Maldives canned fish exports surge 22.5 percent in May

Maldives canned fish exports surged 22.5% in May, with total exports worth USD 6.36 million. Canned tuna shipments rose to 38 million cans from 31 million in April, valued at USD 2.46 million. The UK became the top market, importing USD 2.33 million, followed by Thailand at USD 2.27 million. The government raised fish purchase price to USD 1.30 per kg to incentivize fishermen. Additionally, the UK suspended tariffs on Maldivian fish for two years, expected to double the current USD 25 million annual exports.

Maldives canned fish exports surged 22.5% in May, with total exports worth USD 6.36 million. Canned tuna shipments rose to 38 million cans from 31 million in April, valued at USD 2.46 million. The UK became the top market, importing USD 2.33 million, followed by Thailand at USD 2.27 million. The government raised fish purchase price to USD 1.30 per kg to incentivize fishermen. Additionally, the UK suspended tariffs on Maldivian fish for two years, expected to double the current USD 25 million annual exports.

Maldives canned fish exports surged 22.5% in May, with total exports worth USD 6.36 million. Canned tuna shipments rose to 38 million cans from 31 million in April, valued at USD 2.46 million. The UK became the top market, importing USD 2.33 million, followed by Thailand at USD 2.27 million. The government raised fish purchase price to USD 1.30 per kg to incentivize fishermen. Additionally, the UK suspended tariffs on Maldivian fish for two years, expected to double the current USD 25 million annual exports.

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