114111 - Finfish Fishing
Navigating the complexities of government contracting and industry classification starts with understanding NAICS codes. One significant and specialized code is NAICS 114111 - Finfish Fishing, an essential part of the U.S. fishing industry. This code is critical for businesses involved in the commercial harvesting of finfish species like salmon, tuna, and cod. Whether you're an aspiring entrepreneur or an established operator, this guide will help you understand the scope, sector, and eligibility standards of this dynamic field.
What is NAICS Code 114111 - Finfish Fishing?
NAICS 114111 encompasses establishments primarily engaged in commercial fishing for finfish, including a broad range of species such as salmon, tuna, cod, flounder, and trout. The activities covered under this code include the catching, harvesting, and initial processing of finfish obtained from wild fisheries.
This industry forms a vital part of the seafood supply chain and plays a pivotal role in sustaining the fishing economy and food resources.
Sector: Agriculture, Forestry, Fishing and Hunting
NAICS Code 114111 belongs to the broader sector known as Agriculture, Forestry, Fishing, and Hunting (Sector 11). This sector includes industries that:
- Cultivate crops and raise animals
- Harvest timber, fish, and other natural resources
- Facilitate the sustainable management and utilization of these resources
Within this sector, finfish fishing is a specialized activity focused on aquatic resource extraction, critical to the seafood market's sustainability and growth.
Typical Business Types and Activities
Businesses classified under NAICS 114111 typically include:
- Commercial salmon fishing operations
- Tuna fishing vessels hunting in coastal and offshore waters
- Cod fishing enterprises engaging in sustainable fishery practices
These businesses often operate fishing vessels, employ skilled fishermen, and sometimes conduct initial fish processing, such as sorting or gutting.
Size Standards for Eligibility
For government contracting and small business classifications, the size standard for NAICS Code 114111 is set at:
- $25 million in average annual receipts
This means businesses with annual revenues up to $25 million are generally eligible to qualify as small businesses under this code, enabling access to specific SBA programs and federal contracting opportunities.
Detailed Code Activities Covered under NAICS 114111
The finfish fishing industry is diverse and includes a variety of fishing types targeting different species. Below is a comprehensive table outlining the key fishing activities under NAICS 114111:
Fishing Activity | Description |
---|---|
Anchovy fishing | Harvesting anchovy species |
Bluefish fishing | Catching bluefish |
Cod catching/fishing | Targeting cod populations |
Croaker fishing | Commercial catching of croaker species |
Dolphin fishing | Hunting dolphin fish (mahi-mahi) |
Eel fishing | Catching eels for commercial sale |
Finfish fishing | Includes species like flounder, salmon, trout |
Fisheries, finfish | General term for finfish harvesting |
Flounder fishing | Targeted commercial flounder harvesting |
Grouper fishing | Commercial grouper catch |
Haddock fishing | Catching haddock fish |
Hake fishing | Targeting hake species |
Halibut fishing | Commercial halibut harvesting |
Herring fishing | Catching herring populations |
Lingcod fishing | Targeting lingcod species |
Mackerel fishing | Commercial mackerel catch |
Mahimahi fishing | Catching mahi-mahi (dolphin fish) |
Menhaden fishing | Targeting menhaden fish populations |
Mullet fishing | Harvesting mullet for commercial purposes |
Perch fishing | Commercial perch catching |
Pilchard fishing | Harvesting pilchard species |
Pollock fishing | Targeting pollock populations |
Porgy fishing | Catching porgy fish commercially |
Ray fishing | Commercial ray species harvesting |
Rockfish fishing | Targeting rockfish species |
Sablefish fishing | Catching sablefish populations |
Salmon fishing | Commercial salmon harvesting |
Sea bass fishing | Catching sea bass fish commercially |
Sea herring fishing | Targeted harvesting of sea herring |
Sea trout fishing | Commercial fishing for sea trout |
Shark fishing | Commercial capture of shark species |
Snapper fishing | Targeting snapper fish |
Swordfish fishing | Commercial swordfish harvesting |
Tilefish fishing | Catching tilefish species |
Trout fishing | Commercial trout fishing |
Tuna fishing | Targeted tuna fisheries |
Whiting fishing | Catching whiting fish |
Frequently Asked Questions (FAQ)
What types of fish are included under NAICS 114111?
NAICS 114111 covers a wide range of finfish species including salmon, tuna, cod, flounder, trout, mackerel, and many others listed above.
What activities are covered under this NAICS code?
Activities include the commercial catching, harvesting, and initial processing of finfish from wild fisheries. Processing here mainly refers to cleaning, gutting, or sorting before further processing or sale.
Can aquaculture operations qualify under NAICS 114111?
No. NAICS 114111 refers specifically to wild finfish fishing. Aquaculture or fish farming falls under a different NAICS classification.
What is the size standard for NAICS 114111?
The SBA size standard for this industry is $25 million in average annual receipts.
Are small businesses in this sector eligible for federal contracting?
Yes. Small businesses that meet the size standard under NAICS 114111 can compete for specific government contracts and participate in SBA programs tailored to support small enterprises.
Conclusion
NAICS Code 114111 - Finfish Fishing is a critical classification within the Agriculture, Forestry, Fishing and Hunting sector, representing a diverse and economically important industry focused on the commercial harvesting of wild finfish. Understanding this NAICS code is essential for businesses looking to engage in federal contracting, comply with industry regulations, or position themselves strategically in the seafood market.
Whether you operate salmon fishing vessels or manage tuna harvesting enterprises, knowing your NAICS code and size standards can help unlock business opportunities and streamline your growth in this vital industry sector.
Keywords: NAICS 114111, Finfish Fishing, Commercial Fishing, Salmon Fishing, Tuna Fishing, Cod Fishing, Fishing Industry, Size Standards, SBA, Agriculture Sector, Wild Fisheries