Over the last decades a significant shift in world trade of fish and fish products from the developed North to developing South has occurred. Presently, the developing countries export almost 50 percent of their production to the developed nations, and they import only 15 percent of their total fish requirements. Net exports from the developing countries increased by 230 percent, from US$ billion in 1980 to US$ 16.5 in 1999 (Delgado and Courbois 1999) On the other hand, the developed countries imported more than 80 percent of world imports in value and the EU, USA and Japan together imported 77 percent (FAO 2001) Other important markets for fish are China, People's Republic of Korea, and the Eastern European transitional states.
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