Pakistan’s Seafood Exports Rise 20.5% to $489.2M in 11 Months

Pakistan’s seafood exports surged to USD 489.2 million during the first 11 months of fiscal year 2024–25, marking an impressive 20.5% rise compared to the same period last year. The growth reflects stronger volumes, diversification, and improved regulations, and signals a rebound after last year's downturn.

• Export value: USD 489.2 million (up from $406 million) 

• Export volume: 242,484 metric tons—up 19.8% (from 202,400 t)

• Major markets:

• China: 99,238 t, USD 186 million

• Thailand: USD 105.7 million

The top export categories by value include:

• Fish meal: 79,090 USD 160 million 

• Frozen fish: USD 103.11 million

• Shrimps: USD 61.4 million

• Crabs: USD 29.68 million

• Mackerels: USD 23 million 

• Other species include sole, jellyfish, and skates

• China remains the largest importer by volume and value

• Thailand is the second wave of demand at USD 105.7 million

• Countries such as the UAE, Malaysia, Japan, South Korea, Kuwait, Saudi Arabia, Vietnam, and Indonesia also emerged as important buyers 

• The EU market boom reflects Pakistan’s entry into the premium, sustainable seafood segments

• Regulatory reforms: Stronger oversight and modern facilitations have boosted credibility.

• Export diversification: Pakistan has moved into high-value species like crab and shrimp 

• Improved infrastructure: Better ports and processing facilities improved quality and capacity.

• Global demand: Rebounding global markets, evolving dietary patterns, and growing EU appetite are lifting volumes.

• Non‑tax revenue from fisheries jumped 131.7%, from PKR 101 million to PKR 234 million, 

• This reflects improved fee collection and digital tracking efforts 
  

  Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry emphasized:

  “This consistent upward trend is not just about rising trade figures; it's also about better governance and stronger institutions.”

  He credited regulatory reforms, infrastructure upgrades, and sustainable practices for the positive trajectory. Plans include more market development, responsible resource management, and aquaculture expansion

• China–Pakistan FTA offers tariff-free access for seafood, boosting prospects in Chinese markets 

• Vietnam cooperation: Seafood exports reached USD 9 million in 2024; goal set for USD 25–30 million by 2028, 

• Gulf countries like the UAE and Saudi Arabia are emerging high-value markets.

Pakistan’s seafood sector delivered a robust performance in FY 2024–25, achieving USD 489.2 million in exports, driven by a 20.5% increase in value and nearly 20% in volume. Thanks to regulatory reforms, improved infrastructure, and global market demand, the industry is on track to reach and surpass its 2022–23 high. However, unlocking its full potential will require tackling quality compliance, boosting value-added exports, and ramping up aquaculture initiatives. By partnering across public and private sectors, Pakistan’s fisheries can emerge as a leading exporter and sustainable economic contributor.