India’s seafood sales facing slowdown in key markets

Published on
September 14, 2022
A WestCoast Group shrimp-procesing facility in India.
India’s seafood sector is a slowdown in exports due to cooling demand in its major markets. The Indian government previously set a goal of reaching USD 8.6 billion (EUR 8.6 billion) in seafood exports in the 2022-2023 fiscal year, which began 1 April – up 10.8 percent from the USD 7.76 billion (EUR 7.76 billion) it recorded in the previous year. However, India’s seafood sales to many of its major markets began to slow down in August 2022, and that trend is likely to continue in the months…
Contributing Editor reporting from Hanoi, Vietnam

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