India's Seafood Exports Reach USD 7.45 Billion in FY2024-25 Amid Volume Decline
| Category | Details |
|---|---|
| Event/Highlight | India's seafood export performance remained stable in FY2024-25, earning USD 7.45 billion. |
| Total Export Earnings | USD 7.45 billion |
| Previous Year Earnings | USD 7.38 billion |
| Export Volume | 16,98,170 tonnes (down from 17,81,602 tonnes in FY2023-24) |
| Top Export Product | Frozen shrimp (USD 5.17 billion), contributing 43.67% of total export quantity and 69.46% of total dollar earnings. |
| Other Major Exports | Frozen fish (USD 622.60 million), Frozen squid (USD 367.68 million) |
| Top Export Destinations | United States (USD 2.71 billion), China (USD 1.27 billion), European Union (USD 1.12 billion), Southeast Asia (USD 974.99 million), Japan (USD 411.55 million), Middle East (USD 278.31 million). |
| Key Ports | Visakhapatnam (Vizag), Jawaharlal Nehru Port Trust (JNPT) |
| Challenges | Declining shipment volume, weakening international demand, rising compliance costs, global logistics and freight challenges, climate impacts on marine harvests. |
| Resilience Factors | Quality compliance, product diversification, cold chain infrastructure, certification schemes, digital traceability, market expansion efforts. |