Myanmar generated an income of US$765.947 million from fishery exports between 1 April 2022 and 31 March 2023 in the 2022-2023 Financial Year, according to the Ministry of Commerce.
The figures dropped from $824.513 million in the 2021-2022 FY, showing a decrease of $58.566 million.
Myanmar sends fishery products to foreign markets by sea and border trade.
At present, fishery export is underway. The export volume is still declining.
Myanmar’s fishery products are delivered to Japan, European countries, China, Thailand and neighbouring countries by maritime trade. Fish, shrimp, crab and fishery products are sent to neighbouring countries through Muse, Myawady, Kawthoung, Sittway, Myeik and Maungtaw borders.
More than 20 fish species including hilsa, rohu, catfish, and seabass are exported to foreign markets, according to the Myanmar Fisheries Federation.
Myanmar ships fishery products to over 40 countries, mostly to Thailand and China. — NN/EM
