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Economic Contributions of the Virginia Seafood Industry and the Effects of Virginia Seafood Products in Retail Stores and Restaurants in 2023

ID

AAEC-337NP

Authors as Published

Authored by Fernando H. Gonçalves, Research Scientist, Virginia Seafood AREC, Virginia Tech; Jonathan van Senten, Assistant Professor and Extension Specialist, Department of Agricultural and Applied Economics, Virginia Seafood AREC, Virginia Tech; Michael H. Schwarz, Director of the Virginia Seafood AREC, Virginia Tech

This publication is available in a for-print option only. A transcription of the inforgraphic data can be found below. 

Table 1. Economic contributions of Virginia seafood Industry activities for each level of the supply chain in 2023, including tax revenue. Values expressed in 2023 dollars

Supply Chain
Level

Effect
type

Jobs

Labor
Income

Value
Added

Output

Taxes

Totals

Waterman

Total

1,820

55,926,829

186,831,211

244,234,108

36,282,098

Total

Waterman

Direct

1,571

37,890,309

153,593,400

186,653,808

9,556,157

Local

Waterman

Indirect

84

8,319,317

13,904,307

27,449,670

9,893,745

State

Waterman

Induced

165

9,717,202

19,333,504

30,130,630

16,832,195

Federal

Aquaculture

Total

756

39,735,750

92,114,626

175,471,201

24,769,882

Total

Aquaculture

Direct

419

16,526,981

50,465,055

104,225,000

7,927,187

Local

Aquaculture

Indirect

219

16,240,540

27,790,798

49,646,603

6,958,179

State

Aquaculture

Induced

118

6,968,229

13,858,773

21,599,599

9,884,516

Federal

Processors

Total

2,545

90,103,093

589,064,589

701,403,082

81,861,230

Total

Processors

Direct

2,089

56,681,019

528,362,990

593,261,318

17,931,200

Local

Processors

Indirect

193

17,931,618

29,867,880

60,091,388

23,149,663

State

Processors

Induced

263

15,490,456

30,833,719

48,050,375

40,780,367

Federal

Distributors

Total

1,386

52,565,432

108,720,095

151,298,962

21,529,378

Total

Distributors

Direct

1,145

36,581,043

79,216,128

102,563,657

4,130,964

Local

Distributors

Indirect

84

6,724,253

11,090,405

20,036,083

5,024,333

State

Distributors

Induced

157

9,260,136

18,413,562

28,699,222

12,374,080

Federal

All

Total
Effect

6,507

238,331,104

976,730,521

1,272,407,353

164,442,588

Total

Table 2. Economic contributions of Virginia seafood products from retail stores and restaurants in 2023, including tax revenue. Values expressed in 2023 dollars.

Retail Stores
and Restaurants

Effect
type

Jobs

Labor
Income

Value
Added

Output

Taxes

Totals

Full-service
restaurants

Total

839

32,847,343

59,387,211

117,233,380

14,594,398

Total

Full-service
restaurants

Direct

638

20,683,835

34,448,612

61,889,727

3,391,512

Local

Full-service
restaurants

Indirect

105

6,511,627

13,688,960

37,812,450

3,410,165

State

Full-service
restaurants

Induced

96

5,651,881

11,249,639

17,531,203

7,792,721

Federal

Limited-service
restaurants

Total

686

25,156,361

48,908,633

108,605,469

12,678,542

Total

Limited-service
restaurants

Direct

500

13,899,236

25,720,127

54,924,579

3,395,179

Local

Limited-service
restaurants

Indirect

112

6,925,137

14,566,300

40,244,162

3,175,719

State

Limited-service
restaurants

Induced

74

4,331,989

8,622,206

13,436,728

6,107,644

Federal

All other food
and drink places

Total

53

2,277,731

3,741,194

6,377,802

911,816

Total

All other food
and drink places

Direct

42

1,606,615

2,376,150

3,547,371

187,739

Local

All other food
and drink places

Indirect

5

279,538

585,611

1,615,783

199,436

State

All other food
and drink places

Induced

7

391,578

779,434

1,214,648

524,640

Federal

Retail stores

Total

2,111

76,422,996

168,835,178

225,826,595

46,469,097

Total

Retail stores

Direct

1,509

56,579,779

112,994,846

154,926,269

14,418,608

Local

Retail stores

Indirect

378

6,684,900

29,650,432

30,086,372

12,592,431

State

Retail stores

Induced

224

13,158,317

26,189,900

40,813,954

19,458,058

Federal

All

Total
Effect

3,689

136,704,431

280,872,216

458,043,246

74,653,853

Total


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Publication Date

October 16, 2025