EU India's third largest marine export destination

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SME Times News Bureau | 17 Jul, 2020

European Union has continued to be the third largest export destination for Indian marine products, informed Minister of State in the Ministry of Commerce and Industry, Hardeep Singh Puriin.

In a written reply in the Lok Sabha, Puriin said European Union (12.96% of export value in USD) continued to be the third largest export destination for marine products after USA (34%) and South East Asia (21.7%).

India exported 159274 metric tonnes of marine products worth over Rs 6,000 crore in 2018-19.

Total exports of India's marine product to global markets amounted to 1356098 metric tonnes worth over Rs 46085.

European Union have not placed any procedural ban on export of marine products from India, he added.