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Marine Products Exports from India Fetches a Foreign Exchange of USD 5.5 Billion in 2014-15

Dated:- 3-7-2015 - During the financial year 2014-15, exports of marine products reached an all-time high of USD 5511.12 million. Marine product exports crossed all previous records in quantity, rupee value and USD terms. Exports aggregated to 10,51,243 MT valued at ₹ 33441.61 crores and USD 5511.12 million. Compared to the previous year, seafood exports recorded a growth of 6.86 % in quantity, 10.69% in rupee and 10.05 % growth in USD earnings. Export Performance During 2014-15 compared t .....

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, rupee value and USD value respectively. However unit value realization decreased to 10.38 USD/Kg from 10.65 in 2013-14, a negative growth of 2.59%. The overall export of shrimp during 2014-15 was to the tune of 3,57,505 MT worth USD 3,709.76 million. USA is the largest market (1, 12,702 MT) for frozen shrimp exports in quantity terms followed by European Union (81,952 MT), South East Asia (69,068MT) and Japan (30,434 MT). The contribution of cultured shrimp to the total shrimp export is 76.45% .....

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l Nadu 32,785 MT (+20%), Gujarat 30156 MT (+182%), Maharashtra 4426 MT (+113%), Orissa 22539 MT (+56.13%). The export of Vannamei has shown positive growth of 2,22,176 MT from 1,75,071 MT and USD 2372.80 Million from 1,994.27 million, compared to 2013-14. The export of Vannamei recorded a growth of 26.90% in quantity and 18.98% in USD terms. About 42.77 % of total Vannamei shrimp was exported to USA followed by 20.46% to South East Asian countries, 17.45% to EU, 4.55% to Middle East and 4.18 % t .....

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rt of total shrimp increased by 18.61% in quantity, USD realization value has recorded only 15.55% increase. Fish, is the second largest export item, accounting for a share of about 29.44% in quantity and 11.24% in USD earnings. Fr. Fish shown negative growth of 4.60%, 12.02% and 12.55% in terms of quantity, rupee value and USD terms. Unit value realization of Fr., fish also decreased by 8.34%. Fr. Cuttlefish recorded a growth of 20.09% in quantity, 32.17% in rupee value, and 31.81% in USD terms .....

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espectively compared to the previous year. Chilled items have shown 59% increase in quantity. Unit value realization reduced by more than 25%. Other items like Surimi & Analogue products have shown a growth of 14.41%, 31.75%, 29% in quantity, Rupees and USD terms respectively. Export of Value added products during 2014-15 has been increased to 95,436 MT from 84,549 MT with a growth of 12.88% and to 746.59 Million USD from 634.67 Million USD with a growth of 17.63 %. The major contributor to .....

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items of exports are given in the following table: Item wise Exports- 2014-15 Q: Quantity in Tons, V: Value in Rs. Crores, $: US Dollar in Millions ITEM Share % 2014-15 2013-14 Growth(%) FROZEN SHRIMP Q: 34.01 357505 301435 18.60 V: 67.19 22468.12 19368.30 16.00 $: 67.31 3709.76 3210.94 15.54 UV$: 10.38 10.65 -2.59 FROZEN FISH Q: 29.44 309434 324359 -4.60 V: 11.30 3778.50 4294.81 -12.02 $: 11.24 619.66 708.63 -12.55 UV$: 2.00 2.18 -8.34 FR CUTTLE FISH Q: 7.83 82353 68577 20.09 V: 5.48 1833.21 1 .....

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33 4.48 -25.55 OTHERS Q: 11.89 124947 109212 14.41 V: 6.40 2138.94 1623.50 31.75 $: 6.38 351.31 272.34 29.00 UV$: 2.81 2.49 12.75 TOTAL Q: 100.00 1051243 983756 6.86 V: 100.00 33441.61 30213.26 10.69 $: 100.00 5511.12 5007.70 10.05 UV$: 5.24 5.09 2.99 Major export markets USA is the largest market for Indian seafood products with a share of 26.46% in terms of USD followed by South East Asia (25.71%), European Union (20.08%), Japan (9.11%), other countries (8.58%), Middle East (6.04%) and China ( .....

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European Union have shown growth of 7.64%, 9.56%& 9.22% in terms of Quantity, Rupee, & USD respectively. Export to Japan registered increase in terms of USD by 22.23%. Export of Frozen Shrimp increased by 5.97% in quantity terms and 11.32 % in USD terms. Export to Middle East countries has shown good growth of 11.32%, 26.35% and 22.17% in terms of Quantity, Value and USD terms respectively. Export to China has decreased drastically. The export has registered negative growth of 21.46%, 23 .....

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