India's Seafood Export Growth Stalls Amid Shrinking Volumes

In a recent disclosure by the commerce ministry, India's seafood exports plateaued at USD 7.45 billion for the fiscal year 2024-25, showing no monetary growth despite a noticeable decrease in shipment volumes.

The ministry reports indicate that frozen shrimp remained India's primary seafood export, contributing a significant proportion to both quantity and value. The United States and China were highlighted as the largest importers, reinforcing their positions in previous years.

With major seafood cargoes being processed through the Vizag and JNPT ports, the export ledger showed notable financial engagements with regions like the European Union, Southeast Asia, Japan, and the Middle East.

(With inputs from agencies.)