Rising demand, strategic partnerships drive growth in trade, says official
Pakistan’s 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, according to Ghulam Qadir, Investment and Trade Counsellor at the Pakistan Embassy in Beijing.
Qadir noted that Pakistan’s 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’s Republic of China (GACC).
“This growth can be attributed to various factors, such as improved trade relations between the two countries, participation in the China Fisheries and 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,” the counsellor elaborated.
Qadir informed that, according to GACC, exports of frozen fish crossed $60.63 million in 2023. Fresh/chilled crabs saw an increase to $42.59 million and exports of frozen cuttlefish reached $34.93 million from Pakistan to China in 2023.
He also highlighted that Pakistan organised 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.
THE ARTICLE ORIGINALLY APPEARED ON THE CHINA ECONOMIC NET
Published in The Express Tribune, March 15^th, 2024.
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.
COMMENTS

Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ
104 K
Mehdi Hasan on Media Bias and Public Perception of Israel-Palestine Conflict
Prince William Honors Princess Diana's Legacy at Diana Award Ceremony
Mehdi Hasan Critiques Netanyahu's Response to October 7th Events
SpaceX's Starship Test Flight: Milestones and Challenges Ahead
Australia Resumes Funding to UNRWA After Consultations | Foreign Minister Penny Wong
Election Commission of Pakistan Sets By-Election Date for April 21
IAEA Chief Rafael Grossi Addresses Nuclear War Fears and Fukushima Safety
Ex-US Ambassador Chas Freeman Critiques Gaza Situation and US-Israel Relations
Over 300 Activists Stage Protest at San Francisco Airport for Gaza Ceasefire
Daniel Levy Criticizes U.S. Seaport Plan in Gaza: Calls for Policy Rethink
JV with Chinese solar firm to bring $700m in investments
Cheaper Chinese EVs dominate world markets
Millers oppose ban on molasses export
Exports to China jump 44.53% in 7 months
Dar eyes enhanced cooperation with UAE
Pakistan to host ODI tri-series after 20 years
FO rejects reports of IAEA delegation's visit to Pakistan
‘Anti-national’ PTI bent on sabotaging Pakistan-IMF deal: Tarar
US Ambassador meets PM amid IMF talks
Experts weigh in on PTI’s decision-making after reserved seats verdict
Makeup Mastery
Revolutionising Runways
From Disorder to Tranquillity: The Art of Minimalist Living
فلائی جناح کا لاہور اور شارجہ کے درمیان نان اسٹاپ 2 پروازیں چلانے کا اعلان
ڈالر کی انٹربینک اور اوپن مارکیٹ قیمت میں معمولی کمی
اسٹاک مارکیٹ میں ایک روز بعد دوبارہ مندی، 44ارب 19کروڑ ڈوب گئے
آئی ایم ایف نے پی آئی اے، حکومتی ملکیتی اداروں کی نجکاری کا پلان طلب کرلیا
پی ٹی آئی دور میں ایمنسٹی لینے والے بلڈرز کے کمپلیشن سرٹیفکیٹس کی تصدیق کروانے کا فیصلہ
پٹرولیم مصنوعات کی قیمتوں میں ردوبدل کا امکان نہیں
Kidnapping drama unravels as two siblings return home in Karachi
Gandapur asks Shehbaz to engage with Imran
IMF asks Pakistan to revisit NFC award
Govt aims to reduce pension, wage bill
PHC dashes PTI hopes of getting reserved seats
Fishermen haul in 300 croakers worth millions of rupees
Right to veto: a stumbling block to averting atrocities
Arab world and the Palestinian statehood challenge
What don’t our politicos get?
The enigma of black holes
The rationality of Afghan bitterness towards Pakistan
Our software is updated
This material may not be published, broadcast, rewritten, redistributed or derived from. Unless otherwise stated, all content is copyrighted © 2024 The Express Tribune.

source