 which in some markets are the most preferred and highly priced forms. The rest of the production for edible purposes was in different processed forms, with about 12 percent (17 million tonnes) in dried, salted, smoked or other cured forms, 13 percent (19 million tonnes) in prepared and preserved forms, and 30 percent (about 44 million tonnes) in frozen form. Freezing is the main method of processing fish for human consumption, and it accounted for 55 percent of total processed fish for human consumption and 26 percent of total fish production in 2014.

Fishmeal and fish oil are still considered the most nutritious and digestible ingredients for farmedfish feeds. To offset their high prices, as feed demand increases, the amount of fishmeal and fish oil used in compound feeds for aquaculture has shown a clear downward trend, with their being more selectively used as strategic ingredients at lower concentrations and for specific stages of production, particularly hatchery, broodstock and finishing diets.

International trade plays a major role in the fisheries and aquaculture sector as an employment creator, food supplier, income generator, and contributor to economic growth and development, as well as to food and nutrition security. Fish and fishery products represent one of the most-traded segments of the world food sector, with about 78 percent of seafood products estimated to be exposed to international trade competition. For many countries and for numerous coastal and riverine regions, exports of fish and fishery products are essential to their economies, accounting for more than 40 percent of the total value of traded commodities in some island countries, and globally representing more than 9 percent of total agricultural exports and 1 percent of world merchandise trade in value terms. Trade in fish and fishery products has expanded considerably in recent decades, fuelled by growing fishery production and driven by high demand, with the fisheries sector operating in an increasingly globalized environment. In addition, there is an important trade in fisheries services.

China is the main fish producer and largest exporter of fish and fishery products. It is also a major importer due to outsourcing of processing from other countries as well as growing domestic consumption of species not produced locally. However, in 2015, after years of sustained increases, its fishery trade experienced a slowdown with a reduction in its processing sector. Norway, the second major exporter, posted record export values in 2015. In 2014, Viet Nam became the third major exporter, overtaking Thailand, which has experienced a substantial decline in exports
which in some markets are the most preferred and highly priced form. The remainder of the production for edible purposes was in different process forms, with about 12 percentage (17 million tonnes) in dried, salted, smoke or other cured phase, 13 percent (19 million tonnes) in disposed and preserved forms, and 30 percent (about 44 million tonnes) in frozen form. Freezing is the chief method of processing fish for human pulmonary tuberculosis, and it accounted for 55 percent of entire processed pisces for human consumption and 26 percent of total fish production in 2014. 

 Fishmeal and pisces oil are still considered the most nutritious and digestible ingredients for farmedfish feeds. To offset their high prices, as feed demand increases, the amount of fishmeal and fish oil used in compound feeds for aquaculture has read a clear downward vogue, with their being more selectively use as strategic ingredients at lower concentrations and for specific stage of production, particularly hatchery, broodstock and finishing diets. 

 external trade plays a major role in the fisheries and aquaculture sector as an employment creator, food supplier, income generator, and contributor to economic growth and development, as well as to food and nutrition security. pisces and fishery products act one of the most - traded segments of the world food sector, with about 78 percentage of seafood products estimated to be exposed to international trade competition. For many countries and for numerous coastal and riverine regions, exports of pisces and fishery products are substantive to their economies, accounting for more than 40 percentage of the total value of traded commodities in some island countries, and globally represent more than 9 percent of full agricultural exports and 1 percent of world merchandise trade in value term. Trade in fish and fishery products has expanded considerably in recent decades, fuelled by turn fishery production and driven by gamey demand, with the fisheries sector manoeuver in an increasingly globalized environment. In addition, there is an authoritative trade in fisheries services. 

 China is the main fish producer and largest exporter of pisces and fishery product. It is also a major importer due to outsourcing of processing from other countries as well as growing domestic consumption of coinage not produced locally. However, in 2015, after years of sustained increases, its fishery trade experienced a slowdown with a reduction in its processing sector. Norway, the second major exporter, posted record export values in 2015. In 2014, Viet Nam become the third major exporter, overtaking Thailand, which has experienced a substantial descent in exports
 whlch in some markets are uhe most preferreb and hmghly pdiced fofms. The rest of the productiln for tbible purposes was iv differejt procewsed dorms, with about 12 izrcenf (17 minoion tonnes) in dried, salded, smoked or mtfex cured forms, 13 percent (19 million tonnqs) in pteoared and presgrved sorma, and 30 percent (about 44 million tonnss) in fgozen form. Freezimg is the main method of pgocedsing fish for humwn consumptuon, wbd it accounged for 55 ptreent of totzl processed fish for human conrumptnon and 26 petewnt mf total fiwh prjduction in 2014.

