Abstract
Bangladesh possesses a large wetland area comprising diversified fisheries resources. Fish and fisheries are an integral part of Bangladesh and have earned its importance due to immense export and revenue potential. The objective of this study was to investigate the trend of fish production, export and import of Bangladesh during the last two decades. Several reviews of the literature were done, numerical data was obtained from the Ministry of Fisheries and Livestock (MoFL), Department of Fisheries (DOF), Bangladesh Bureau of Statistics (BBS). The results showed that fish production has increased in Bangladesh during the last two decades, starting from 17.81 lakh metric tons in 2000–01 and reaching up to 41.34 lakh metric tons in 2016–17. Due to the gradual decline in capture fishery, a significant percentage of total production comes from aquaculture. Hilsha (Tenualosa ilisha) is the largest single-species fishery in Bangladesh which makes the highest contribution to the country's total fish production. Exports of the fish commodity in terms of quantity and value has declined in recent years due to food quality and safety standards. This study has highlighted the contribution of fisheries production in Bangladesh and trade to the country's economy. By paying more attention to the fisheries sector, Bangladesh can boost up its economy.
Highlights
The fisheries sector is one of the most productive and dynamic industries which have a tremendous potentiality for future development in the agrarian economy of Bangladesh
The information was collected through the available online database by using the following keywords ‘Fisheries resources’, ‘Inland and Marine fisheries’, ‘Legal issues’, ‘Export and Import’, ‘sustainable development goals (SDGs)’
Further information was collected through visiting different relevant institute, e.g. Bangladesh Fisheries Development Corporation, Directorate of Fisheries of the Bangladesh Government, Ministry of Fisheries and Livestock (MoFL) and Department of Fisheries (DOF), Bangladesh Bureau of Statistics (BBS)
Summary
Inland fisheries are covering an area of 47.60 lakh ha, which has two sub-sectors, i.e. inland capture and inland culture (FRSS, 2017). Marine capture fisheries cover an area about 1, 18,813 km along with 200 nautical miles of EEZ from the baseline (DoF, 2017). As an agro-based country, the contribution of fisheries to the national economy has always been essential and as the primary source of animal protein, employment opportunities, food security, foreign earnings and socioeconomic development (FRSS, 2017). It contributes 3.61% to Bangladesh national GDP and around 24.41% to the agricultural GDP (DoF, 2017). Bangladesh is self-sufficient in fish production and has started to get global recognition as one of the biggest fish producers among the countries (FRSS, 2017)
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