AIRLINK 74.85 Increased By ▲ 0.56 (0.75%)
BOP 4.98 Increased By ▲ 0.03 (0.61%)
CNERGY 4.49 Increased By ▲ 0.12 (2.75%)
DFML 40.00 Increased By ▲ 1.20 (3.09%)
DGKC 86.35 Increased By ▲ 1.53 (1.8%)
FCCL 21.36 Increased By ▲ 0.15 (0.71%)
FFBL 33.85 Decreased By ▼ -0.27 (-0.79%)
FFL 9.72 Increased By ▲ 0.02 (0.21%)
GGL 10.45 Increased By ▲ 0.03 (0.29%)
HBL 112.74 Decreased By ▼ -0.26 (-0.23%)
HUBC 137.44 Increased By ▲ 1.24 (0.91%)
HUMNL 11.42 Decreased By ▼ -0.48 (-4.03%)
KEL 5.28 Increased By ▲ 0.57 (12.1%)
KOSM 4.63 Increased By ▲ 0.19 (4.28%)
MLCF 37.80 Increased By ▲ 0.15 (0.4%)
OGDC 139.50 Increased By ▲ 3.30 (2.42%)
PAEL 25.61 Increased By ▲ 0.51 (2.03%)
PIAA 20.68 Increased By ▲ 1.44 (7.48%)
PIBTL 6.80 Increased By ▲ 0.09 (1.34%)
PPL 122.20 Increased By ▲ 0.10 (0.08%)
PRL 26.58 Decreased By ▼ -0.07 (-0.26%)
PTC 14.05 Increased By ▲ 0.12 (0.86%)
SEARL 58.98 Increased By ▲ 1.76 (3.08%)
SNGP 68.95 Increased By ▲ 1.35 (2%)
SSGC 10.30 Increased By ▲ 0.05 (0.49%)
TELE 8.38 Decreased By ▼ -0.02 (-0.24%)
TPLP 11.06 Decreased By ▼ -0.07 (-0.63%)
TRG 64.19 Increased By ▲ 1.38 (2.2%)
UNITY 26.55 Increased By ▲ 0.05 (0.19%)
WTL 1.45 Increased By ▲ 0.10 (7.41%)
BR100 7,841 Increased By 30.9 (0.4%)
BR30 25,465 Increased By 315.4 (1.25%)
KSE100 75,114 Increased By 157.8 (0.21%)
KSE30 24,114 Increased By 30.8 (0.13%)

Unabated overfishing continues to scale down the country's seafood catch resulting in a sharp fall in its export by over 17 percent to $17.588 million in July 2015. Pakistan continues to suffer $3.613 million loss in July - a first month of the new fiscal year 2015-16 as compared to the seafood export of $21.201 million in July 2014-15, according to Pakistan Bureau of Statistics.
Exporters and fishermen continued slamming the Sindh government for its 'deaf' approach towards the perilous conditions of the fisheries sector with no rules implementation to streamline the fish and shrimp hunting. In terms of volume, seafood export however showed over two percent or 206 tons of growth to 8,528 tons in July 2015-16 as compared to the fisheries export of 8,322 tons in July 2014-15.
The fisheries stakeholders have asked the government to enforce laws to curb the illegal fishing nets that troubled the entire sector and reduced the landing significantly for the last several years. They said there should be a systemic enforcement of laws to improve fisheries catch.
On a monthly basis, the country's seafood export in July 2015 plummeted by 29 percent or $7.085 million from $24.673 million in June 2015. In terms of volume, the country's seafood export slumped by 20 percent or 2,112 tons in July 2015 from 10,640 tons in June 2015, the official statistics said. Pakistan faced a $20 million seafood export decline during last fiscal year to $349.557 million from $369.458 in the corresponding fiscal year. In terms of volume, the country's seafood export scaled down by 7 percent or 9,859 tons last fiscal year to 140,639 tons compared to 150,498 tons in 2013-14.

Copyright Business Recorder, 2015

Comments

Comments are closed.