Myanmar bags US$170M+ from fishery exports in H1
Myanmar earned US$176.302 million from fishery products exports to 40 foreign countries in the first half of the current financial year 2024-2025, beginning 1 April, said U Nyunt Win, director of the Fisheries Department in Nay Pyi Taw.
Myanmar steadily exports seafood to Japan, the UAE, European countries, Malaysia, Chinese Taipei and Australia. Myanmar Fisheries Federation and Fisheries Department joined hands to bolster fisheries exports.
“Myanmar ships over 160,000 metric tonnes of various fish to foreign countries in the April-September period, comprising over 82,000 tonnes of fisheries valued at $110 million through maritime channels and over 78,000 metric tonnes worth $65 million at borders,” said U Nyunt Win.
The Fisheries Department is endeavouring to ensure sustainable exports depending on market climate and meet the criteria of the respective importing countries, along with exporters in the supply chain. Myanmar makes efforts to meet import criteria of the strict customs rules of foreign customers like China. — ASH/KK