1QFY27 seafood exports surge 74.75pc YoY

Business Recorder reported that Pakistan's seafood exports rose 74.75 per cent in quantity and 74.40 per cent in value during July to September, the first quarter of FY2026-27. The figures were shared by the Ministry of Maritime Affairs on Monday. Export value reached USD 125.4 million, compared with USD 71.9 million in the same period last fiscal year.

Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry said the growth showed the fisheries sector's expanding economic promise amid the country's blue economy plans. Over three years, volume climbed from 35,294 MT in the opening quarter of 2024-25 to 61,679MT in the current first quarter. The minister also credited new overseas outlets, Russia in particular, and a move to resume shrimp shipments to the United States.

He also pressed for easing institutional, technical and capacity constraints that hold back sales to the European Union, a lucrative market. He called for reviving the Fisheries Training Centre to build human-resource capacity and meet international seafood safety requirements. The department's exports reached USD 568 million in FY2025-26, which the minister described as a record.