Overview
The Panama Republic is a relatively small country in surface (75,000 Km2), but has a substantial biological potential as seafood producing country thanks to its geographic location. Panama coasts add up to 2,988 kilometers, 1,700 in the Pacific and 1,288 in the Caribbean. The continental shelf has an extension of 250,900 Km2 and the Exclusive Economic Zone reaches 319,188 Km2.
The fishing activity in Panama occurs mostly in the Pacific Ocean with 95% of the total. The Gulf of Panama upwelling during the dry season is the basis for the relevant fishing activities in the Panamanian waters. The industrial fishing operates in the Pacific Ocean and focus on shrimp, small pelagics for reduction, tuna, dolphin fish and finfish species, being the export markets the main objective. Except for tuna and dolphin fish, the rest of the target species are in critical status.
At the end of last century, the tuna and dolphin fish longline fishery had a strong and important evolution in terms of income and generation of jobs. The export of fresh tuna and dolphin fish initially, and later the frozen presentations were the factors boosting the Panama exports. The growing demand and the seasonal abundance of these transnational resources, generated the fishing effort increment with the inclusion of all kind of vessels, including shrimp trawlers transformed and adapted to the target species and market.
According to the IATTC, the tuna and dolphin fish stocks in the Eastern Pacific Ocean are not overexploited but close to their maximum yield. However, the generalized lack of biological information of the target species and the fishery environmental impacts difficult the design and implementation of harvest strategies and harvest control rules which would allow to maintain the target species populations at healthy levels, mitigate the environmental impacts and satisfy the increasing social and environmental responsibility demands at the markets for the Panamanian production.
The fishery being assessed is the Marpesca Panama longline fishery. The fishery operates in the Eastern Pacific Ocean high seas and Panama EEZ and targets yellowfin tuna (Thunnus albacares) and mahi-mahi (Coryphaena hippurus). The fishery is regionally managed by the Inter American Tropical Tuna Commission (IATTC).
The Panama Republic is a relatively small country in surface (75,000 Km2), but has a substantial biological potential as seafood producing country thanks to its geographic location.
Sustainable Fish Stocks: To ensure the catches of yellowfin tuna and mahi-mahi across the Eastern Pacific Ocean and Panamanian EEZ do not exceed sustainable levels by 2027.
Minimizing Environmental Impacts: To support the implementation of the ecosystem-based approach to fisheries management by 2027.
Effective Management: To strengthen governance systems in IATTC, and the fishery by 2027.
Be in place to enter MSC full assessment in 2027.
FIP at a Glance
32% | 25% | 14% | 29% |
This pie chart represents completed environmental actions. Non-completed environmental actions may contain completed sub-tasks that are not illustrated here. For more information on environmental action progress visit the Actions Progress tab.
- Complete
- Incomplete