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India's seafood exports remain flat in 2024-25 at $7.45 bn

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The country's seafood exports remained flat at USD 7.45 billion during 2024-25, the commerce ministry said on Saturday.

The shipments in volume terms, however, dipped to 16,98,170 tonne last fiscal year.

According to the ministry's statement on June 19 last year, India's seafood exports of 17,81,602 tonne in 2023-34 were worth Rs 60,523.89 crore (USD 7.38 billion).

"India shipped 16,98,170 tonne of seafood worth Rs 62,408.45 crore (USD 7.45 billion) during 2024-25," the ministry said.

Among the seafoods, frozen shrimp remained the major exported item in terms of quantity and value both, while the US and China turned out to be the major importers of India's seafood. The exports stood at USD 5.17 billion, accounting for a share of 43.67 per cent in quantity and 69.46 per cent of the total dollar earnings.

Frozen fish, the second largest exported item, fetched USD 622.60 million. It was followed by frozen squid (USD 367.68 million).

The ministry said that the US continued to be the major importer of Indian seafood in value terms with an import worth USD 2.71 billion as against USD 2.55 billion in 2023-24.

India exported seafood worth USD 1.27 billion to China, USD 1.12 billion to the European Union, USD 974.99 million to South East Asia, USD 411.55 million to Japan, and USD 278.31 million to the Middle East.

The top two ports which handled seafood cargo were Vizag and JNPT.
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