Web Desk: Pakistan’s fisheries exports have crossed the $500 million mark for the first time, a milestone that signals growing momentum in the country’s seafood industry and offers a boost to the national economy, Federal Minister for Maritime Affairs Junaid Anwar Chaudhry said.
The minister said Pakistan’s overall seafood exports have continued to grow steadily, fueled by rising demand in international markets. He added that export volumes could soon climb to $800 million if the current trajectory continues.
According to Chaudhry, growing global demand for Pakistani seafood products reflects the sector’s increasing competitiveness and market acceptance. “Pakistan’s seafood industry is showing strong signs of expansion, and international demand is reinforcing confidence in the sector,” he said.
Meanwhile, China continues to serve as Pakistan’s largest seafood export destination, with Pakistani marine products receiving strong demand in the Chinese market, the minister said. He added that fisheries exports recorded a 21.6% increase between July and December, marking a significant improvement compared with previous years.
At the same time, exports to Thailand, Japan and European Union countries also posted growth, while demand for Pakistani seafood increased noticeably in Central Asia.
Exporters said fisheries exports stood at nearly $499 million during the 2022–23 fiscal year. However, they noted that the sector holds the potential to generate billions of dollars in exports if Pakistan strengthens quality controls, processing capabilities and export infrastructure. Industry stakeholders said coordinated efforts between the government and private sector could further accelerate growth.
They emphasised that investments in modern technology, cold chain systems and compliance with international standards would help expand Pakistan’s seafood exports and contribute significantly to foreign exchange earnings.The latest export figures come as Pakistan seeks to diversify exports and strengthen foreign currency inflows amid broader efforts to stabilise the economy.
