Pakistan Seafood exports increase in FY 2017-18

Pakistan Seafood exports increase in FY 2017-18
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ISLAMABAD: The exports of fish and fish preparations increased by 17.64 percent during the first quarter of the current fiscal year compared to the corresponding period of last year.

The country exported fish and fish preparations worth US$75.370 million during July-September (2017-18) compared to the exports of US$ 64.066 million in July-September (2016-17), showing an increase of 17.64 percent, according to the data of Pakistan Bureau of Statistics (PBS).In terms of quantity, the seafood exports from the country witnessed increase of 29.63 percent as it went up from 21,959 metric tons last year to 28,466 metric tons during the current fiscal year, the data revealed.

The total food exports from the country during the period under review increased by 17.52 percent by going up from the exports of $631.731 last year to $742.391 million during the current year.Meanwhile, on year-on-year basis, the seafood exports from the country increased by 15.95 percent in September 2017 when compared to the exports of the same month of last year.

The sea food exports in September 2017 were recorded at $40.097 million against the exports of $34.580 million in September 2016.In terms of quantity, the seafood exports increased by 25.03 percent in September 2017 by going u p from 11,852 metric tons in last September to 14,818 metric tons in September 2017.

On month-on-month basis, the seafood exports in dollar terms increased by 75.86 percent in September 2017 when compared to the exports of $22.800 million in August 2017, according to the PBS data.

 

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