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Seafood exports fall more than 13 per cent

INDIA - Seafood exports have registered a 13.47 per cent fall in quantity terms to touch 69,456 tonnes during the April to May period of the current fiscal. The value of exports registered a 9.85 per cent fall to touch Rs 945.08 crore during the same period.

In dollar terms the exports stood at $222.69 million during the April to May period of the current fiscal. This represents a 5.06 per cent fall as compared to the same period of the previous fiscal.

Export of frozen shrimp registered a 13.4 per cent fall in quantity terms and 8.23 per cent fall in value terms. In dollar terms the fall stood at 3.12 per cent . Frozen shrimp account for 23.15 per cent  of the total quantity of exports and 51% of the total value of exports.

Export of frozen fish fell by 2.28 per cent in quantity terms during the period. In value terms the export of frozen fish registered a 4.34 per cent  decline. The product accounts for 33.71 per cent of the total quantity of exports and 14.05 per cent  of the total value of exports.

Source: The Economic Times

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