Seafood exports grow 13% in April-January
Kochi: Strengthening its position as a leading supplier of quality frozen shrimp and frozen fish in international markets, India's seafood exports registered over 13 per cent growth during the first 10 months of FY 2017-18.
Data released by the Marine Products Exports Development Authority (MPEDA) here on Thursday said India exported 10,85,378 MT of seafood valued at Rs 35,916.60 crore from April, 2017 to January, 2018 as against 9,54,744 MT and Rs 32,620.03 crore, respectively a year earlier.
The exports registered a growth of 13.68 per cent in terms of quantity and 10.11 per cent in value.
In dollar terms, exports were pegged at $5.64 billion during April 2017-January 2018 as compared to 4.98 billion dollars during the same period in the previous fiscal, marking a 13.27 per cent growth. USA, South East Asia and the European Union (EU) continued to be the three major importers while the demand from Japan registered substantial increase during the period.