Frozen shrimp trade underpins India’s record seafood export value
June 13, 2017
Thanks to high demand for its frozen seafood in overseas markets, particularly shrimp, India exported more than 1.1 million metric tons (MT) of fisheries and aquaculture products worth a record USD 5.8 billion (EUR 5.2 billion) in the fiscal year 2016-2017, up from 945,892 MT worth USD 4.7 billion (EUR 4.2 billion) recorded for the previous 12 months.
The Marine Products Export Development Authority (MPEDA) confirmed that frozen shrimp maintained its position as India’s No. 1 sea…