A worker unloads fish at a market in Sittwe, Rakhine State. Photo - EPA
Myanmar’s aquaculture industry will receive a boost from the barter-trade agreement that was signed between the country and China.
Fisheries Department deputy director for quality control and research U Thet Naing said an inventory of fish for export has been sent to China.
The inventory has been sent to China via the Ministry of Foreign Affairs for approval. “It will take time as there are procedures,” he said, adding that this is the priority species for export.
At present, Myanmar exports six out of 21 species of fish and prawn in the inventory, with the remainder being of export potential. Climbing perch, branded snakehead, tilapia and white prawnwere among the species in the inventory.
Meanwhile, Ministry of Commerce deputy secretary U Khin Maung Lwin said the inventory was sent to the Chinese side who had asked for other potential aquaculture products for import to their country.
In total, Myanmar exports 63 fish species, eight prawn species and 68 other aquaculture species around the world, shipping 570,000 tonnes of fisheries worth US$712 million in the 2017/2018 fiscal year and targeting US$1 billion this year.