, Nov. 18 -- Bangladesh's shrimp industry, once a $500 million export engine but now earning less than $300 million, could scale up to $5 billion within five years with the right policy support, industry leaders say.

An analysis of export data from the Export Promotion Bureau (EPB) shows that in the 2015-16 fiscal year, the country earned $529 million from shrimp exports. Since then, exports have dropped sharply.

While shrimp exports rose by 19 percent in the 2024-25 fiscal year, the figure is still far from the sector's past heights.

Addressing why this promising industry has faltered and whether the current upward trend signals a strong future, Professor Asif Wares Newaz of Sher-e-Bangla Agricultural University's Department of Fishin...