Vizag Port continues to lead in seafood exports; Kochi follows

V Sajeev Kumar Kochi | Updated on January 24, 2018

Exports through Vizag Port fetched a revenue of ₹7,578.27 crore in rupee terms with a 22 per cent share of the total ₹33,441.61 crore

Riding on the comfort of high value aquaculture shrimp production, Vizag Port continues to emerge as the leading port in seafood exports by value terms during FY15.

Pipavav Port also maintained its lead in quantity wise garnering a share of 25.27 per cent out of the total 10.51 lakh tonnes of seafood exports from the country during the period.

The figures released by the Marine Products Export Development Authority (Mpeda) revealed that exports through Vizag Port fetched a revenue of ₹7,578.27 crore in rupee terms with a 22 per cent share of the total ₹33,441.61 crore, while the dollar earnings was to the tune of $1,251.83 holding a share of 10.66 per cent out of the $5.5-billion exports.

However, Kochi Port came to the second position both in quantity and value terms with over 15 per cent share quantity. The export in value terms through the port also registered a jump at ₹4,989 crore in rupee-wise and in dollar terms.

The export of high value species through the port is a major money spinner for Kochi to emerge next to Vizag in value wise.

Better infra helps

According to port officials, better infrastructure facilities extended to seafood exporters from the region by providing additional 60 reefer plug points at the port’s own container freight station at concessional rates had helped Kochi to perform well in marine exports.

This is expected to continue in the current fiscal also, the officials added.

In quantity wise, Pipavav port handled 2.43 lakh tonnes, while the figure in Kochi was 1.62 lakh tonnes.

Officials in the Seafood Exporters Association attributed handling of low value processed fish in large quantities as well as raw materials in bulk meant for fish processing as the reasons for Pipavav to emerge as a leading port destination in quantity terms.

Export destinations

The US is the largest market for seafood products this year followed by South East Asia, EU, Japan, West Asia and China.

At present marine products were exported through 30 different sea/air/land ports.

According to Mpeda, exports also improved in JNPT, Kolkata, Tuticorin, Krishnapatnam and Mangaluru vis-à-vis last fiscal.

Published on July 05, 2015

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor