ECONOMICS
ECONOMIC GROWTH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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United Kingdom
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Russia
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Germany
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None of the above
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Detailed explanation-1: -The United Kingdom is a net importer of fish. The United Kingdom’s crude trade gap in 2021 for sea fish is 305 thousand tonnes. This is higher than 2020 where the gap was 250 thousand tonnes. In 2021 the United Kingdom imported 655 thousand tonnes of sea fish, with a value of £3.1 billion.
Detailed explanation-2: -The total number of fishers in the UK was around 11, 000 in 2021, down from around 20, 000 in the mid-1990s. In 2021, 53% of fishers were based in England and Wales, 40% in Scotland, and 8% in Northern Ireland.
Detailed explanation-3: -Biggest companies in the Seafood Processing industry in the UK. IBIS World covers 2 companies in the Seafood Processing in the UK industry, including Young’s Seafood Ltd and Seachill UK Ltd.