Iran’s fishery exports reached $310 million in the year ending March 21, 2024, showing steady growth across the sector. Moreover, this increase demonstrates Iran’s expanding presence in international seafood markets and rising regional demand.
According to the Islamic Republic of Iran Customs Administration (IRICA), Iran shipped 149 tons of fishery products abroad. Consequently, this represents a 12% increase in volume and a 3% rise in value compared to the previous year. Notably, shrimp alone contributed $98.4 million, accounting for nearly one-third of total seafood revenue.
The leading buyers of Iranian seafood included the UAE, China, Russia, and Iraq. Furthermore, analysts say these markets provide reliable demand and help stabilize the sector’s growth. Therefore, Iran’s strong trade relations with these countries are expected to continue.
Meanwhile, Iran imported approximately 24,000 tons of fishery products valued at $72 million. This marked a significant 121% increase in volume and a 113% increase in value year-over-year. In addition, the UAE, Ghana, and Seychelles supplied the majority of these imports, highlighting the country’s diversified sourcing strategy.
Industry officials emphasize that rising export volumes signal a positive trajectory for Iran’s seafood sector. “Better production techniques and improved logistics are strengthening Iran’s position internationally,” said a senior IRICA representative. In particular, shrimp remains the most profitable segment, attracting high demand in global markets.
The growth also reflects government support for aquaculture and sustainable fishing practices. Specifically, policies promoting high-quality production and environmental sustainability have helped expand export capacity. Moreover, officials stress that adhering to international standards is essential for long-term growth.
The trend carries broader economic implications, as seafood trade contributes to non-oil revenue. In addition, analysts suggest expanding export channels will reduce reliance on a limited number of markets. Increasing production efficiency may also lower costs and improve competitiveness.
Looking ahead, Iran plans to strengthen trade with existing partners and explore new opportunities in Asia and Europe. With growing domestic production and better logistics, the sector is poised to play a larger role in Iran’s foreign trade in coming years. Consequently, fishery exports could become a more vital contributor to the national economy.