Fishing and aquaculture

NACE code 03 covers the fishing and aquaculture industry, a vital sector that plays a crucial role in the global food supply chain. This industry encompasses the capture of wild fish and other aquatic organisms, as well as the farming of various aquatic species. As a significant contributor to the economy, the fishing and aquaculture industry provides employment, sustains coastal communities, and supplies a wide range of seafood products that are consumed worldwide.

The main production techniques in the fishing and aquaculture industry involve the use of specialized vessels, equipment, and facilities. Commercial fishing operations utilize a variety of methods, such as trawling, purse seining, and longline fishing, to capture wild marine species. Aquaculture, on the other hand, involves the controlled cultivation of aquatic organisms, including finfish, crustaceans, and mollusks, in managed environments like ponds, tanks, or offshore cages.

The fishing and aquaculture industry requires a range of inputs, including fishing vessels, nets, and other specialized equipment, as well as feed, fertilizers, and other materials for aquaculture operations. Additionally, the industry relies on access to suitable water bodies, such as oceans, lakes, and rivers, as well as the availability of skilled labor and regulatory frameworks to ensure sustainable practices.

The primary outputs of the fishing and aquaculture industry are a diverse array of seafood products, including fresh, frozen, canned, and processed fish, crustaceans, and mollusks. These outputs are consumed by a wide range of industries, including 10 Manufacture of food products, 46 Wholesale trade, except of motor vehicles and motorcycles, and 47 Retail trade, except of motor vehicles and motorcycles, as well as by individual consumers.