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<p>According to exporters, demand slowdown, high inflation in developed economies and increasing exports of frozen shrimp from Ecuador to America are some of the reasons for dip in India's exports last fiscal.&nbsp;</p>


Exports of marine products drop 9% to $7.37 billion in 2023-24

<p>The US and South East Asia are the major importers of Indian seafood and frozen shrimp continued to be the major export item last year, followed by frozen fish.</p>


Export of marine products projected to increase by 20% to $5.6 billion in FY17

marine-exports

According to exporters, demand slowdown, high inflation in developed economies and increasing exports of frozen shrimp from Ecuador to America are some of the reasons for dip in India's exports last fiscal. 

The US and South East Asia are the major importers of Indian seafood and frozen shrimp continued to be the major export item last year, followed by frozen fish.

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Marine Exports

Exports of marine products drop 9% to $7.37 billion in 2023-24

Export of marine products projected to increase by 20% to $5.6 billion in FY17

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