Myanmar exports aquatic products worth over US$624M in 2023-24 financial year


Between April 2023 and February 2024 of the 2023-24 Financial Year, Myanmar exported more than 300 aquatic products to 45 countries, generating over US$624.473 million, as reported by U Nyunt Win, the director of the Fisheries Department (Nay Pyi Taw).
The report highlights regular exports to Japan, Middle East countries, European Union nations, Malaysia, Chinese Taipei, and Australia.
It also notes close coordination between the Myanmar Fisheries Federation and the Fisheries Department to promote marine product exports.
U Nyunt Win stated, “From April to February of the 2023-24 FY, a total of 435,000 tonnes of marine products were exported via shipment, aviation transport, and land borders, earning over US$624.473 million. However, due to the suspension of some border trade routes for various reasons, this year’s earnings are US$52 million less than the previous year’s total of US$676.528 million.”
The department and exporters are collaborating to meet the requirements of individual countries purchasing marine products from Myanmar, ensuring regular and continuous exports in line with market demands. For example, China has stringent criteria for importing aquatic products, particularly concerning Covid-free status. — ASH/ TMT

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