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October 19, 2019

Myanmar earns over $535m in fishery exports

A worker soft fish at the Nyaungtan Jetty in Yangon. Photo: GNLM/Phoe Khwar

Myanmar’s foreign income from fishery exports reached more than US$535 million from 1 April to 19 January in the current fiscal year (FY), which increased by $97 million compared with the same period last FY.
The export volume of fishery products was more than 38,000 tons, according to Myanmar Fisheries Federation.
Despite an increase in the export volume and value, Myanmar’s fishery exports cannot keep up with the neighbouring countries.
The Myanmar Fishery Federation is making concerted efforts to increase the earnings from fishery exports by developing fish farming lakes that meet international standards and by adopting advanced fishing methods.
Fishery products, including prawns, crabs, squid, eels, shrimp, dried shrimp and dried fish, were exported to Thailand through the Kawthoung and Myeik border trade gates and to China through the Muse gate.

 

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