Fishing Industry Highest Revenue in a Decade

BASSETERRE — Good news for the blue economy: St. Kitts and Nevis’ fishing sector recorded its highest revenue in ten years in 2024, reaching $19.6 million — a healthy jump from $15.5 million the previous year.

Official figures confirm the strong performance, which is providing a welcome boost to food security and local livelihoods across both islands. Licensed fishers say targeted government support measures are making a real difference on the ground.

At the Basseterre Fisheries Complex, fishers benefit from a reliable one-stop selling point for their entire catch, free ice, and duty concessions on new boat engines, fishing gear, and equipment. These practical incentives are helping operators reduce costs and increase efficiency.

Local fishers Lorinston Jenkins (Manager, Basseterre Fisheries Complex) and Iroy Marshall explained the advantages clearly:

“You get your whole catch sold at once, free ice, and duty-free support when it’s time to upgrade engines or gear.”

Supervisor Deslyn Liburd at the Old Road Fisheries Complex echoed the sentiment, encouraging more fishers to take advantage of the facilities and concessions.

The increased revenue reflects growing demand for fresh local seafood, better market access, and stronger operational support for our fishing community. For many families in coastal areas like Old Road, Sandy Point, and Nevis, fishing remains a vital source of income and nutritious food.

This milestone comes at an important time as the Federation continues to develop its blue economy and reduce dependence on imported protein. Healthier fish stocks, improved facilities, and ongoing support programmes are helping to sustain the industry for the long term.

Fisherfolk and residents are encouraged to continue buying local seafood, which directly supports our fishers and keeps money circulating within the St. Kitts and Nevis economy.