In 2024, Indonesia leads the global share of fishing vessels with 45.07%, followed by China at 24.72% and Japan at 12.96%. The United States and Mexico account for approximately 4.8% and 4.84%, respectively. Other notable countries include Brazil (2.05%), Canada (1.05%), and various European countries like Greece (0.9%) and Italy (0.77%).
Year-on-year variations indicate Indonesia saw a slight decline of 0.61%, while China experienced a significant drop of 15.01%. Japan decreased by 2.72% and Mexico by 0.64%. Exceptional growth was observed in Brazil at 8.25%, whereas Canada decreased by 2.37%. Other European nations showed minor declines, with Estonia's share rising by 3.35% being a notable exception. Overall, most countries experienced slight year-on-year decreases.
Future trends to watch include the sustainability and regulatory efforts that could further decrease China's numbers, and potential growth in emerging markets like Brazil. Technological advancements and international fishing agreements may also influence the global distribution of fishing vessels.
Top countries in Total Number of Fishing Vessels Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 45.07 | 2023 | -0.65% | -0.61% | View data |
| 2 | 2 China | 24.72 | 2023 | -19.83% | -15.01% | View data |
| 3 | 3 Japan | 12.96 | 2023 | -2.93% | -2.72% | View data |
| 4 | 4 Mexico | 4.84 | 2023 | -0.79% | -0.64% | View data |
| 5 | 5 United States | 4.8 | 2023 | -0.35% | -0.22% | View data |
| 6 | 6 Brazil | 2.05 | 2023 | +7.72% | +8.25% | View data |
| 7 | 7 Canada | 1.05 | 2023 | -1.18% | -2.37% | View data |
| 8 | 8 Greece | 0.9 | 2023 | -1.45% | -1.03% | View data |
| 9 | 9 Italy | 0.77 | 2023 | +0.066% | +0.13% | View data |
| 10 | 10 Spain | 0.5 | 2023 | -4.14% | -2.74% | View data |
