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Pakistan worried over export slowdown to China Pakistan worried over export slowdown to China

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By SeafoodSource staff
02 August, 2012 - As the fishing season starts, seafood exporters eye a huge jump in shrimp exports to world markets during this fiscal year, but they are worried by a slowdown in trade with China over the past two months. Fishing boats ventured out into the sea on 1 August, as exporters and fishermen hope that huge landings of shrimps will mark the beginning of the new fishing season.



Exporters are waiting for the next two months to resume exports to China, otherwise they will have to explore new markets. They desire a huge increase in export to China in the current financial year. “Seafood export to China has slowed down in the last two months, but we are hoping that the situation will improve in the next two months. If it does not, we will have to search new venues,” a leading seafood exporter, Akhlaq Hussain Abedi, told Business Recorder on Wednesday. 



However, fishermen, boat owners and exporters are still doubtful about the size of shrimp landing: their last year’s catch was poor. “Boats have just set sails. We will know about the actual extent of the shrimp catch this year when they return. It all depends on sea behavior,” Patron-in-Chief of Sindh Trawler Owners and Fishermen Association Sarwar Siddiqui said.

Click here to read the full story from Business Recorder >