2025 Economic Value of Alaska Seafood
The 2025 edition of The Economic Value of Alaska’s Seafood, a collaborative update by the Pacific Seafood Processors Association, the United Fishermen of Alaska, and the Alaska Seafood Marketing Institute, provides a critical update on the economic significance of one of the state’s most vital industries. The analysis is primarily based on ASMI’s Economic Impact of Alaska’s Seafood Report (2024, McKinley Research Group), supplemented by updates from NOAA and MRG, and is being shared with state and federal policymakers.
Alaska’s seafood industry remains a cornerstone of the state’s economy, serving as the primary driver of jobs, wages, and tax revenue in many coastal communities. The seafood industry directly employed 48,000 people on average in 2021/2022 and created an additional 8,200 full time equivalent jobs in the state. Alaska’s commercial fisheries employed 20,900 fishermen, 59% of which were Alaska residents. However, the industry has faced significant financial challenges, with an estimated $1.8 billion economic loss from 2022 to 2023.
The two-page report is available as a resource to view and download.
