page_title: Fishing industry in South Korea
section_title: The Commercial Sector
hierarchical_section_title: Fishing industry in South Korea / Types of fishing in South Korea / The Commercial Sector
context_page_description: Until the 1960s, agriculture and fishing were the dominant industries of the economy of South Korea. The fishing industry of South Korea depends on the existing bodies of water that are shared between South Korea, China and Japan. Its coastline lies adjacent to ‘The Yellow Sea’, the ‘East China Sea’ and the ‘Sea of Japan’, and enables access to marine life such as Fish and Crustaceans.
context_section_description: The commercial fishing industry started to boom in the 1950s where 98% of the landings from commercial vessels were only operating in the South Korean Exclusive Economic Zones (EEZ). This numerically translates to approximately 216,000 tonnes of fish and other marine life. A majority of these fish during the 1950s were largehead hairtail. According to Korea’s Fisheries Sector Assessment, as of 2016, there were thirty-three operations that allowed both domestic and commercial fishing. These fishing operations mostly included trawl, purse seine, gillnet, angling, stow net and trap. In the year 1990 and onward, there were approximately 185 Korean commercial companies that operated around the world. Of these 185 Korean companies, they deployed over 800 fishing vessels.
caption: Largehead hairtail
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