This 11 per cent jump in exports was the result of an increase in value-added fish products and enterprises venturing into new markets.
Seafood exports during May 2012 stood at USD 37.4 million against the USD 32.9 million of May 2011.
Exporters have been conducting business with the following new markets: Egypt, the Middle East and Indonesia. In addition, China has begun buying higher quantities of high value-products like cuttlefish, scads and shrimp from Pakistan, said Chairman Pakistan Fisheries Exporters Association Faisal Iftikhar.
In July, fishing will be banned to protect shrimp and other species during their breeding season.
According to sources in the industry, the European Union (EU) may soon lift the ban on imports from Pakistan, as the parties have been holding talks on the technical aspects. If the EU lifts the ban, Pakistan’s profits would be able to rise quickly, as exporters often make good deals when selling their products to the EU market.
The EU banned the import of Pakistani seafood way back in 2007, when an EU mission visited the country and found Pakistan’s seafood storage to be unhygienic and determined that it failed to maintain the cold chain, among other issues. Exports to the EU have remained banned since then. Pakistan’s exports to EU member countries stood at around USD 50 million in 2006.
“If exports to EU had continued, the country would have earned at least USD 50 millions more,” said one official of Marine Fisheries Department.
Continued seafood sales to the EU would have led to sales of more than USD 300 million, as kidney shrimp did not fetch good prices in other market compared to EU. Out of total export of USD 194 million in 2005-06, exports to EU made up over 25 per cent with USD 50.06 million.
Pakistan’s seafood exports have since increased as exporters discovered new buyers, yet these fetch lower prices.
(seafood.vasep.com.vn) Vietnam’s exports of shelled mollusks recorded impressive growth in the first two months of 2025, reaching USD 41 million—an increase of 132% compared to the same period in 2024 (USD 18 million).
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), in the first two months of 2025, Vietnam's shrimp exports recorded positive signs with strong growth in a number of important markets, of which lobster exports to China increased sharply.
In recent years, the agricultural and environmental sectors and localities in the province have created favorable conditions to develop and effectively maintain seafood chains, increasing income for people in rural areas.
(seafood.vasep.com.vn) According to Vietnam Customs, the country’s pangasius exports regained growth momentum in February 2025. Export value reached USD 150 million, marking a 66% increase compared to February 2024. Cumulative pangasius export revenue for the first two months of the year totaled USD 284 million, up 11% year-on-year.
Minh Phu Seafood Corp, one of the leading enterprises in shrimp processing and export, is actively promoting cooperation with shrimp farmers to develop the shrimp industry in Ca Mau.
(seafood.vasep.com.vn) In 2024, Vietnam’s tuna exports to the Middle East continued their impressive growth, rising by 28% compared to 2023. The Middle East is now emerging as one of Vietnam’s top four tuna export markets.
(seafood.vasep.com.vn) Recently, the price of Pangasius in the Mekong Delta has increased significantly, making fishermen very excited. However, looking at the overall picture of this industry, the rise in Pangasius prices is not just an opportunity, but also comes with many challenges.
(seafood.vasep.com.vn) Dishes made from fish, especially pangasius, have become common and are found in nearly all restaurants, hotels, and banquets in Pakistan.
Looking back at the period from 2022 to 2024, crab exports to China have shown significant fluctuations. In 2022, China imported over 62 million USD worth of crabs, averaging 5-9 million USD per month, indicating a stable import demand from China. However, in 2023, exports sharply dropped to 13.3 million USD, averaging only 1-2 million USD per month, due to China's tighter quarantine controls and weakening consumption demand.
In January 2025, Vietnam's shrimp exports to the UK reached over 16 million USD, an 8% increase compared to the same period last year. The UK is the sixth-largest individual market for Vietnam’s shrimp imports, accounting for 5.5% of the total shrimp exports to various markets. Shrimp also holds the largest share (70%) in Vietnam’s total seafood exports to the UK.
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