Myanmar’s fishery exports exceed US$700 mln in FY 2023-2024

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Shoppers and vendors thrive in the bustling fish market.

Myanmar shipped fishery products worth US$714.89 million to foreign trade partners in the past financial year 2023-2024 (April-March), which shrank from $765.94 million registered in the FY2022-2023, indicating a decrease of $51.04 million, the statistics released by the Ministry of Commerce showed.
The fishery export is steadily going, but it has yet to return to normal conditions like the events in the pre-COVID-19 period.
Myanmar exports fishery products to Japan, European countries, China and Thailand through maritime trade channels and also delivers fish, shrimp, prawns, crab and other seafood to neighbouring countries via border posts (Muse, Myawady, Kawthoung, Sittway, Myeik and Maungtaw).
More than 20 fish species, including hilsa, rohu, catfish, and seabass, are exported to foreign markets, according to the Myanmar Fisheries Federation. Myanmar exports fishery products to over 40 countries, mainly to Thailand and China. — NN/EM

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