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Pakistan exports seafood worth $199m in first half of current fiscal year

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Pakistan earned $199.023 million by exporting 92,621 metric tonnes of fish and fish preparations during the first half of the current fiscal year, Pakistan Bureau of Statistics (PBS) reported on Wednesday.

As compared to the exports of $225,217 million during July-December (2022-23), the fish exports during the July-December 2023 witnessed decline of 11.63 percent, according to PBS data.

In terms of quantity, the exports of fish and fish preparations however increased by 5.12 percent during the first six months when compared to exports of 88,110 metric tonnes during the last fiscal year.

On a year-on-year basis, the seafood exports decreased by 5.94 percent to $37.075 million in December 2023 as compared to the exports of $39.415 million in December 2022.

In terms of quantity, the exports witnessed a 20.29 percent increase by going up from 16,694 metric tonnes last year to 20,081 metric tonnes this year.

On a month-on-month basis, the seafood exports declined by 2.52 percent when compared to the exports of $38.035 million in November, according to the PBS data. In terms of quantity, fish exports increased by 11.17 percent in December compared to the exports of 18,064 metric tonnes in November.

The overall food group exports from Pakistan increased by 49.84 percent during the first six months of the current fiscal year as compared to the corresponding period of last year.

Food exports during July-December (2023-24) were recorded at $3,481,200 million as compared to the exports of $2,323,275 million in July-December (2022-23), a surge of 49.84 percent, according to the latest PBS data. In terms of quantity, the gold imports declined by 80 percent when compared to the imports of 60 kilograms during November 2023.—APP

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