According to the Myanmar Fishery Department, during the first four months period from April to July in this fiscal year Myanmar prawn exports declined by over 30% in comparison with the corresponding period of last fiscal year.

Myanmar could export only over 3,200 tonnes of prawn in the first four months in this fiscal year and earned over US$12 million from these exports. This is a 1,674 tonne drop from 4,886 in the same period last year.

Contributing factors to the drop include power shortages and outages that caused problems with cold storage.

Myanmar exports its fishery products to a total of 40 countries including Japan, Middle Eastern countries, EU countries, Malaysia, China (Taipei), Australia, and Thailand.

The fishery products are being exported by both sea trade and border trade but Bangladesh has currently halted the buying of fishery products from Myanmar.