ISLAMABAD
\nPakistan\u2019s seafood exports to China increased by 13% in 2023 compared to the previous year. The rise is due to the growing demand for seafood products in China, a trend that has been steadily increasing over the past few years, China Economic Net reported on Thursday quoting Ghulam Qadir, Investment and Trade Counsellor here at the Pakistan Embassy.
\nQadir noted that Pakistan\u2019s seafood exports to China reached $247.3 million, marking a 13% increase for the January-December period in 2023 year-on-year. In 2022, exports were valued at $219.3 million, while in 2021, they stood at $139.29 million, as per data from the General Administration of Customs of the People\u2019s Republic of China (GACC).
\n\u201cThis growth can be attributed to various factors, such as improved trade relations between the two countries, participation in the China Fisheries & Seafood Expo held in Qingdao last year by a large group of Pakistani fisheries companies, and the implementation of efficient supply chain management strategies in the Pakistani seafood industry.
\nThis positive development has contributed to the overall economic growth and strengthened the ties between Pakistan and China,\u201d the counsellor elaborated. Qadir informed China Economic Net (CEN) that, according to GACC, exports of frozen fish (commodity code 03038990) crossed $60.63 million in 2023.
\nFresh\/chilled crabs (commodity code 03063399) saw an increase to $42.59 million, up from $27.26 million in 2022. Moreover, exports of frozen cuttlefish (commodity code 03074310) reached $34.93 million from Pakistan to China in 2023.
\nHe also highlighted that Pakistan organized the International Food and Agriculture Exhibition in Karachi last year, where a significant number of Chinese, particularly from the seafood association, participated to explore the Pakistani market.
\nThis event showcased Pakistan\u2019s potential as an exporter of quality seafood products and facilitated partnerships that have since boosted Pakistan\u2019s seafood exports to China.<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD Pakistan\u2019s seafood exports to China increased by 13% in 2023 compared to the previous year. The rise is due to the growing demand for seafood products in China, a trend that has been steadily increasing over the past few years, China Economic Net reported on Thursday quoting Ghulam Qadir, Investment and Trade Counsellor here […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-393891","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"\n