Fishing and aquaculture

NACE 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 economic value, as it also provides a significant source of food and employment for communities around the world.

The fishing and aquaculture industry utilizes a range of production techniques, depending on the specific species and the environment in which they are harvested or cultivated. Commercial fishing operations often employ methods such as trawling, purse seining, and longline fishing, while aquaculture facilities may use techniques like pond farming, cage culture, and recirculating aquaculture systems.

The key inputs required for the fishing and aquaculture industry include fishing vessels, nets, and other specialized equipment, as well as feed, water, and other resources necessary for the cultivation of aquatic species. Additionally, the industry relies on skilled labor, including fishermen, aquaculture technicians, and processing workers.

The primary outputs of the fishing and aquaculture industry are the harvested or cultivated aquatic species, which are then processed and distributed for consumption. These products may be sold fresh, frozen, canned, or in other forms. The outputs of this industry are often consumed by other NACE codes, such as 10 Manufacture of food products, 46 Wholesale trade, except of motor vehicles and motorcycles, and 47 Retail trade, except of motor vehicles and motorcycles.