Pakistan’s fisheries exports recorded a historic increase during the current fiscal year, with the annual export target achieved one and a half months before the close of the financial year.
According to sources, Pakistan’s fisheries exports have exceeded $500 million, while total seafood exports are expected to reach $800 million by the end of June. During the previous fiscal year, fisheries exports stood at nearly $400 million.
Sources said China remained Pakistan’s largest seafood market this year, while exports of Pakistani fish to Thailand, Japan and the European Union also recorded significant growth. Demand for Pakistani seafood also rose considerably in the United Arab Emirates and Central Asian states.
The Ministry of Maritime Affairs stated that fisheries exports recorded an increase of 21.6 per cent from July to December, with frozen fish declared the largest export category.
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