The Icelandic fishing fleet landed seafood with a total value just below ISK 118 billion (USD 1.1 billion, EUR 1 billion) in the 12 months from April 2016 to March 2017, a decrease of 17.5 percent year-on-year.
During this period, the value of the country’s demersal, flatfish, pelagic and shellfish catches decreased by 21.2 percent, 24.1 percent, 0.7 percent and 24.9 percent respectively, according to new figures published by Statistics Iceland.
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