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Abundance and seasonal trophodynamics (specific growth rate, daily production, and grazing mortality) of the major picophytoplankton components, Synechococcus cyanobacteria (Syn) and picoeukaryotes (Pico-E), were studied at three stations in Sevastopol Bay and adjacent coastal waters (the Black Sea) in 2014 by flow cytometry and the dilution method. Pico-E abundance was shown to increase along the nutrient and pollution gradient from the coastal waters outside the bay (annual average of 7.3 ± 5.4 × 10 cells mL) to the eastern corner of the bay (28.7 ± 11.4 × 10 cells mL), while no relation was found between the water pollution status and Syn abundance (9.9 ± 8.7 × 10 cells mL; at all the stations, n = 27). Matter flows through the communities (daily production for Syn and Pico-E 06.6 and 09.3 µg C L day, respectively; grazing mortality for Syn and PicoE 0-3.6 and 0-21.2 µg C L day, respectively) were comparable to or even exceeded their biomass stocks (>0.05-6.8 and 0.9-26.5 µg C L for Syn and PicoE, respectively), indicating high biomass turnover rates. The highest flow-to-stock ratio (up to 6 for Syn) and a significant imbalance between daily production (P) and grazing mortality ( G) were observed in the most polluted and eutrophic waters of the bay in spring (Pico-E: P/G < 1) and late summer (Syn: P/G > 1). Black River inflow to the bay was hypothesized to be among the mechanisms maintaining this pronounced and long-term imbalance in the open system without any negative consequences for the picophytoplankton assemblages. [ABSTRACT FROM AUTHOR]