Les perspectives de l'industrie des pêches portugaises

In the Portuguese national economy, the role of the fishing industry is very important, although its contribution to GDP (Gross Domestic Product) is only about 1%. This sector employs 41,724 fishermen and more than 50,000 people for all activities associated with fishing. The volume of exports ensures a relatively large in-flow of foreign currency. It must be emphasized that the fishing sector is the main supplier of raw materials for the conversion industries. Fish products supply up to 40% of the animal proteins meant for human consumption. Portugal is the leading consumer of seafood in Europe: 35 kg per inhabitant per year. Up until 1971 and for the period of 1978-1980, the trade balance of seafood was positive with an annual average of 168 MF from 1965 to 1970 and an annual average of 98 MF from 1978 to 1980.