{"id":51162,"date":"2014-05-31T10:15:24","date_gmt":"2014-05-31T07:15:24","guid":{"rendered":"http:\/\/www.nationalturk.com\/en\/?p=51162"},"modified":"2014-05-31T10:15:24","modified_gmt":"2014-05-31T07:15:24","slug":"indian-sea-food-products-exports-cross-us-5-billion-51162","status":"publish","type":"post","link":"https:\/\/www.nationalturk.com\/en\/indian-sea-food-products-exports-cross-us-5-billion-51162\/","title":{"rendered":"Indian sea food products exports cross US $ 5 billion"},"content":{"rendered":"
\"Indian
Indian seafood products.<\/figcaption><\/figure>\n

The exports of marine products by India have reached an all-time high of US$ 5 billion.<\/h1>\n

New Delhi, May 31\/Nationalturk \u2013 In a good news for Indian economy, the exports of marine products by India have reached an all-time high of US$ 5 billion.<\/p>\n

\u201cDuring the financial year 2013-14, exports of marine products reached US$ 5007.70 million. Marine product exports crossed all previous records in quantity and US$ terms,\u201d an official spokesman said.<\/p>\n

He said exports aggregated to 9,83,756 MT valued at US$ 5,007.70 million.<\/p>\n

Compared to the previous year, seafood exports recorded a growth of 5.98 % in quantity and 42.6 % growth in US$ earnings respectively.<\/p>\n

\u201cThe unit value realization also reached to record high from USD\/Kg 3.78 during 2012-13 to USD\/Kg 5.09 during 2013-14 and recorded growth of 34.55%. The increased production of L. Vannamei shrimp has helped to achieve higher exports,\u201d the spokesman said.<\/p>\n

\u2018Frozen shrimp continues to be major attraction\u2019<\/h2>\n

He said\u00a0 Frozen shrimp continued to be the major export value item accounting for a share of 64.12% of the total US$ earnings. \u201cShrimp exports during the period increased by 31.85%, 99.54% and 78.06% in quantity, rupee value and US$ value respectively.\u00a0 There was all time high growth in unit value realization of frozen shrimp at 35.05%\u201d.<\/p>\n

The overall export of shrimp during 2013-14 was to the tune of 3,01,435 MT worth US$ 3210.94 million. USA is the largest market (95,927MT) for frozen shrimps exports in quantity terms followed by European Union (73,487 MT), South East Asia (52,533MT) and Japan (28,719 MT).<\/p>\n

The spokesman said fish has retained its position as the principal export item in quantity terms and the second largest export item in value terms, accounting for a share of about 32.97% in quantity and 14.15% in US$ earnings. \u201cUnit value realization of fish also increased by 21.65%.\u201d<\/p>\n

\u201cExport of Fr. Squid has shown growth of 15.98% and 10.78% in terms of Quantity in and US$ terms value. However it has shown decrease in unit value realization by 4.48%. Fr. Cuttlefish recorded a growth of 8.34% in quantity.\u00a0 Dried items have shown a positive growth in terms of rupee value by 21.72% and in dollar terms by 9.86%. Live items exports shown a growth by 16.17%, \u00a0and 26.81% in quantity US $ realization value respectively compared to the previous year,\u201d he said.<\/p>\n

South East Asia largest buyer of Indian sea food products<\/h3>\n

The spokesman said South East Asia continued to be the largest buyer of Indian marine products with a share of 26.38% in terms of US $ value realization.<\/p>\n

US is the second largest market with a share of 25.68% followed by European Union (EU) (20.24%), Japan (8.21%), other countries (8.20%), China (5.85%) and Middle East (5.45%).<\/p>\n

Indian marine products were exported through 26 sea\/air\/land ports.<\/p>\n

Write your comments and thoughts below<\/em><\/p>\n

Asia News<\/b>\/ NationalTurk India News<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The exports of marine products by India have reached an all-time high of US$ 5 billion.<\/p>\n","protected":false},"author":732,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30,80,68,63,51,1,118,14],"tags":[60423,2381,2861,62832,69962,43569,69961,2546,18139,69957,2069,69960,77159,69959,69958,69963,41392,2057],"class_list":["post-51162","post","type-post","status-publish","format-standard","hentry","category-asia","category-breaking-news","category-business","category-daily","category-economy","category-general","category-hot","category-world","tag-all-time-high","tag-china","tag-european-union","tag-exports","tag-frozen-shrimp","tag-growth","tag-higher-exports","tag-india","tag-indian-economy","tag-indian-marine-products","tag-japan","tag-l-vannamei-shrimp","tag-middle-east","tag-seafood-exports","tag-seafood-products","tag-south-east-asia","tag-us-dollar","tag-usa"],"_links":{"self":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts\/51162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/users\/732"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/comments?post=51162"}],"version-history":[{"count":0,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts\/51162\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/media?parent=51162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/categories?post=51162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/tags?post=51162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}