India exported 17,35,286 tonnes of seafood worth ₹63,969.14 crore ($8.09 billion) during 2022-23, with frozen shrimp remaining the major export item in terms of quantity and value, while the United States and China turned out to be the major importers of India’s seafood, said a release from the Marine Products Export Development Authority (MPEDA) here on Wednesday.
During financial year 2022-23, export improved in quantity terms by 26.73%, in rupee terms by 11.08%, and in dollar terms by 4.31%. In 2021-22, India exported 13,69,264 tonnes of seafood worth ₹57,586.48 crore ($7,759.58 million), said MPEDA chairman D.V. Swamy.
India did well to achieve all-time high exports worth $8.09 billion with a volume of 17,35,286 tonnes despite several challenges in its major export markets like the US.
