In 2024, Batam has demonstrated a vibrant trend in fish exports, totaling 2,407.5 tons by May, reflecting a robust market mainly oriented towards Singapore.
The thriving fisheries sector in Batam has successfully exported a significant volume of fish, leveraging improved production capabilities and strategic market positioning to meet the high demand from neighboring Singapore.
The highest export was recorded in January with 546.06 tons valued at SGD 2.04 million, showcasing the seasonal fluctuations and the sustained demand throughout the first half of 2024.
The total value of fish exports reached SGD 8.86 million by May 2024, underlining the economic significance of this sector to Batam’s local economy.
Singapore remains the principal destination for Batam’s fish exports, where premium prices justify the preference for export over local sales.
Not all catch is exported; selective species like selar and benggol are sold locally in Batam, highlighting a strategic approach to market segmentation.
Read More:Batam’s Fishery Exports Surpass SGD 8.87 Million in Five Months
Local fishermen like Wawan benefit from higher earnings by selling their catch directly to Singapore, especially during festive seasons like the Chinese New Year when demand spikes.
The substantial volume of fish exports from Batam to Singapore not only underscores the strong bilateral trade relations but also indicates the potential for further growth in this sector. This consistent demand from Singapore offers a dependable market for Batam’s fishermen, fostering economic stability and growth within the region.
Throughout 2024, Batam has exported a significant amount of fish, totaling 2,407.5 tons, predominantly to Singapore. This trade dynamic supports local economic development and underscores the importance of Singapore as a key export market for Batam’s fisheries industry, reflecting both regions’ interdependence and the strategic importance of this maritime trade.
Source: Go Kepri (2024)
