Fishing is regarded as the main source of income for the city and the daily fish auction that takes place every morning is the most important market in Houmt Souq area. This market attracts a large number of restaurant owners and housewives who want to buy fresh fish at good prices. Houmt Souq Fishermen are known as Octopus Catchers since they use a traditional technique that date back to the ancient Phoenician era for catching octopus.
;