Question

1.IMPORT AND EXPORT VALUES OF FISH PRODUCTS FOR DIFFERENT REGIONS, INDICATING NET DEFICIT OR SURPLUS

2.What are five take-always from reading the report entitled: The state of world fisheries and aquaculture?

Answer 1

Answer (1) : Fish and Fish products are a major component of the Trade for the United State. In the late few years, the import of sea food in to the country has increased tremendously. The years 2017-2018, the import of Fish products and sea products in to the country was the highest. The import of fishery products can be tracked by the recorded data when the products enter the market in the country. Out of the total imports, a certain amount of the fishery products goes in to direct consumption in to the local markets. The record of the local market consumption of these products are obtained from the local records maintained in the market entry dataset. Once the products enter the market for consumption, they are then distributed among the various large distributors who take up the responsibly of re-distributing the products to the different regions as per the demand from the various regions. A major chunk of the total fishery products imports in to the Country are taken for further processing. A variety of fish products are manufactured with the fish and its products. These manufactured products are then taken for sale in the local markets and furthermore for exports to the foreign countries. The total export of fish and its products constitute a major chunk of the total export of the fishery products from the country. In addition to this, there are a number of fish species and products which are specifically and abundantly found in the United States.

Answer (2) : The Government publishes a statistical analysis of the fisheries and aquatics within the country in ‘The State of World Fisheries and Aquaculture’. It gives a detailed outline of the total import, export and re-import of the aquatics and specifically the fish products. From the latest State of Fisheries and aquaculture, we can have the following takeaway’s: The total aquaculture production, including fisheries, throughout the world was nearly 81.01 million tons, which has risen by about 6% since 2001. Out of the total global aquaculture production, fish and fisheries products constitute a major chuck, which is about 46.09%, which is also up by about 25% since the year 1998. Another astonishing take away from the report is that an average individual in the United States consumes about 18 kg of fish per year, where as the consumption of fish and fish products in the Asian countries is much higher. In the Asian countries an average individual consumes about 191 kg of fish per year. Another takeaway was the high projection of the aquaculture by the year 2025. It is expected that the Fisheries and aquaculture production would further rise to about 106 million tons by 2025.