Around 27,800 jobs are lost in the European Union each year due to illegal fishing activities. The job losses is equal to 13 percent of all jobs in the fishing industry in the EU.
Up to $1.4 Billion (€1.1 Billion) worth of seafood that was illegally caught is sold in the EU each year. The illegally caught fish makes up 16 percent of the regions total yearly catch.
Source: Gwen Guilford, “Can the EU stop South Korea’s fishing vessels from cheating it out of wages and jobs?,” Quartz, July 16, 2013.