Fish Subsidies and the Exploitation of the Oceans
Over-exploitation of Ocean’s Resources
80% of the world’s fish stocks are fully exploited or over-exploited. 1
In 2006, 36% of the total world fisheries catch was destined for non-food use. It was used for fish meal and fish oil for animal foods. 2
These small pelagic (open ocean), low-value fish form the bulk of fisheries catch destined for non-food uses with the aquaculture sector being the largest consumer utilising 26% of the total catch. These are often taken as a by-catch of fishing operations and varies depending upon location and season. Most of these small pelagic fish (73%) are anchovies, sardines, herrings, pilchards and related fish.
Several species are either fully-exploited or over-exploited, namely Peruvian anchoveta, Alaska pollack, skipjack tuna, Atlantic herring, blue whiting, chub mackerel, Chilean jack mackerel, Japanese anchovy, large head hairtail and yellowfin tuna. 3
Fishing Subsidies
Fishing subsidies greatly distort the fisheries market. In 2009: 4
- Global fisheries subsidies were estimated to be US$35 billion. The total revenue from the industry is US$90 billion.
- Harmful subsidies constituted US$20 billion consisting of fuel subsidies, management, port and harbour tax relief and equipment modernisation.
- US$11 billion is spent on beneficial subsidies such as research with the remaining having unknown impact.
US$ 35.4 billion of global fishing subsidies were provided in 2018. 64% (group C) were benedicial to the fishing industry in that it allowed a greater catch of the dwindling resource, whilst 30% (group B) were beneficial and 10% (group A) were ambiguous. 5
Last updated on Thursday 12 June 2025 at 14:59 by administrators
Post Type: postFootnotes
- United Nations. (2010, May). General facts regarding world fisheries.
- Tacon, A. G. J. & Metian, M. (2009) Fishing for Aquaculture: Non-Food Use of Small Pelagic Forage Fish—A Global Perspective. Reviews in Fisheries Science. 17 (3), 305–317.
- Tacon, A. G. J. & Metian, M. (2009) Fishing for Aquaculture: Non-Food Use of Small Pelagic Forage Fish—A Global Perspective. Reviews in Fisheries Science. 17 (3), 305–317.
- Sumaila, U. R. et al. (2016) Global fisheries subsidies: An updated estimate. Marine Policy. 69189–193.
- Schuhbauer, A. et al. (2020) The global fisheries subsidies divide between small-and large-scale fisheries. Frontiers in Marine Science. 7 (1), 792