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Seafood exports rise 7.5 percent in 2012-13
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SME Times News Bureau | 26 Jun, 2013
India's seafood exports rose 7.5 percent in 2012-13, driven by worldwide demand for frozen shrimps, according to figures released by Marine Products Exports Development Authority (MPEDA) this week.
India exported 928,215 tonnes of seafood valued at US$3511.67 million in 2012-13
23.12 percent of the total exports to South East Asian countries. European Union accounted for 22.14 per cent and the United States 21.9 per cent. A total of 76,648 tonnes of seafood was shipped to Japan.
High-value shrimps, which has always been the niche of Indian seafood export, accounted for a major quantum of export during the year.
Meanwhile, the Ministry of Commerce & Industry Tuesday said that the Marine Products Export Development Authority (MPEDA) in association with the Seafood Exporters Association of India (SEAI) will organise the 19th India International Seafood Show (IISS), a biennial event at Chennai Trade Centre from 10th to 12th January 2014.
"It will also showcase the state-of-the-art technology now being adopted by the Indian processing units to produce and export value added products," the ministry said in a press statement.
"With multifold increase in the production of exotic species, Pacific White legged Shrimp, India is poised for enhancement in production infrastructure, which presents great opportunity to forge new partnerships and strengthen the existing relationship, for all the sectors associated with seafood industry," it added.
Registration for the same can be done at www.indianseafoodexpo.com and in all field offices of MPEDA. An early bird scheme with 25 per cent discount on normal rates will be available for those who register on or before September 30, 2013.
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| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
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61.75
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60.75 |
UK Pound
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102.45
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100.20 |
Euro
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85.65
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83.65 |
| Japanese
Yen |
60.55 |
59.10 |
| As on 23 Apr, 2014 |
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| Daily Poll |
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| At present, industrial slowdown is the biggest challenge to growth |
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