Fish exports from Myanmar are falling far short of expectations in the 2013-14 fiscal year, 15 percent less at $550 million compared to the prior year’s $650 million.
The country set a revenue target of $700 million for the year, $150 million more than what it actually achieved, according to U Toe Nandar Tin, treasurer of the Myanmar Fisheries Processors and Exporters Association of the Myanmar Fisheries Federation.
"Not only is income down, but so is export tonnage,” said U Toe Nandar Tin, the Myanmar Times reported on Monday. “We have earned only about $400 million in revenues so far this year, and based on that we will not meet last year’s number.”
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