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Fishing is one of the oldest forms of human production. The fishing industry arose in the 17th century as a sector of the food industry and now it is considered as one of the most profitable industry of the world.

Role of fish trade in the markets today:

Fish trade is very important for a number of reasons. First of all trade in fisheries product is much more important than any other food product. The fishery sector is incredibly globalized, it's incredibly international and incredibly vital meaning that the products may be produced in Senegal or Malaysia or Norway end up in factories and all the tables.

In countries thousand kilometers away from in fact where it was produced. So you have trade flows all over the world with fish products going from the source of the origin through production and processing through distribution channels and then in the end to the consumer. So this is one of the aspects that make it so exciting.

The second is that the most of the production in fisheries sector whether its
aquaculture or capture fisheries takes place in developing countries, so we have a situation in which developing countries to reduce, process and export much of all
the production and this is itself very important because through this export,
processing and the distribution a lot of economic value is generated through
jobs and other activities locally. So for that reason this trade is very important
for the economy of many of the countries of the world that really depend on fish production.

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