GLOBAL - Dr Audun Lem, chief of the Fish Products, Trade and Marketing branch (FIPM), Fisheries and Aquaculture Department of the Food and Agriculture Organization (FAO), has given an overview of the role of fish trade in today’s global markets.
The seafood industry is becoming increasingly globalized. Between one third and 40 per cent of all fish produced is now traded internationally, making fish and fisheries products one of the most traded food commodities in the world, reports the FAO.
This growth has important implications for those in developing regions, as much of what is consumed in the major developed markets is produced and processed in developing countries before being exported.
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