India’s Seafood Exports Stay Flat In FY25 At $7.45 Billion


The nation’s seafood exports remained flat at $7.45 billion throughout 2024-25, the commerce ministry mentioned on Saturday. The shipments in quantity phrases, nonetheless, dipped to 16,98,170 tonne final fiscal 12 months.

Based on the ministry’s assertion on June 19 final 12 months, India’s seafood exports of 17,81,602 tonne in 2023-34 had been price Rs 60,523.89 crore ($7.38 billion).

‘India shipped 16,98,170 tonne of seafood price Rs 62,408.45 crore ($ 7.45 billion) throughout 2024-25,’ the ministry mentioned. Among the many seafoods, frozen shrimp remained the foremost exported merchandise when it comes to amount and worth each, whereas the US and China turned out to be the foremost importers of India’s seafood. The exports stood at $5.17 billion, accounting for a share of 43.67% in amount and 69.46% of the overall greenback earnings.

Frozen fish, the second largest exported merchandise, fetched $622.60 million. It was adopted by frozen squid ($367.68 million). The ministry mentioned that the US continued to be the foremost importer of Indian seafood in worth phrases with an import price $2.71 billion as in opposition to $2.55 billion in 2023-24.

India exported seafood price $1.27 billion to China, $1.12 billion to the European Union, $974.99 million to South East Asia, $411.55 million to Japan, and $278.31 million to the Center East. The highest two ports which dealt with seafood cargo had been Vizag and JNPT.

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