As a reverine delta basin Country Bangladesh with its warm tropical climate is ideally located and offers a vast reserve of fresh brackish water fish, including the sea food/shrimps. Bangladesh has 45.75 million hectors of inland water and 480- sq. km. coastline. During 2008-2009 fiscal year about 2.70 million metric tons of fish including shrimp were produced from different sources. The percentage of increase of fish production was 5.39%
Fisheries sector plays a vital role in economic development of Bangladesh contributing about 4.75% of the country's GDP. About 1.2 million people directly and 10 million people indirectly are associated with this sector for their livelihood.
The development of fisheries sector is one of the top priorities of the Govt. And included in the 'thrust sector' of our export policy. Planned culture of shrimp and fish has been encouraged in the Country through the private sector with adequate financial and technical support of the government. The exuberance of the entrepreneurs coupled with the given support resulted in the rapid development of the sector and helped emerge Bangladesh as potential supplier of shrimp and fish within a short span of time . During the last 25 years, number of fish processing plant increased from 15 to 90 and export earning increased from US$ 3.17 million to US$ 454.53 million ; export of shrimp generally accounts for 84% of the export earning. The existing processing plants in the country have a total capacity of processing 200,000 metric ton of fishery products.
Bangladesh has exported 210.28 million pound fish products in the year 2008-2009. It is exporting frozen shrimp to about 30 countries of the world of which USA, JAPAN, BELGIUM, UK, THE NETHERLANDS, FRANCE, ITALY, GERMANY, CANADA & SOUTH AFRICA are the most leading buying countries. During the year 2008-2009 the country has performed contracts for US $ 454.53 million through export of fish products of shrimp to the overseas countries.