Over 1,000 tonnes of fishery products exported each month to Bangladesh

More than 1,000 tonnes of fishery products are being exported each month to Bangladesh through Rakhine State, according to the Rakhine State Chambers of Commerce and Industry.
Although the imports are down during the Ramadan period in April in Bangladesh, the border trade increased with the fish from fishing farms in Yangon Region, Ayeyawady Region, and Bago Region in May.
About 1,000 visses rohita fish are daily transported from Yangon to Sittway and Maungtaw, from where fishery products are directly exported. In addition, fishery products from Ayeyawady and Bago regions are also being transported by sea and land.
A combined inspection team inspects the exported fishery products and dried goods at the Shwe Min Gan gate in Sittway and Kanyinchaung gate in Maungtaw, and they are exported by paying two per cent of tax to the state.
The exports are allowed with a two per cent tax for motorboats exporting fishery products, US$5 for a boat and $50 for a registration fee.
Rohita fish are mainly exported to Bangladesh, and dried goods, such as onion, tamarind, ginger, and dried plums. As imports, cotton longyis from Pulicat (India), slippers, consumer goods and construction materials. As exports are more than imports, it is a trade route with higher foreign exchange earnings.
In the last 2021-2022 FY, more than 11,000 tonnes of goods worth over 11 million USD were exported to Bangladesh from Myanmar. — TWA/GNLM