Supporting the Policy Environment for Economic Development

Fishing Sector

The Competitiveness of Mozambique’s Fishing Sector

Mozambique’s fishing sector is already an important source of food, employment, and revenue for the country but its potential may not be fully tapped. At present, fishing operators complain of high operating costs. The oil crisis that began in 2004 and peaked in 2008 and the global financial crisis have had a very negative impact on fishing in Mozambique. As oil prices rose in 2008, more than half the country’s 59 industrial fishing vessels ceased operations. The financial crisis has reduced international demand for fisheries products, depressing prices as well as trade volumes for fisheries products. The international price of shrimp, Mozambique’s principal seafood export, has been especially affected. And there is reported to be a lack of capital for private and public investment in the sector.

This study of Mozambique’s commercial fishing sector will assist the CTA in developing strategies to help unlock some of the sector’s potential and determine policy measures to boost the competitiveness of Mozambican fishing entrepreneurs. The study assesses opportunities for investments and other interventions that will boost the competitiveness of Mozambique’s fisheries sector in the global market and raise the incomes of those involved in the catch and sale of fish for the domestic market, as well value addition by supply chain participants.

Drawing on existing data and reports, as well as interviews of public and private stakeholders, the study examines the structure of the fishery industry, namely export markets, the legal and institutional framework, opportunities for investment and value-adding interventions, and environmental issues and opportunities. Recommendations pertain to supporting and promoting a more competitive sector and attracting investment, domestic and foreign.

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