ICSFDC News Alerts

Myanmar: Marine export earnings increase by $ over 27 m January 06,2020   |  Source: Eleven Myanmar

Till December 20 of 2019-2020 fiscal year, the total export earnings from the marine sector hit 232.091 million US dollars, up 27.940 million US dollars compared with the same period last year, according to the Ministry of Commerce. Now, China has allowed Myanmar to export fishes and prawns collected through natural fishing. China has tightened the rules on imports of cultured fishes and prawns. Local entrepreneurs find it difficult to export such fishes and prawns to China as they have not established a link with the General Administration of Customs China (GACC).

Since April 1, 2018, Saudi Arabia banned the imports of marine products from Myanmar due to bacteria. The marine export earnings reached 482 million US dollars in 2014-15 FY, 502 million US dollars in 2015-16 FY, 652 million US dollars in 2016-17 FY, over 680 million US dollars till March 18 in 2017-18 FY and 728.257 million US dollars in 2018-19 FY, according to the Fishery Department.

Vietnam tops the list of marine export countries in ASEAN, followed by Thailand, second, Indonesia, third and Myanmar, fourth. Currently, Myanmar exports more than 40 kinds of fishes to more than 40 countries. Myanmar’s marine export volume is relatively low compared to those in neighbouring countries. In an attempt to

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Years in Support of Small Scale Fishworkers (1986 - 2018)