Belize Aquaculture & Mariculture Industry
A High-Growth Investment Frontier
Industry Snapshot
Belize’s aquaculture and mariculture sector generates an estimated BZD $42 million (USD $21 million) annually in exports. It provides income for over 3,000 fisherfolk and supports approximately 15,000 subsidiary workers.
With the global ocean economy expected to double by 2030, Belize is a prime investment destination for sustainable marine resource development. (Source: Department of Fisheries 2023 & UNCTAD)
Current Fisheries Landscape
Capture Fisheries
High-value species include spiny lobster, queen conch, sea cucumber, and finfish. Lobster and conch fisheries are mature and well-established.
Markets: USA, Canada, Asia, Mexico, CARICOM.
Aquaculture Species
Species cultivated include Pacific White Shrimp, Nile Tilapia, and Cobia.
Locations: Coastal plains from north of Dangriga to Big Creek Port.
Markets: USA, Europe, Mexico, CARICOM.
Competitive Advantages
Guided by the Ocean Economy and Trade Strategy promoting sustainable blue economy expansion. (UNCTAD)
Subtropical north and tropical south create diverse aquaculture environments. Seawater temps 26.9°C–30.5°C.
Only 2 hours from the U.S. by air, ensuring fast delivery and premium product freshness.
High-Potential Investment Opportunities
Farming of Native & Exotic Species
Opportunities include river lobster, snook, blue crab, and exotic species like Australian red claw crayfish and Florida pompano.
Diversified Aquaculture Products
Seaweed, sea cucumber, finfish, and stone crab cultivation present lucrative diversification options.
Value-Added Processing
Invest in facilities to increase export value and profitability through processing and packaging.
Bioprospecting
Belize’s biodiversity offers high-yield opportunities for cosmetics and pharmaceuticals based on marine bioresources.
Optimal Production Systems
Marine Cage Farming
Protected Barrier Reef lagoons ensure operational stability.
Raft & Rope Culture
Ideal for oyster and seaweed cultivation along coastal waters.
Earthen Embankment Ponds
Suitable for coastal and inland aquaculture environments.
Freshwater Cage Farming
Expands aquaculture beyond marine systems using inland lagoons.