Somaliland Fishing Sector

The Fishing Sector in Somalia/Somaliland

January 1, 2013
Author(s): Kaija Hurlburt, Roberta Spivak Category: African Fisheries and Agriculture, Somalia Economy
Publication Type: Market Sector Report
  • Fishing is a highly profitable venture throughout the world; the tuna industry alone is worth $6 billion globally. Surveys of Somali waters show that there are significant fish stocks off the coast of Somalia—these waters are in fact considered to be some of the richest fishing grounds in the region. Many profitable species live in the waters off the coast of Somalia, data supported by the Sea Around Us Project, which studies the impact of fisheries on marine ecosystems across the globe.

    Among the more commercially valuable fish currently landed in Somali waters through both inshore and offshore fishing are the tropical spiny lobster, swordfish, and multiple species of tuna. Miscellaneous other species are also available, and those varieties combined comprise 81% of Somalia’s annual landings by tonnage, or 61% by value


Related Publications

wind energy in somalia

Wind Energy

October 1, 2012

Somalia’s and Somaliland’s difficult histories have hampered the development of infrastructure...

somali banking system

Somalia Banking: Transfers, Challenges And Opportunities

January 1, 2013

This paper is a primer that discusses the challenges and opportunities of Somali banking. A...

Beekeeping in Somalia

Regional Lessons Learned for Somalia in the Apiculture (Beekeeping) Sector

March 1, 2013

The Somali apiculture industry is still very much in its infancy, yet the potential to reap real...

Livestock Somalia and Ethiopia Border

Livestock Trade in the Djibouti, Somali and Ethiopian Borderlands

September 1, 2010

In the Somali-populated territories of the Horn, pastoralism and agro-pastoralism are the...

somali governance

LEGAL Frameworks governing SOMALIA’S current financial systems

July 1, 2013

The government framework for banking in Somalia was largely destroyed during the conflict of the...

land tenure somalia

Land Tenure in Somalia A Potential Foundation for Security and Prosperity

February 3, 2014

Land has been a source of both prosperity and conflict for Somalia. For generations, the region’...