Seafood exports worth $410.2 million earned

ISLAMABAD: Pakistan earned $410.268 million by ex¬porting 200,709 metric tonnes of fish and fish preparations during the fiscal year 2023-24, Pakistan Bureau of Statistics (PBS) reported on Wednesday.
As compared to the exports of $496.565 million during fiscal year 2022-23, the fish exports during the FY2023-24 witnessed a decline of 17.38 percent, according to PBS data.
In terms of quantity, the exports of fish and fish preparations decreased by 6.45 percent during the year when compared to ex¬ports of 214,542 metric tonnes during the last fiscal year.
On a year-on-year basis, the seafood exports decreased by 22.19 percent to $31.044 million in June 2024 as compared to the exports of $39.896 million in June 2023.
In terms of quantity, the exports witnessed a 16.99 percent decrease by going down from 18,901 metric tonnes last year to 15,689 metric tonnes during FY 2024.
On a month-on-month basis, the seafood ex¬ports declined by 16.26 percent when com¬pared to the exports of $37.070 million in May, according to the PBS data.
In terms of quantity, fish exports decreased by 16.45 in June compared to the exports of 18,778 met¬ric tonnes in May 2024.
The overall food group exports from Pakistan increased by 46.77percent during the year as com-pared to the corresponding period of last year.
Food exports during July-June (2023-24) were recorded at $7,369.917 million as compared to the exports of $5,021.290 million in July-June (2022-23), ac¬cording to the latest PBS data. –Agencies