The Seychelles fisheries industry contribute to SCR 62.1 million (1.2%) of the GDP. Take note that despite fisheries industry being a big industry in Seychelles, Its direct GDP contribution is very meagre. Most of the contributions are captured under the manufacturing Industry e.g. from the Indian Ocean Tuna factory.
The Seychelles Exclusive Economic Zone is permanently rich in tunas with an area of 1.4 million km². It yields over 25% of the total tuna catch in the western Indian Ocean. Port Victoria is the largest tuna transhipment in the world transacting 80% of the catch of purse seiners in the region. An overview of the fisheries Industry for 2006 GDP Contribution (Rupees): | 62.1 million (1.2%) | Foreign Exchange Inflows: | 47.8% of gross receipts | Indirect/Direct Employment creation No: | 6000 (approx.) | Indirect/Direct Employment Creation %: | 13% of Formal employment | full time/part-time fishermen No: | 1700-1800 (approx.) | Production of fish / fish products (MT): | 124,223 | Purse seine fishery catches in Indian Ocean (MT): | 389,936 | Purse seine fishery (fishing days): | 14, 551 | Purse seine fishery catch rates (Avg. MT/Fishing days): | 26.80 | Purse seine fishery Species Composition: | Skipjack (57%) / Yellow fin Tuna (38%) | Exports valued (fish & Fish products): | US$ 8,648 billion (39715 MT) |
Strategic key strenghts for the Seychelles Fisheries Industry Seychelles is the shortest distance to and from almost 90% of the tuna fishing grounds | Excellent Port Facilities and Services | 24 hr Operations | Excellent Strategic position for fuel efficiency | Tuna Stocks centred in and around Seychelles | Tuna Canning Plant | Net Repair Facilities |
Source: The National Statistic Bureau, SFA annual report, 2006 and SFA Head Office
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