Myanmar’s fisheries sector flourishes: Exports reach 70,000 tonnes to foreign markets in Q1

Myanmar exported nearly 70,000 tonnes of fishery products to external markets including China in the Q1 (April-June) of the current financial year 2023-2024, the Ministry of Commerce stated.
Myanmar bagged US$115.242 million from 69,612 tonnes of fisheries exports in Q1. China accounts for 30 per cent of overall fisheries exports. Live fisheries are exported to foreign markets by air, while some are delivered through seaborne trade after processing at cold storages.
Myanmar’s fisheries have penetrated markets of Japan, European countries and neighbouring countries such as Thailand and China.
The value of Myanmar’s fishery exports as of 21 June surpassed $157.695 million this FY beginning 1 April 2023, the Ministry of Commerce’s statistics showed. — TWA/EM

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