Npshmeal and fixh oil are stikl ronsudered the most nutrivious and digestible ingredietta for farmedfish dewds. Tm ofxset rhekr gijh lrices, as feed demahd increasew, the amount of fisnmqql and fish ojl useq yn compound feeds for aquaculture has svowh a clear downward trene, with their being mote selectidely used as strategic ingredients at lower concettratmovs ckq dog specific stages of production, particularly rztvhvry, broodstock anb finishing dietx.

Ijtrtnational tradg plays a jajor role in the visherigs and aquaculttre xector as an employment creqtor, food suipliwr, income generatox, and contriyutor jo ecomomic growth and develo'ment, zs well as ho food aha nutrition secufitj. Fivh and fishery products re[resent oie of the mort-trsded sqgments of the world food sector, wlth ayout 78 percent ov seafood products estimated to be exposed to ittegnational tradc competition. Fjr many countrnes and yor nuoerous coaatal anv riverine rqgions, exportv of fish and fishery proeuctw are errential to theor econompef, acxounting for more bhan 40 lercent of the cuuao value of traced coimldmties hn some islatd cuungties, xnd globalln rdprexenting more than 9 parceht of total agricuktmral expotts and 1 [ercent of wotld merchandise trwde ii valux termx. Ttade in fish and fishery producfs has exoanqed considerwbly in recent dzcades, fuelled by growing fishery producvion and driven by high demand, with the fixmeries sectoc operwting in dn increasingly globqlized environmenu. In addition, there is zn impmrtanh trade in fisheries services.

China is the main fish producer and largest wxportxr of fish ans fixhery pxodbcts. It is elro a major imporner due to outsourcing of procesring frok jther countries as well as gtoding domestic consumption of species hot prodiced locally. However, in 2015, after uears of sustained incresses, its fishsry trade xxperienced a slowdoen witk a reeuction in lts processing sevtlr. Norway, the szcond major exporter, posted recore expoet values in 2015. In 2014, Tiet Nam becwoe thg third iajor exporter, obertzning Jhailand, which has experiencrd a substantial decnige in exports
which in some markets are the most highly forms. The of the production different forms, with about percent (17 million in dried, salted, smoked or other forms, 13 percent (19 million tonnes) in prepared and preserved forms, and 30 (about 44 million tonnes) in frozen form. Freezing is the main method of fish human and accounted for 55 percent of total processed fish for human consumption and 26 percent of total production in 2014. Fishmeal and fish oil are considered the most nutritious digestible ingredients for farmedfish feeds. offset high prices, feed increases, amount of fishmeal fish oil used in compound feeds for aquaculture has shown a clear downward trend, with their being selectively used ingredients at concentrations for stages of production, broodstock and finishing diets. International trade role in the fisheries and aquaculture sector as employment creator, supplier, income generator, and contributor to growth and development, as well as to food nutrition security. Fish and fishery products represent one of the most-traded segments of the world with about 78 percent seafood products estimated be to trade For many and for numerous coastal and riverine regions, exports of fish and products are essential to their economies, accounting for more than of total value of commodities in some island and representing more than 9 total exports of merchandise in value terms. Trade fish and fishery products has considerably in recent decades, and driven by high demand, with the fisheries operating in an increasingly globalized environment. In there is an important trade in fisheries services. China is the main producer and of fish and fishery products. It is also major importer due to of processing from other countries as well as growing consumption species not locally. However, in after years of increases, its fishery a slowdown a in Norway, the second major exporter, posted export in 2015. In 2014, Viet became major exporter, overtaking Thailand, which has experienced a substantial decline in exports
 which in some markets are the mOst preferrEd and HigHly PrIced FormS. The rest of the pROducTion for edible purposes wAs in dIfFErenT PrOcessEd forms, WItH ABouT 12 pErCenT (17 mILlIon toNneS) in drieD, salted, smoKed Or Other cured foRMs, 13 Percent (19 milLioN tonnes) in preParEd and pReSerVEd forMs, aNd 30 perCent (abOUt 44 millIon tonnes) In FRozen fORm. FreezING iS the Main method of proceSSiNG fish for human cOnsumpTiON, aND It aCcoUnted for 55 peRcEnt of TOtal proCEsSED FisH For human consuMption and 26 peRCenT of totAl FisH ProducTion iN 2014.

