Myanmar shipped fisheries worth US$642 million to foreign trade partners over the past 11 months of the current financial year 2023-2024 beginning 1 April, which shrank from $690.811 million registered in the year-ago period, the statistics released by the Ministry of Commerce indicated. The figures reflected a decrease of $48.80 million compared to that of the corresponding period last FY. The fishery exports are steadily going, but they have yet to return to normalcy, like exports in the pre-COVID era.
Myanmar delivers fishery products to Japan, European countries, China, and Thailand through maritime trade channels and exports fish, shrimp, prawn, and other seafood to neighbouring countries at their 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 to Thailand and China. — NN/EM
Myanmar’s fishery exports top US$640 mln in 11 months
- March 09, 2024
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