Wealthy countries dominate industrial fishing
The vast majority of industrial fishing (defined as fishing vessels of over 24 metres) is done by vessels that are registered to relatively wealthy countries, according to a recent paper. Vessels registered to high income and upper middle income countries (according to World Bank classifications) accounted for 97% of industrial fishing effort in international waters and 78% of industrial fishing effort in the national waters of poorer countries. China, Taiwan, Japan, South Korea, and Spain together account for most of the fishing effort.