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2011-06-07

Seafood exports low by 3.6 pc

Of the country's total marine exports, Europe accounts for 26%, followed by Japan (20%) and the US (17%).

Seafood exports low by 3.6 pc

Marine exports went down by 3.6% year-on-year in April to USD 170 million due to downfall of demand in European and Japanese market. It was  USD 177 million in April last fiscal, according to the figures released by the Marine Products Export Development Authority (MPEDA).

 

"There is a slowdown in demand from the Japanese market due to the recent earthquake and tsunami," an MPEDA official said.

Of the country's total marine exports, Europe accounts for 26%, followed by Japan (20%) and the US (17%).

India's marine exports include black tiger shrimp, fresh water prawn shrimp, frozen versatile fish, frozen skip jack and frozen squid and the consignments are mostly from Maharashtra, Kerala, Tamil Nadu and West Bengal.

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