The Mayan octopus fishing industry in the Yucatan state of Mexico is hailed as "pink gold."

The fourth Yucatan Octopus Festival helps to spread the value of the Mayan octopus and enhance its status. This octopus, due to strong market demand and its economic spillover effect, is also known as the "pink gold" of the Yucatan coast. The octopus fishing season will end on December 15, followed by a nearly seven-month closed season. The United States and Spain are the main export destinations for the Mayan octopus. On December 3, Yucatan held the fourth Latin American Sustainable Fisheries and Aquaculture Summit at the International Convention Center. This conference brought together producers, buyers, and experts from multiple countries, aiming to strengthen commercial channels and promote responsible fishing practices.