China imports 13,866 tons of fish meal from Pakistan in Jan-Feb.
BEIJING -- China has imported 13,866 tons of fish meal with a value of over US $15.68 million from Pakistan in the first two months of this year, registering a year-on-year increase of 250.59 percent, according to Chinese customs data.
Despite the COVID-19 pandemic, bilateral trade between Pakistan and China has increased significantly. Pakistan's exports to China stood at US$ 670.72 million in January- February of FY22, up 22.77 per cent from US$ 546.30 million in the same period of the previous year.
According to the General Administration of Customs of the People's Republic of China (GACC), flours and meals of fish, used in animal feeding commodity code (23012010) from Pakistan, crossed US$ 15.68 million with a total volume of 13,866 tons, while last year it was US$ 4.47 million with a total volume 4,917 tons in the January- February period.
Data showed that in 2021, the total fish meals used in animal feeding, imported from Pakistan was 40,654.92 tons, worth US$40.53 million, China Economic Net (CEN) reported.
Khurram Naseeb, A-One Fish Meal in Karachi, said that there were several reasons for the growth, including a short supply from other countries: almost all suppliers including Vietnam, Malaysia, Thailand, the USA, Ecuador, Mauritania and Morocco...
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