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Highlights: What are the main findings? The abundance of most of fish stocks in the Beibu Gulf continued to decline over the last 15 years. What is the implication of the main finding? Environmental variations caused by climate events can episodically enhance the abundance of certain fish stocks. Warming may be the reason of northward shifts in distribution of most fishes. Improving prediction of ecological responses to climate variability requires understanding how local fish population dynamics are impacted by climate events. The present study was conducted in the Beibu Gulf of the northwestern South China Sea where the fisheries are characterized by high ecological and commercial value. We evaluated the relationship between major commercial fish population dynamics (abundance and distribution) and climate periods, using survey data from 2006–2020. The analysis using random forest and GAM models show that climate events are not the best predictors for the variations of fish abundance, because abundance of most fish stocks decreases significantly with the year, and the increasing fishing pressure over time can better explain the overall downward trend in fishery stocks. However, environmental variables that correlate significantly with interannual variation in ONI may impact fish abundance in short terms. Our research suggests that climate events leading to higher surface seawater salinity in winter favors pelagic fishes by improving habitat availability, and higher near-surface chlorophyll-α concentration during La Niña events provides better food condition for overwintering fish. In addition, there is no clear evidence that climatic events have a significant impact on gravity center of fish distribution, whereas climate change has caused most fishes to move to cooler coastal waters in the north. [ABSTRACT FROM AUTHOR]