Riding on a robust demand for its frozen shrimp and frozen fish in
international markets, India exported 11,34,948 Metric Tons of seafood worth an all time high of 5.78 billion YS Dollars (Rs 37, 870.90 crore)
in 2016-17 as against 9,45,892 tons and 4.69 billion US dollars a year earlier,
with USA and South East Asia continuing to be the major importers while the
demand from the European Union (EU) grew substantially during the period.
Frozen shrimp maintained its position as the top item of export, accounting
for 38.28 per cent in quantity and 64.50 per cent of the total earnings in
dollar terms. Shrimp exports increased by 16.21 per cent in terms of quantity
and 20.33 per cent in dollar terms. Frozen Fish was the second largest export
item, accounting for a share of 26.15 per cent in quantity and 11.64 per cent
in dollar earnings, registering a growth of 26.92 per cent in terms of value.
USA imported 1,88,617 MT of Indian seafood, accounting for 29.98 per cent
in terms of dollar. Export to that country registered a growth of 22.72 per
cent, 33 per cent and 29.82 per cent in terms of quantity, value in rupee and
US dollars, respectively.
South East Asia remained the second largest destination of India’s marine
products, with a share of 29.91 per cent in dollar terms, followed by the EU
(17.98 per cent), Japan (6.83 per cent), the Middle East (4.78 per cent), China
(3.50 per cent) and other countries (7.03 per cent).
Overall, exports to South East Asia increased by 47.41 per cent in
quantity, 52.84 per cent in rupee value and 49.90 per cent in dollar earnings.
“Increased production of L. Vannamei, diversification of aquaculture
species, sustained measures to ensure quality, and increase in infrastructure
facilities for production of value added products were largely responsible for
India’s positive growth in exports of seafood,” said Mrs. Nirmala Sitharaman,
Commerce Minister said,
The overall export of shrimp during 2016-17 was pegged at 4, 34,484 MT
worth USD 3,726.36 million. USA was the largest import market for frozen shrimp
(1, 65,827 MT), followed by the EU (77,178 MT), South East Asia (1, 05,763 MT),
Japan (31,284 MT), Middle East (19,554 MT), China (7818 MT) and other countries
The export of Vannamei shrimp, a major seafood delicacy, improved from 2,
56,699 MT to 3,29,766 MT in 2016-17, registering a growth of 28.46 per cent in
quantity. In value terms, 49.55 per cent of total Vannamei shrimp was exported
to USA followed by 23.28 per cent to South East Asian countries, 13.17 per cent
to the EU, 4.53 per cent to Japan, 3.02 per cent to the Middle East and 1.35
per cent to China.
Japan was the major market for Black Tiger shrimp with a share of 43.84 per
cent in terms of value, followed by USA (23.44) and South East Asia (11.33).
Frozen shrimp continued to be the principal export item to USA with a share of
94.77 per cent in dollar value while Vannamei shrimp to that country showed an
increase of 25.60 per cent in quantity and 31.75 per cent in dollar terms.
Vietnam, with a share of 76.57 per cent in value (US dollar), was the major
South East Asian market for Indian marine products, followed by Thailand (12.93
per cent), Taiwan (3.88 per cent), Malaysia (2.60 per cent), Singapore (2.21
per cent), South Korea (1.50 per cent) and other countries (0.30 per cent).
Vietnam alone imported 3, 18,171 MT of Indian seafood, the quantity being much
more than that of any other individual markets like US, Japan or China.
The EU continued to be the third largest destination for Indian marine
products with a share of 16.73 per cent in quantity. Frozen shrimp was the
major item of exports, accounting for 40.66 per cent in quantity and 55.15 per
cent in dollar earnings out of the total exports to the EU. Exports of Vannamei
shrimp to the EU improved by 9.76 per cent in quantity and 11.40 per cent in
Japan, the fourth largest destination for Indian seafood, accounted for
6.83 per cent in earnings and 6.08 per cent in quantity terms. Frozen shrimp
continued to be the major item of exports to Japan with a share of 45.31 per
cent in quantity and 77.29 per cent in value out of the total exports to that
Besides frozen shrimp and frozen fish, India’s other major seafood product
was frozen squid, which recorded a growth of 21.50 per cent, 59.44 per cent and
57 per cent in terms of quantity, rupee value and dollar earnings,
respectively. Export of frozen cuttlefish showed a decline in quantity terms,
but increased in the rupee value and dollar terms by 18.85 per cent and 16.95
per cent, respectively.
Dried items registered a growth of 40.98%, 20.14% & 79.05% in terms of
quantity, rupee value and dollar terms, respectively.
Indian ports handled a total marine cargo of 11,34,948 tons worth Rs
37,870.90 crore (5,777.61 million dollars) in 2016-17 as compared to 9,45,892
tons worth Rs 30,420.83 crore (4,687.94 million dollars) in 2015-16.
Visakhapatnam, Kochi, Kolkata, Pipavav and Jawaharlal Nehru Port (JNP) were
major ports that handled the marine cargo during 2016-17. Exports improved from
Visakhapatnam, Kochi, Kolkata, Pipavav, JNP, Krishnapatanam and Tuticorin as
compared to 2015-16.
Visakhapatnam port exported 1,59,973 tons of marine cargo worth Rs 9,294.31
crore (1,401.94 million US dollars) in 2016-17 as compared to 1,28,718 tons
worth Rs 7,161 crore (1,105.76 million dollars) in 2015-16.
This was was followed by Kochi (1,55,989 tons, Rs 4,447.05 crore), Kolkata
(1,04668 tons, Rs 4,451.67 crore), Pipavav (2,32,391 tons, Rs 4,217.45 crore),
JNPT (1,49,914 tons, Rs 4,084.96 crore), Krishnapatnam (62,049 tons, Rs
3,701.63 crore), Tuticorin (42,026 tons, Rs 2,220.52 crore), and Chennai
(37,305 tons, 1,693.87 crore).