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Saturday, November 2, 2024

Home Business Pakistani seafood exporters see potential in export to China

Pakistani seafood exporters see potential in export to China

by News desk
July 13, 2021
in Business

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Observer Report
Islamabad

“China is our backbone in exports. In seafood exports, China is the compulsory aspect of our sales,” Suhail Firdous, CEO of Super Star Enterprise told Gwadar Pro.

Located in the northern part of the Arabian Sea, Pakistan is endowed with rich fishing potential and its seafood export has shown robust growth.

The seafood exports during July-May (2020-21) were recorded at $383.088 million against the exports of $373.382 million in July-May (2019-20), showing growth of around 2.6 percent, according to the latest data of the Pakistan Bureau of Statistics (PBS). The export to China takes up a great proportion.

According to data from International Trade Center(ITC), Pakistan’s exports of fish and aquatic products to China accounted for 29% of Pakistan’s total exports of such products in 2019.“