Total export of Maldivian fish products has experienced a growth of 14% in September 2017.
While the total export has witnessed a 14% growth, the total income received by exporting fish products has witnessed a boom of 8%. The growth in both earnings and volume of fish exports was largely due to significant increase in frozen yellow fin tuna and canned or pouched tuna exports.
In contrast, both volume and earnings from frozen skipjack tuna declined over the period. In monthly terms, both the volume and earnings from fish exports registered a decline of 49% and 44%, respectively. The decline in both the volume and earnings was driven by a decline in frozen skipjack tuna.
In September 2017, fish purchases made by fish processing companies registered an annual and monthly decline of 47% and 44%, respectively.