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Gulf Fisheries Economics



Gulf fisheries supply the nation with an abundance of seafood and recreational fishing opportunities, significantly contributing to the economic vitality of Texas, Louisiana, Mississippi, Alabama, and West Florida. The Gulf’s hardworking commercial fishermen harvest hundreds of millions of pounds of the domestic seafood eaten in the United States. In fact, the Gulf routinely supplies roughly two thirds of the nation’s domestic shrimp and oysters and a third of the nation’s domestic blue crab. Every year, more than three million recreational fishermen take millions of fishing trips in pursuit of catching one of the Gulf's unique species.

Landings (Dollars) ECONOMIC CONTRIBUTIONS (without imports)
 Landings (Dollars)

In 2012, Gulf commercial fishermen landed more than 1.6 billion pounds of finfish and shellfish, with revenues of more than $754 million. Revenue from commercial landings of Gulf finfish and shellfish varied throughout the five Gulf states in 2012—Louisiana dominated with $328 million, followed by Texas and West Florida with $194 million and $140 million, respectively. Mississippi’s commercial landings revenue totaled $49 million, while Alabama accounted for $43 million.

Ports

Four of the top 20 fishing ports in the United States are located in the Gulf (by landings revenue, 2012). Major Gulf ports, in order of importance are*:

  1. Empire-Venice, LA
  2. Galveston, TX
  3. Dulac-Chauvin, LA
  4. Brownsville-Port Isabel, TX

*These numbers include landings of menhaden (an important finfish used for industrial purposes, not seafood). Also, there may be certain leading fishing ports that have not been listed to preserve privacy.

Source: NOAA’s Fisheries Economics of the U.S. and NOAA’s Fisheries of the United States


Landings Summary Data:  
2006
  To:   
2014



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YearTotal Dollars
2006$691,220,009
2007$690,210,621
2008$663,847,717
2009$636,427,434
2010$624,628,617
2011$811,904,803
2012$745,822,037
2013$941,881,480
2014$1,060,237,490

 Economic Contributions (without imports)

Landings revenues extend past the dock and contribute to the local and regional economy through jobs and sales. Louisiana’s seafood industry, not including imports, generated 30,493 jobs in the state in 2012. In Texas, the seafood industry contributed 17,899 jobs, and in West Florida, 9,315 jobs. Alabama and Mississippi’s seafood industries contributed 9,272 and 8,449 jobs, respectively. Louisiana led the Gulf states in seafood sales, not including imports, with nearly $1.5 billion in sales in 2012. In Texas, seafood sales contributed nearly $1.1 billion to the economy. The seafood industries in West Florida, Alabama, and Mississippi generated around $824 million, $381 million, and $365 million in sales, in that order.

Source: NOAA’s Fisheries Economics of the U.S.






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YearStateSales
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2006Alabama$414,006,000
Louisiana$2,131,477,000
Mississippi$179,159,000
Texas$1,881,831,000
West Florida$831,301,000
View Chart by: 
Sales


TOTAL EXPENDITURES ECONOMIC CONTRIBUTIONS
 TOTAL EXPENDITURES

An average of 3.2 million anglers fished in the Gulf annually from 2003 to 2012, targeting top recreational species such as croaker, kingfish, seatrout, sheepshead, drum, snapper, flounder, mackerel, and mullet. In 2012, these anglers spent $10.4 billion on recreational fishing. Their total expenditures include trip expenses—those incurred by anglers when they go on a fishing trip—plus durable expenses for equipment such as boats and fishing tackle. Top durable expenses in the Gulf for 2012 were:

  • Boat purchases
  • Fishing tackle
  • Vehicle expenses
  • Second home expenses
  • Other equipment

West Florida led the region in 2012 in terms of total expenditures ($6.2 billion), followed by Louisiana ($1.8 billion), Texas ($1.5 billion), Alabama ($719 million), and Mississippi ($178 million).

Source: NOAA’s Fisheries Economics of the U.S. and NOAA’s Fisheries of the United States


Landings Summary Data:  
2006
  To:   
2014



Command item
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YearTotal Expenditures
2006$32,354,850,000
2007$28,859,160,000
2008$25,089,640,000
2009$20,222,494,000
2010$18,196,866,000
2011$19,564,288,000
2012$20,744,332,000
2013$23,014,968,000
2014$23,091,392,000

 ECONOMIC CONTRIBUTIONS

Angler expenses on trips and equipment contribute to the economy through jobs, sales, and value added (to the gross domestic product). In 2012, anglers’ total expenditures contributed 75,268 full and part-time jobs in West Florida, followed by Louisiana (16,972 jobs), Texas (13,944 jobs), Alabama (7,501 jobs), and Mississippi (1,649 jobs). In 2012, sales and value added contributions were greatest in West Florida.

Source: NOAA’s Fisheries Economics of the U.S.






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YearStateSales
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2006Alabama$630,182,000
Florida$7,823,752,000
Louisiana$2,382,034,000
Mississippi$490,501,000
Texas$4,197,010,000
View Chart by: 
Sales