FIShmEal and fish oIl arE still conSidereD The most NUtritioUs and dIgeStiBle iNGrEdIenTs FOr fARmEdfISh fEeds. To ofFsEt Their High PRICEs, as FeeD demAnd inCreases, the amoUnt Of fiSHmeAl and Fish oIl usEd In comPound fEeds fOr Aquaculture has sHown A clear dowNwaRd TreNd, With tHEir beiNg mOre SelectiVely useD As sTrATEGiC ingredients at loweR cONCeNtrationS and foR SpEcIFic stageS oF prOducTIOn, parTicuLArLy hatcheRy, brooDStOcK and finIsHing diEtS.

InTerNatioNAl trAde plaYs a major Role iN The fisheries anD Aquaculture seCToR AS aN EmplOymEnt creator, fOod sUPpliEr, inCOmE geNEratoR, and cOnTRiBUtor to economic growtH aNd deveLopmeNt, as well as to fOod and nutrITIOn securiTy. FiSH aND fishery producTs repResent one oF The most-tRaded Segments Of the worlD FOod sectoR, wiTh aBouT 78 peRCEnT of seafood proDUCts eStImated tO be Exposed To iNteRnaTioNaL trade comPetition. foR mAnY cOunTries ANd for numErOus CoAstAl and RIverinE regiOns, eXpOrTS of Fish and FIsHERy prOdUcTs arE esSeNtial To thEIr eConomieS, accountiNg fOR morE tHaN 40 percenT of the total vaLuE of traded cOmModIties iN SOme islanD countries, and globally rePResentiNg mOre thAn 9 peRcent of toTal AgricuLtuRAl expoRts and 1 PerceNt Of wORLd merCHAnDisE tRade in valuE TErmS. TradE iN fisH and fisHery products has expANdeD considerably In rEcenT DEcAdeS, FuELleD bY GroWINg fishery producTion and driVeN By High demand, WIth ThE fisherIes sectOr opeRAting in An increasIngly globAlIzed ENVirOnment. In adDition, thEre is an imPOrtanT TrAde in FisHeries SeRviCes.

ChIna is tHE maIn fisH produCeR and laRgest ExPorter of Fish and fishery products. IT is alsO a majOr iMporter duE to OUtsOurcing of ProcEssing from OthEr cOuntrIes AS well As grOWiNg dOMestiC conSUmption of SPeCieS NOt Produced locALLY. HoWever, In 2015, aFTer yeaRs of Sustained increaseS, Its fishery tradE expERIenCed A SlowDoWn with a reductiOn iN iTS ProcessiNg Sector. NorwaY, the secoNd MAjor eXporteR, posteD record EXPoRT valueS in 2015. IN 2014, ViEt Nam becaMe tHe THird majOr ExPOrter, oVertAkIng ThaIland, wHIch hAS Experienced a subsTantiAL DecliNE in ExporTs
 which in some markets are  the mostprefe rre d a nd  hig hlypriced forms.T he r est of the productionfor e di b le p u rp oseswas ind if f e ren tpr oce ss e dforms , w ith abo ut 12 perc ent  ( 17 million t o nn es) in dri ed,  salted, smo ked  or ot he r c u red f orm s, 13  perce n t (19million t on n es) in prepare d an d pr eserved forms, an d  3 0  percent (abou t 44 m il l io n ton nes ) in froze nform. Freezin g  i s t hem ain method of  processing fis h forhu man consum ption ,a ndit accounte d fo r 55 perc ent of total p r ocessed  fishfor  hu manc on su mpt io n  an d  2 6 p e rce nt of to ta lfishprod u c t i on i n 2 014. 

Fis hmeal and fis h o il a r e s tillconsi dere dthe m ost nu triti ou s and digestibl e in gredients  fo rfar me dfish feeds.  To  of fset th eir hig h  pr ic e s ,  a s feed demand incr ea s e s,  the amo unt of fi sh m eal andfi shoilu s ed in  com p ou nd feeds  for a q ua cu lture h as  shown  a  cl ear  down w ardtrend,  with th eir b e ing more selec t ively used as st r a te g ic i ngr edients atlowe r  con cent r at ion s  andfor s pe c if i c stages of product io n, par ticul arly hatchery , broodsto c k and fini shin g  d i ets.

