Pakistan’s seafood exports have crossed the $500 million mark for the first time, marking a major milestone for the country’s maritime sector. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry announced the achievement on Saturday. He said the target was met 46 days before the end of the fiscal year.
The minister credited reforms, improved facilitation, and expanded global market access for the growth. He said coordinated efforts between maritime authorities and fisheries departments helped modernize the sector. Moreover, he noted that rising international demand supported stronger export performance.
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Pakistan has also secured new market access, including approval to export seafood to Russia for the first time. Sixteen companies have already been authorized for shipments, opening further opportunities in Eurasian markets. Consequently, officials expect significant future export growth from new trade routes.
China remained the largest buyer, accounting for nearly 59 percent of total seafood exports. Thailand, the UAE, Malaysia, and Japan also contributed to rising demand. Furthermore, diversification into Europe, the US, and Central Asia strengthened Pakistan’s export base.
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The government also plans a $60–80 million seafood processing and export zone at Korangi Fisheries Harbour. The facility will include cold storage, packaging units, and modern processing infrastructure. Authorities say the project will boost value addition and support long-term growth of the blue economy.