March 1, 2021 — With a combined approach of effort limitation and rotating harvest areas, the Atlantic sea scallop is one of the most valuable fisheries in the United States and is the most valuable wild scallop fishery in the world. It is managed by the New England Fishery Management Council (NEFMC) in cooperation with the Mid-Atlantic Fishery Management Council under the Atlantic Sea Scallop Fisheries Management Plan, which maximizes scallop yields while protecting beds of young scallops.
Looking at the total net supply of scallops for 2020, considering domestic landings combined with imports, while deducting exports, the United States reports seeing fewer landings, slightly increased imports, and a decline in exports when compared to the previous year, resulting in a decline of our net supply by 15.6 percent or 12.6 million pounds less of product. Our net supply calculation suggests an annual total of 67.7 million pounds in 2020 compared to 80.3 million in 2019. This retreat marks the lowest net supply on record since 2015 and the start of a downwards trend that began in 2018.