![India ships record amount of seafood in FY24](https://cdn.magzter.com/1651053503/1718833229/articles/4SnJtK2IZ1718836384043/INDIA-SHIPS-RECORD-AMOUNT-OF-SEAFOOD-IN-FY24.jpg)
Despite facing significant challenges in major export markets, the country saw a 2.67% increase in export volume compared to the previous year.
Frozen shrimp led the charge in both quantity and value, solidifying its position as the major export item. During 2023-24, India exported 716,004 MT of frozen shrimp, earning Rs 40,013.54 crore (USD 4,881.27 million). This represented 40.19% of the total export quantity and 66.12% of the total earnings from seafood exports. The USA emerged as the largest importer of Indian seafood, followed by China, the European Union, Southeast Asia, Japan, and the Middle East.
This story is from the June 20, 2024 edition of The Business Guardian.
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This story is from the June 20, 2024 edition of The Business Guardian.
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