Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
According to the latest data, the marine export from
India from April to February 2023 – 24 was $6.8 billion, a decline of 7.5 %
compared to the previous year. The
decline in exports for the 2023-24 fiscal year is attributed to a decline in
exports to the US and Europe.
The government of India has set a target of marine
exports of $9.1
billion in 2023-24.
India is the third-largest fish-producing country
in the world, contributing
8 per cent to global fish production. India ranks second in
aquaculture production in the world.
The top marine items to be exported from India are; Frozen shrimp. The value of exports
was $5.41 billion or
Rs 43135.58 crore; Frozen Fish- $687.05 million or Rs 5503.18 crore ;
Frozen CuttleFish – $ 295.49 million or Rs 2353.34 crore ;Frozen
Squid- $454.61 million or Rs 3593.75 crore and Dried Fish- $384.05 million
or Rs 3080.92 crore
USA, EU China are some
of the major export destination for Indian marine products for 2022-23.
According to MPEDA, the major
marine product for export was frozen shrimp.
The Marine
Products Export Development Authority (MPEDA) is a statutory body established
under the MPEDA Act, 1972. It became functional on 20 April 1972. Its
headquarters are in Kochi,
Kerala..
The Act empowers MPEDA to regulate marine product
exports and take all necessary measures to ensure sustained, quality seafood
exports from the country.
