Supply Chain Roundtable

Global Squid

The Global Squid Supply Chain Roundtable (GS SR) focuses on engaging supply chains and local producers to develop and implement fishery improvement projects (FIPs) and monitoring the progress of current squid FIP efforts toward long-term sustainability of squid in domestic and international markets. The SR is composed of European and North American importers and buyers of squid from Asia-Pacific and South American squid fisheries.

The SR works to catalyze improvements in squid fisheries around the world. Current SR participants have expressed interest in FIPs in China (mitre squid and Japanese flying squid), Peru (jumbo flying squid), and Argentina (Argentine shortfin squid). Additional fisheries of interest that may be covered by this SR include Patagonian squid, jumbo flying squid in South America, and common squids in India.

Click here to see a list of all SR members.

Sector Snapshot

6 Squid FIPs

29 Roundtable Participating Companies

2 Certified/Sustainable Squid Fisheries

15 % Global Squid Production Improving

Join This Roundtable

To join this Supply Chain Roundtable or for more information, please contact Carmen Gonzalez Valles or call SFP at 1-808-726-2582. 

Q1 2022 Update:

  • Argentine shortfin squid: The FIP was formally launched as a prospective FIP at a meeting of the SR during Seafood Expo North America in Boston in March. The FIP, which covers the Argentine shortfin squid FIP in Argentina's EEZ, is led by the Argentine Chamber of Jigger Fishing Vessels Shipowners (CAPA).
  • Squid IUU working group: The members of the Squid IUU Working Group, which was formed by some members of the SR in July 2021, announced a commitment to address illegal, unregulated and unreported (IUU) fishing. By the end of 2022, the companies in the Working Group will adopt new purchasing policies or strengthen current ones to incentivize sourcing from legal producers, and ban imports of IUU squid products. The companies will also establish a governance and funding mechanism for the group, adopt a plan to address social responsibility issues, and engage regulators and other actors to commit resources to improve squid management and eliminate IUU fishing.  Signatories to the commitment include: Cabomar, Congalsa, Crocker and Winsor Seafoods, Grupo Alfrio, Lund’s Fisheries, Panapesca, Seafresh Group, Sun Coast Calamari, The Town Dock, and Wofco. Full commitment here.

Sector Background

Currently, 15 percent of global squid production is considered sustainable or improving, up from just 0.03 percent in 2017. Existing supply chain leverage and interest may be able to influence nearly 60 percent of global production. The key to reaching T75 goals will be engaging Chinese and South Korean fisheries operating in the international waters off South America.

The squid sector comprises all squid species (families: Gonatidae, Loliginidae, Ommastrephidae, Onychoteuthidae). Most production comes from industrial fisheries using a wide variety of fishing gears, including jigs, hook and line, purse seine, midwater, and bottom trawling, and operating within exclusive economic zones (EEZs) and in international waters. An important artisanal component operates in a number of EEZs, ranging from small vessels with outboard motors carrying two or three fishers to vessels of 15 meters or more carrying five or six fishers.

FAO reports that total global production of squid exceeds 3.7 million tonnes. Top producing regions include South America (Peru, Chile, Argentina) and Asia (China, South Korea, Japan, Indonesia). The jumbo flying squid (Dosidicus gigas), the Argentine shortfin squid (Illex argentinus), and the Japanese flying squid (Todarodes pacificus) are the three most important squid fisheries in the world, accounting for about 50-60 percent of global production.

Progress toward sustainability in these three squid fisheries is mainly limited by the deficiency of fisheries assessment, management, and enforcement by national regulators; and the lack of control over distant-water fleets by regional management bodies, resulting in illegal, unreported, and unregulated (IUU) fishing.

Activity & Workplan

SR Objectives

  • Combat illegal, unreported, and unregulated (IUU) fishing in squid fisheries globally, and thwart human rights abuses throughout squid supply chains.
  • Support CAPECAL and the implementation of the workplan of the Peru jumbo flying squid – jig FIP and the formalization process of the Peruvian fleet.
  • Support CALAMASUR and ask the SPRFMO to adopt new CMMs in the region.
  • Support improvement efforts and ensure that the Argentine shortfin squid FIP within Argentinian EEZ waters becomes active on
  • Ensure all published FIPs receive an A-C SFP FIP progress rating.

Action Recommendations for Suppliers

  • Undertake efforts to eliminate IUU fishing practices by distant-water fleets. Efforts may include piloting traceability systems, advocating for stronger regional and domestic enforcement and policy changes, participating in the SR’s IUU prevention working group, and piloting other supply chain approaches to ensure legal fishing practices in sourcing.
  • Work with supply chains to initiate FIPs in fisheries where improvements are needed, and ensure sourcing from actively engaged supply chains.
  • When sourcing from squid fisheries that are managed under seasonal closures, SR participants should ensure suppliers implement no-purchase policies during fishing moratoriums.
  • Exported squid products from the region are often sourced from a mix of various squid fisheries, so importers and buyers should ensure that their suppliers can identify the individual source fisheries.
  • Reach out to other supply chain companies to encourage their participation and engagement in the SR.
  • Publicly support SPRFMO’s effort to develop a stock assessment methodology that is applicable to all jumbo flying squid fisheries within the South Pacific.
  • Promote and sponsor the update and development of squid fisheries assessments.

Join This Roundtable

To join this Supply Chain Roundtable or for more information, please contact Carmen Gonzalez Valles or call SFP at 1-808-726-2582.