With a coastline of about 814 kilometer and inland water bodies’ cumulative area of 8 million hectares, Pakistan’s Fishery and Fishing Industry plays a significant part in the national economy. Pakistani seafood has a significant export potential, estimated at 1 million tonnes/ year from the marine subsector alone. The commercially important resources include near 250 demersal fish species, 50 small pelagic fish species, 15 medium-sized pelagic species and 20 large pelagic fish species. In addition, there are also 15 commercial species of shrimp, 12 of cephalopods and 5 of lobster. Pakistan has two fishing seasons: the August to November season for catching shrimp, and October to June season for catching Fish. Marine fisheries account for about 60 percent of the total production, including both fish and shrimps. Shrimps account for only 15percent of the production, but they are of much significance mainly due to their value and demand in foreign markets. During the Fiscal Year 2015-2016, Pakistan exported sea food worth US $325 million. In 1st half of FY 16- 17 (July- Dec 2016), fish exports and preparations have fetched $183.5 million, which shows an increase of more than 10 % as compared to the same period of FY15-16 (US$ 166 million). Exports of seafood are picking up now after falling for last two years. With the facility for exporting frozen seafood to China via land route to be in place from April 2017, coupled with quality certification, the growth trend is expected to continue. The Government of Pakistan is giving serious attention to its cold storage facilities and phytosanitary standards to increase export of fisheries products. There are 37 fish processing plants in Pakistan with the capacity to process 586 tonnes of fish and shrimp daily. Out of these, 27 plants are involved in production of frozen products, two in canning, and eight for fishmeal processing. Pakistani Fish and fishery products are processed and exported to over 50 countries including Vietnam, UAE, Thailand, Sri Lanka, Japan, China, Malaysia, Korea, Egypt and Saudi Arabia. The European Union has also re-started import of Pakistani fish products since 2013. China has, in fact, emerged as the single biggest market for Pakistani shrimp, oyster, lobster and crab, and the second largest market for fish, with the combined market of six GCC countries on the top. The Chinese market is set to expand. In a trial operation in January 2017, about 7.5 million tonnes of different varieties of fish and shrimp were exported from Gwadar to China’s Guangdong province via land route of Khunjerab. This is going to become a regular affair from April 2017. Exporters expect Pakistan to boost seafood exports to $1bn in three to five years by constantly augmenting production through effective implementation of ban on hauling of juvenile fish from designated breeding areas, promotion of modern inland fishing methods and incentivization of fish farming across the country. This offers a very good opportunity to Filipino business community to explore joint ventures in this sector in Pakistan.