Fish and fishery products represent one of the
most extensively traded commodities in the world
with more than 40 per cent of fish output traded
internationally at an export volume of almost US$
60 billion.1
Trade in fish and fishery products can
play a key role in the development strategies of
many developing countries. Developing country
trade in fish products has been increasing rapidly
in recent years, both in real terms and as a share
of the total value of global trade.2
Furthermore,
developing countries account for a large part of
production, producing nearly three times as much
fish as developed countries