European Comission (2021)
The European Commission has published the fourth edition of “The EU Blue Economy Report”, providing an overview of the performance of the EU-27 economic sectors related to oceans and the coastal environment.
The sector directly employed close to 4.5 million people in 2018 and generated around €650 billion in turnover and €176 billion in gross value added.
Emerging activities such as ocean energy, marine biotechnology and robotics are developing quickly and will play an important role in the EU’s transition towards a carbon-neutral, circular and biodiverse economy.
Contrary to the rest of the sector, those emerging activities also suffered less from the COVID-19 crisis, and are expected to recover quickly.