Fisheries Dept targets US$800M in exports for FY 2024-2025

fisheries sskm
Workers seen in the fisheries processing line.

The Department of Fisheries aims to achieve export earnings of over US$800 million in the current financial year 2024-2025.
Myanmar bagged $729.4 million from 522,565 tonnes of fisheries products in the FY 2023-2024.
All the stakeholders in the supply chain, including officials from the Fisheries Department, exporters, traders and fish and shrimp farmers, are cooperating to boost exports this year.
Myanmar’s fisheries exports have amounted to US$84.8 million as of 17 May in the current financial year 2024-2025, beginning 1 April, the Ministry of Commerce’s statistics showed.
At present, fishery exports are regularly occurring, yet the volume of fishery exports is still lower than that recorded in the pre-pandemic period.
Myanmar sends fisheries such as fish, crab, and shrimp to neighbouring countries (China and Thailand) through Muse, Myawady, Kawthoung, Myeik, Sittway and Maungtaw border posts. They are conveyed to Japan, European countries, China, Thailand, and other regional countries via maritime channels.
More than 20 fish species, including hilsa, rohu, catfish, and seabass, are delivered to foreign markets, according to the Myanmar Fisheries Federation.
Myanmar delivers fisheries to over 40 countries, and the leading importer of Myanmar’s fisheries is Thailand, followed by China. — NN/EM

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