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Export of marine products touched an all-time high of $5,007.7 million during 2013-14.
Seafood exports aggregated 9,83,756 million tonnes valued at Rs 30,213.26 crore and $5,007.70 million, registering a growth of 5.98 per cent in quantity, 60.23 per cent in rupee and 42.6 per cent in dollar earnings, respectively, according to the Ministry of Commerce and Industry.
Among regions, South East Asia continued to be the largest buyer of Indian marine products with a share of 26.38 per cent, followed by the US with a share of 25.68 per cent.
The European Union is the third largest buyer with 20.24 per cent share, followed by Japan at 8.21 per cent, other countries 8.2 per cent, China 5.85 per cent and West Asia 5.45 per cent.
One reason for the higher exports is increased production of L. Vannamei shrimp, the release said, adding that increase of these shrimps in the US market jumped to 59.63 per cent.
Export of frozen shrimp rose 7.38 per cent in quantity terms and 28.23 per cent in dollar terms.
Port-wise, marine product exports improved from Visakhapatnam, Chennai, Krishnapatnam, Tuticorin and Mangalore compared to the corresponding period during the last year.
Pipavav was the major port in terms of export quantity (25.27 per ccent) and Visakhapatnam was the major port in terms of dollar value (22.59 per cent).
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