The local fishing industry along the affected coastline can suffer during long-lasting El Niño events. The world's largest fishery collapsed due to overfishing during the 1972 El Niño Peruvian anchoveta reduction. During the 1982–83 event, jack mackerel and anchoveta populations were reduced, scallops increased in warmer water, but hake followed cooler water down the continental slope, while shrimp and sardines moved southward, so some catches decreased while others increased.[12] Horse mackerel have increased in the region during warm events. Shifting locations and types of fish due to changing conditions provide challenges for fishing industries. Peruvian sardines have moved during El Niño events to Chilean areas. Other conditions provide further complications, such as the government of Chile in 1991 creating restrictions on the fishing areas for self-employed fishermen and industrial fleets.
The ENSO variability may contribute to the great success of small, fast-growing species along the Peruvian coast, as periods of low population removes predators in the area. Similar effects benefit migratory birds that travel each spring from predator-rich tropical areas to distant winter-stressed nesting areas.