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Bycatch of nontarget species can contribute to overfishing and slow efforts to rebuild fish stocks. Controlling bycatch is fundamental to sustainable fishing and maintaining healthy populations of target species. The Antarctic krill (Euphausia superba) fishery is the largest volume fishery in the Southern Ocean. Understanding the significance of bycatch and its diversity is critical to managing this keystone species. Registered bycatch data from the Antarctic krill fishery in the southwest Atlantic sector of the Southern Ocean were analysed. Observers collected data following an internationally agreed method during the 2010–2020 fishing seasons, with a 20 (± 9) % coverage of fishing activity of Total catch of Antarctic krill which increased from 200,000 tonnes to 450,000 tonnes, with the greatest increase over the last 3 years. Except in 2010 (2.2%), the bycatch ratio was stable and ranged 0.1–0.3%. Fish dominated the bycatch, followed by tunicates and other crustaceans. Observer coverage was high, and bycatch levels were generally low across gear types. Given that accurate information on bycatch is important for sustaining developing fisheries, maintaining high observer coverage of this fishery will be important for detecting impacts from a warming climate and for moving back into historical fishing grounds.