Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Value of Instagram-style Xiaohongshu soars 19% in 3 months to US$31 billion in GSR’s books

September 4, 2025

Why daughter of North Korea’s Kim Jong-un has inched closer to becoming next ruler

September 4, 2025

Tech war: China advances in AI agentic tools as Tencent, ByteDance weigh in

September 4, 2025
Facebook X (Twitter) Instagram
Thursday, September 4
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Pakistan’s blue economy: seafood exports can hit $2bn with right policies – Business & Finance
Economist Intelligence

Pakistan’s blue economy: seafood exports can hit $2bn with right policies – Business & Finance

adminBy adminSeptember 3, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 4


KARACHI: As Pakistan secures four-year US export approval for seafood, experts say fostering value-added seafood products can bolster Pakistan’s blue economy, as can ‘aquaculture’ and ‘aquatourism’.

‘Value-added’ refers to processing, modifying, or enhancing raw seafood products to increase their market value, consumer appeal, shelf life, or convenience. This could mean cleaning, gutting, filleting, peeling, and freezing the produce, or breading, marinating, canning or even smoking it.

Sindh Additional Secretary Technical Livestock and Fisheries Dr Ali Mohammad Mastoi told Business Recorder: “Aquaculture (farming of aquatic organisms) and aquatourism (tourism activities that take place in or on water-based environments) can transform the maritime economy and raise it to billions of dollars in a couple of years, if all-out efforts are sincerely made“.

’We can scale up our fish stock through aquaculture and attract local and international tourists through aquatourism,“ he said.

“We should disseminate awareness about them and explore huge business opportunities on the coastal areas of Sindh and Balochistan by setting up aquaculture and spots for aquatourism including water-based recreational activities,” he added.

Meanwhile Friends Food Export Company’s Manager R&D Shah Mehran said Pakistan’s exports in terms of overall seafood products is approximately $500 million annually, of which $2 million comes from the US.

“We can enhance overall seafood exports to $2 billion in three to four years. Exports to the US can be increased to $500 million from $2 million annually if we improve hygienic conditions and follow international standards including rules and regulations.“

There are two processing plants in the country – Friends Food Export Company and Seagreen Enterprises – which are allowed to export to European countries. Others are not permitted due to unhygienic condition and not following proper guidelines set by international organistaions.

Pakistan already exports to China, Europe, Southeast Asia, the Middle East, US, Japan and others. However, there is potential to significantly increase these exports.

Mehran explained that Pakistan exports frozen fish to China without value-addition. Chinese importers then do “proper value-addition” and export the seafood to other countries for more money, an opportunity Pakistan should tap into.

Europe could also be a major potential market for value-added seafood, as people prefer products which are ready for cooking. Russia, too, should be looked into, he said.

He believes Pakistan needs state-of-the-art plants for value-added seafood products and visionary exporters.

Currently, seafood exporters are uneducated and happy to be earning in dollars as opposed to rupees, without the incentives to improve standards.

Policy makers of the country must remove hindrances like poor boats, unhygienic conditions, he said. Above all they should train and encourage fishermen to ensure sanitation, adopt new techniques such as Ikejime (Japanese technique to preserve the quality of seafood and enhance shelf life), and focus on catching highly expensive fish like the bluefin tuna instead of just going after bulk fish.

It is also worth noting that the Food Agriculture Organisation (FAO)’s survey 2015 was quoted as saying that approximately 40% to 80% of diverse species under the sea in Pakistan have migrated as sewage and polluted waste of industries and residential areas take a heavy toll on the sea’s ecosystem.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Economist Intelligence

600 economists back Fed Governor – Business & Finance

September 3, 2025
Economist Intelligence

FIA arrests FBR officials in smuggled vehicle legalisation case – Business & Finance

September 3, 2025
Economist Intelligence

Senate panel proposes placing Virtual Assets Authority under Finance Division – Business & Finance

September 3, 2025
Economist Intelligence

HUBCO Green expands EV charging network in Pakistan’s major cities – Business & Finance

September 3, 2025
Economist Intelligence

Gold prices soar to new all-time high in Pakistan – Markets

September 3, 2025
Economist Intelligence

Gold prices soar to new all-time high in Pakistan – Markets

September 3, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

600 economists back Fed Governor – Business & Finance

September 3, 2025

FIA arrests FBR officials in smuggled vehicle legalisation case – Business & Finance

September 3, 2025

Senate panel proposes placing Virtual Assets Authority under Finance Division – Business & Finance

September 3, 2025

Pakistan’s blue economy: seafood exports can hit $2bn with right policies – Business & Finance

September 3, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Value of Instagram-style Xiaohongshu soars 19% in 3 months to US$31 billion in GSR’s books
  • Why daughter of North Korea’s Kim Jong-un has inched closer to becoming next ruler
  • Tech war: China advances in AI agentic tools as Tencent, ByteDance weigh in
  • China’s EV marques must redouble deliveries in coming months to meet 2025 break-even goal
  • China’s EV marques must redouble deliveries in coming months to meet 2025 break-even goal

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Value of Instagram-style Xiaohongshu soars 19% in 3 months to US$31 billion in GSR’s books

September 4, 2025

Why daughter of North Korea’s Kim Jong-un has inched closer to becoming next ruler

September 4, 2025

Tech war: China advances in AI agentic tools as Tencent, ByteDance weigh in

September 4, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.