The Philippines has a large tuna fishing industry that contributes $50 billion annually and employs over 1 million people. It is one of the largest tuna producers globally, especially of canned tuna which it is the second largest exporter of. The main tuna fishing region is around General Santos City, which became the tuna capital in the 1970s due to its strategic location and success of fish aggregating devices. Thailand also has a large tuna industry focused on canned tuna, for which it is the largest exporter, though it relies heavily on tuna imports for its processing.