Generally, the conventional fish size grading methods just adopt the mechanical technique. So the grading methods have a problem such that the graded fish is easy to hurt on the skin and in the internal organs. In this paper, a fish size grading machine is developed using an image processing method. The grading method is based on the principal axis theorem. The length and projected area of a fish are obtained by getting the principal axis and the product of inertia moment on the captured image of a target fish. The developed machine uses an uncontact technique that the target fishes go through the front side of the CCD camera. So the above stated problem can be improved. The performance of this method is discussed with the experimental results.