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Description:The explosive growth of Peru's fishing industry has been one of the most remarkable developments in the world's fisheries. This fishery has developed because of one species, the Peruvian anchovy (Engraulis ringens). Large schools of these fish abound in the waters off the coast of Peruwhere the plankton-rich waters of the Humboldt Current provide ideal growth conditions. Slightly less than 20 years ago, in 1955, Peru was a modest producer of fish for local consumption. In that year Peruvian fishermen harvested 236,000 metric tons (t) of fish. In the following year, however, the catch tripled, and by 1958 the harvest had soared to over a million tons. In 1962, Peru'sanchovy harvest exceeded 7 million tons--surpassing the Japanese catch--making Peru the world's leading fishing nation. Peruvian fishermen continued increasing their efforts and, in 1967, the anchovy catch topped 10 million tons. Large financial investments were made in the harvesting of this seemingly endless resource until 1970 when the landings were 12.3 million tons.
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