Fishing and aquaculture

isic code 03, 'Fishing and aquaculture', encompasses a vital industry that plays a crucial role in the global economy. This sector is responsible for the harvesting and cultivation of various aquatic species, including fish, crustaceans, mollusks, and other marine life. The industry's importance extends beyond its direct economic impact, as it provides a significant source of food, employment, and livelihood for millions of people worldwide.

The main production techniques used in the fishing and aquaculture industry involve a range of methods, including capture fishing, aquaculture, and mariculture. Capture fishing involves the use of various fishing gear, such as nets, lines, and traps, to harvest wild-caught species from oceans, lakes, and rivers. Aquaculture, on the other hand, focuses on the controlled cultivation of aquatic organisms in managed environments, such as ponds, tanks, or cages. Mariculture, a specialized form of aquaculture, involves the farming of marine species in coastal or offshore areas.

The fishing and aquaculture industry requires a variety of inputs, including fishing vessels, aquaculture equipment (e.g., ponds, tanks, cages), fishing gear (e.g., nets, lines, traps), and specialized labor. Additionally, the industry relies on access to suitable water bodies, as well as the availability of suitable aquatic species, feed, and other resources necessary for the cultivation and harvesting of these organisms.

The primary outputs of the fishing and aquaculture industry are various types of seafood, including finfish, crustaceans, and mollusks. These outputs are then consumed by other industries, such as 10 Food products, 46 Wholesale trade, and 47 Retail trade, which distribute and sell these products to consumers. The industry also generates byproducts, such as fish oil and fishmeal, which are used in the production of 10 Food products and 20 Chemicals and chemical products.