page_title: Economy of Póvoa de Varzim
section_title: Fish industry
hierarchical_section_title: Economy of Póvoa de Varzim / Fish industry
caption_attribution_description: English: Póvoa de Varzim seaport. Póvoa de Varzim's seaport was built on the sheltered bay in the 1930s. Español: Puerto de Póvoa de Varzim. Português: Porto da Póvoa de Varzim.
context_page_description: The economy of Póvoa de Varzim in Portugal is driven by tourism, manufacturing, construction, fishing, and agro-business. During the 2001 census, 1770 companies are headquartered in Póvoa de Varzim, of which 2.82% were of the primary sector, 33.73% of the secondary and 63.45% of the tertiary. Despite its weight in Greater Porto international trade is weak, in 2004 it represented 1.1% of departures and 0.9% of arrivals, its coverage rate of arrivals against departures suppressed the 100% mark. The activity rate had grown from 48% to 51.1% from 1991 to 2001, but there were 3353 citizens unemployed in June 2006.
context_section_description: The fact that it is a seaside city has shaped Póvoa de Varzim's economy: the fishing industry, from the fishing vessels that put in each day to the canning industry and to the city's fish market, beach agriculture, seaweed-gathering for fertilizing fields, and tourism are the result of its geography. Tourism and the related industries are more relevant in Póvoa's economy these days, as fisheries have lost importance. Nevertheless, the mean value of fish landed in 2004, in its seaport, was almost three times that of Matosinhos seaport and significantly higher in the average vessels' capacity. Its fishing productivity is also comparatively higher than the national average. A Poveira is a traditional Povoan canning factory and most of its production, 80 to 85%, is exported and deals with high-end quality brands, such as Minerva, in canned sardines, mackerel and codfish, for MDC markets such as Japan, the United States, the United Kingdom, France, Italy, Scandinavia, Austria, Singapore and Australia and aims to triple the production to meet the demand. Other export market brands include: Poveira, D'Henry IV, and Ala-Arriba.
caption: Fishing vessels in the Port of Póvoa de Varzim.
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