Seafood industry expected to expand after EU checks standards

There are only 19 fishery exporters in Myanmar but the number is likely to swell after the EU does standardisation checks next year, Myo Nyunt, secretary of Myanmar Fishery Products Processors and Exporters Association, he said.

“We’ve heard the EU adjudicators will come and check our industries next year. But the official announcement isn’t issued yet. After their examinations, the number of seafood processors is likely to increase,” Myo Nyunt said.

Myanmar fishery products need to pass Sanitation Standard Operating Procedures, a Good Manufacturing Practice and Hazard Analysis and Critical Control Points to win official export licences.

The EU embassy in Myanmar and the Fishery Department have been working to teach relevant officials the EU’s standards.
Tin Wei, deputy director of the Fishery Department, said: “It’s hard to get export licences to the European Union. But one gains prestige among the global market once you get permits.”

Previously there were 20 seafood processors although one exported Myanmar traditional snacks. Meanwhile, chloramphenicol antibiotic residue was found in its products, which saw the company fined Ks 1 million (US$1,000) and its licence blocked for six months.

Currently, seafood processors depend mainly on raw products.


NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. E.g. of search terms would be “property research report”, ”condominium law”, "Dagon City", “MOGE”, “yangon stock exchange”,"MECTEL", "hydropower", etc.

To learn about the business opportunities in Myanmar click here

To evaluate the various segments of the market that you could possibly enter base on your competencies you can do a Custom Market Entry Strategy Research. You can see a sample report at page "Actual Sample of Client Report”. Click here to go to page.

Do you know that IE Singapore is giving up to SGD 20,000 support for Singapore company to venture into Myanmar? To learn more click here

If you are interested to be listed in our Service Provider Directory as a supplier of services or products that we can use to match with the needs of our clients in Myanmar please fill up the online form by clicking here