Myanmar conveyed fisheries worth US$444.349 million to external markets in the past eight months of the current financial year 2023-2024, beginning 1 April, the statistics released by the Ministry of Commerce indicated.
The fishery export value plunged from $487.323 million recorded in the year-ago period, indicating a decrease of $42.974 million.
Myanmar exports fisheries products to external markets through maritime and border channels.
At present, fishery export has yet to grow. The fishery export is regularly running; however, the volume of fishery exports is still lower than those recorded in the pre-pandemic periods.
Myanmar exports fisheries to European countries, China, Thailand and Japan. Fisheries such as fish, shrimp and crabs are sent to neighbouring countries via Muse, Myawady, Kawthoung, Sittway, Myeik and Maungtaw borders.
More than 20 fish species, including hilsa, rohu, catfish, and seabass, are delivered to foreign markets, according to the Myanmar Fisheries Federation.
Myanmar ships fishery products to over 40 countries, mainly Thailand and China. — NN/EM
Myanmar’s fishery exports shrink to US$444 mln in 8 months
- December 10, 2023
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