Export figures of Fish and Food preparations show encouraging trend in July 2020

MG News | August 07, 2020 at 01:18 PM GMT+05:00

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August 07, 2020 (MLN): Exports of Fish and Fish Products in July 2020 have increased by 50% YoY to US$26 million from US$17 million, said Abdul Razak Dawood.

Advisor to PM for Commerce and Investment has announced on his twitter handle that in line with export product diversification strategy, the exports of the mentioned products have shown encouraging trends in July 2020 over July 2019.

The export of Food Preparations increased by more than 300% to US$6.4M from US$1.44M.

He said, ‘Diversification of our exports away from the traditional sectors to new developmental sectors is an important part of our strategy.’

He congratulated exporters in the above two sectors on their performance. ‘We should not worry about the size of any sector, as all large sectors were once small, but must look at the growth potential.’, he said further.

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