Myanmar aims to earn over US$800mil from aquatic exports


YANGON: Myanmar is expected to earn US$805 million from aquatic exports this fiscal year, with fish and shrimp exports projected to increase, the state-run television channel MRTV reported on Sunday (May 26), citing Nyunt Win, director of the Department of Fisheries.

The country's aquatic products are exported to over 40 countries, with China and Thailand being the main buyers.

In the fiscal year 2023-24, Myanmar earned over $720 million from exporting more than 522,000 tonnes of aquatic products. Over 240,000 tonnes of these products were distributed via air and sea routes.

According to the MRTV report, aquatic products are categorised into three groups, fish, prawns and other aquatic products.

The fish group generated over $380 million, the prawns group earned over $38 million and other aquatic products brought in over $300 million, the report said.

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Myanmar , acquatic , exports

   

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