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Pakistan's seafood export slumped to $29.536 million in July-Aug 2018-19, down by 17 percent, which exporters linked to the two-month summer fishing ban. They said the two-month ban on fish hunt in June and July this year scaled back the seafood export bill by $6.026 million in July-Aug 2018-19 from $35.562 million in July-Nov 2017-18. They hoped that seafood export will grow in months to come marking a new high this fiscal year. In term of volume, the country's seafood export plunged to 13,301 metric tons in July-Aug 20181-9 from 14,704 metric tons in July-Aug 2017-18, Pakistan Bureau of Statistics shows a fall of 10 percent or 1403 metric tons.
In Aug 2018, Pakistan exported 22.33 percent or $5.087 million less seafood to the world markets to $17.699 million comparing $22.786 million of fisheries exported in Aug 2017. Fishermen said impacts of the lean fishing spell of June and July on seafood export may continue for about two more months.
Seafood export volume posted a fall of 14 percent or 1242 metric tons to 7,849 metric tons in Aug 2018 from 9,091 metric tons in Aug 2017. Fishermen said a full- throttled fish and shrimp hunt continues with a better catch since new fishing seasons has begun.

Copyright Business Recorder, 2018

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