According to the Department of Fisheries, it is anticipated that exports of aquatic products to foreign countries will exceed US$ 800 million in the current financial year.
In the previous financial year, over 520,000 tonnes of aquatic products were exported, generating foreign income of nearly US$ 730 million.
Aquatic products from Myanmar are exported to foreign countries via both normal trade and border trade channels. Presently, while the export of aquatic products is operating normally, it has not yet returned to pre-COVID situation.
Myanmar exports aquatic products such as fish, prawns, and crabs regularly to countries including China, Thailand, and neighbouring nations via border trade stations in Muse, Myawady, Kawthoung, Sittway, Myeik, and Maungtaw, as well as to Japan and European countries.
According to fish and shrimp farming operators, Myanmar boasts 480,000 fish and shrimp farms, alongside over 120 cold storage facilities. Myanmar exports over 20 types of fish, including rohu, hilsa, barbus and river catfish. — TWA/KZL
Myanmar expects over US$ 800 million in aquatic product exports this year
- April 29, 2024
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