion in 2018.