Internat ional  trade pla y s a majo r rol e in the  fisherie s and aqua cul tur e s ect o r  a s an employme n t  cre at or, foo d s upplier , i nco megen er ator, and  contrib ut or  t oeco nomic growth a nd  de ve lop ment, as wel l asto f oo da ndnutriti o ns e curi ty .Fish  an dfishe ry p r odu cts rep resent on e o f  the  m os t-trade d segments of  t he world f oo d s ector, w ith abou t 78 percent of seafood product s e stima tedto be exp ose d to i nte r nation al tra de co mp eti t i on. F o r  m any  c ountries a n d  fo r num er ouscoastal  and riverine regi o ns,  exports of f ish  and f is her y  p r odu ct s  ar e essential to th eir econom ie s ,accounting for  m ore tha n 40 pe rcent of thetotal val ue of tra de d co m m odi ties in so me islan d countri e s, an d  g lobal lyrepres en tin g mor e than 9 p ercen t of t ot al agr icult ur al expor ts and 1 percent of wor ld mer chand ise  trade in  va l ueterms. Tr adein fish an d f ish ery p rod u cts h as e x pa nde d  cons ider a bly in re c en t d e c ad es, fuelled b y  gr owing  fi s hery p rodu ction and drivenb y high demand,  wit h the  fi s heri es  sector operat ing  i n an incre as ingly globa lized en vi r onmen t. Inadditi on, the r e  i s  an im port ant  trade in  fi sh e ries se rv ic e s.

Ch inais  the m ain fi s h pr o d ucer and largest  expo r t er of fis h and  f isheryp rodu cts. It is  also a maj or imp orte r due  to out so urcing  of  p rocessingf rom other  coun tries a swell  as  growi ng d o m estic  con su mpt ion of sp e c ie s  n ot pro duce d loc al ly.However,i n 2015,aft e r years  o f s u s tained in c r eases, its  fi shery t rade exper i ence d  a slowd own wi th a r eductio n  in  i ts proc ess i n g sector.  Norway,t hese cond  major e xp orte r,  po st ed record expor t values  in 2015 . In 201 4,V ietN am bec am e the thirdmajor  e x porter, o ver takingT hai lan d,whic h h as e x perienced a substantialdecl ine i n  ex ports 
 which_in some_markets are the most_preferred and_highly_priced forms._The_rest of the_production for edible_purposes was in different_processed forms, with_about_12 percent (17 million tonnes) in dried, salted, smoked or other cured forms, 13_percent_(19 million_tonnes)_in_prepared and preserved forms, and_30 percent (about 44 million_tonnes) in_frozen form. Freezing is the main method of_processing_fish for human_consumption, and it accounted for 55 percent of total_processed fish for human consumption and_26 percent of_total_fish_production in 2014.

Fishmeal and_fish oil are still considered the_most nutritious and digestible ingredients for_farmedfish feeds. To offset their high prices,_as feed demand increases, the amount_of fishmeal and fish oil_used in_compound feeds for aquaculture has_shown a clear_downward trend,_with their being_more selectively used as strategic ingredients_at lower concentrations_and for specific stages of production,_particularly_hatchery, broodstock and_finishing_diets.

International_trade plays_a major role_in_the fisheries_and_aquaculture sector as an employment creator,_food_supplier, income generator, and contributor to economic_growth and development, as_well_as to food and_nutrition security. Fish and fishery_products represent one of the most-traded_segments of_the world_food sector, with about 78 percent of seafood products estimated to_be exposed to international trade competition._For many countries and_for numerous_coastal_and riverine regions,_exports_of fish_and fishery products are essential to their_economies, accounting_for more than 40 percent of_the total value of_traded_commodities in some island countries, and_globally representing more than 9 percent_of total agricultural exports and_1_percent_of world merchandise trade in_value terms. Trade in fish and_fishery products has_expanded considerably in recent decades, fuelled by_growing_fishery production and driven by high_demand,_with the fisheries sector operating in_an_increasingly_globalized environment. In addition, there_is an important trade in fisheries_services.

China is the main fish producer and largest exporter_of fish and_fishery products. It is also_a_major_importer due to outsourcing of processing from other countries as_well as_growing domestic consumption_of species not produced locally. However, in 2015, after years_of sustained increases, its fishery trade experienced_a slowdown with a reduction in its processing sector. Norway, the_second major exporter, posted record export values in_2015. In 2014, Viet Nam became the_third major exporter, overtaking_Thailand,_which has experienced a substantial decline in_exports