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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Myanmar , acquatic , exports


Next In Aseanplus News

Brunei: Gang robber’s sentence reduced, caning remains
Chinese and Philippine ship collision just the latest in a string of South China Sea confrontations
Indonesian leader Jokowi calls for water pumps to protect crops against heat wave
Eight people suffocate in refrigerated lorry in China; cops launch probe on 'illegal passengers'
Sg Bakap polls: No clear favourites, say analysts
Australian passenger plane lands safely in New Zealand after a fire shuts down an engine
Shanghai shares end at two-month low as traders gauge lacklustre data
Malaysia is among the top trending tourist destinations in Asia
Seven killed as Indian passenger and goods trains collide
Excited HK passengers ride on new high-speed sleeper train to Shanghai, Beijing

Others Also Read