The Falkland Islands (Islas Malvinas) boast a thriving fishing industry that forms the backbone of the territory’s economy, accounting for the majority of its exports and government revenue. The industry took off in the 1980s after the declaration of the Falkland Islands Interim Conservation and Management Zone, which allowed the government to regulate and license fishing in its rich surrounding waters. The top catches include the Patagonian squid (Loligo gahi), which is the most valuable and abundant species, along with various finfish such as hoki (Macruronus magellanicus), southern blue whiting, and Patagonian toothfish. The sustainable management of these resources, particularly squid, has been central to the industry’s success, with the Falklands renowned for their well-regulated fisheries that attract international fleets, especially from Spain and South Korea. Over the decades, the fishing industry has transformed the islands’ economy, shifting it from sheep farming to a modern, export-driven sector.
Rank | Fish Species | Metric Tons |
---|---|---|
1 | Patagonian squid | 100,545 |
2 | Argentine hake | 9,140 |
3 | Patagonian toothfish | 1,104 |
4 | Longtail Southern cod | 1,086 |
5 | Argentine shortfin squid | 562 |
6 | Southern blue whiting | 271 |
7 | Pink cusk-eel | 252 |
8 | Tadpole codling | 154 |
8 | Grenadiers nei | 154 |
10 | Patagonian scallop | 121 |
11 | Patagonian grenadier | 85 |
12 | Grenadiers, rattails nei | 71 |
13 | Channel bull blenny | 60 |
13 | Falkland sprat | 60 |
15 | Blue antimora | 37 |
16 | Narrowmouthed catshark | 28 |
17 | Rays, stingrays, mantas nei | 14 |
17 | Choicy ruff | 14 |
19 | Greater hooked squid | 12 |
20 | Jellyfishes nei | 8 |
21 | Butterfishes, pomfrets nei | 5 |
22 | Picked dogfish | 4 |
23 | Slender tuna | 3 |
24 | Greenland shark | 2 |
24 | Horned and musky octopuses | 2 |
27 | Patagonian redfish | 1 |
27 | Banded whiptail | 1 |
27 | Porbeagle | 1 |
Data from FAO. 2025. Global Capture Production. In: Fisheries and Aquaculture.