A comparative analysis on expansion of Pakistan fisheries trade: World & China

1643-1650China Pakistan Economic Corridor (CPEC) is a major pillar of Belt and Road initiative project of Chinese Government. China has investing billions of US$s in Pakistan to forestall the major energy crises, bilateral trade and mutual development. This research article describes the comparative analysis of fisheries products exported from Pakistan to china and rest of the world. An in-depth analysis is done on cooperation position and coming possibilities in export by fisheries product between Pak-China. On this basis, we will explore into how the “Belt and Road Initiative” will promote further expansion of China-Pakistan Economic Trade Cooperation and propose specific measures for China-Pakistan to expand economic and trade cooperation. China is the one of the biggest export markets of fisheries products from Pakistan. China has imported and exported 39599 thousand tons of fisheries products and this figure is expected increase in future. The annual growth in value from 2014 to 2018 exports of fish & fishery products from Pakistan to the China registered high growth in fresh or chilled (0302) fish products which increased by 20 %, 18 % growth is observed in dried or salted (0305), 17 % growth in live fish (0301) and 13 % in frozen fish (0303) products. While, the annual growth in export value from 2014 to 2018 to the World have registered an increase at 14 % in fish fleets (0304), 12 % in Molluscs (0307), 11 % in frozen fish (0303) and 10 % in dried or salted (0305) fish products