Indian Seafood Trade: Implications, issues and policy imperatives

Abstract

The exports of marine products duringApril- March 2011 - 12 have achieved the US 3.5$ billion mark by registering a growth of 6.2 per cent in quantity ,26.85 per cent in rupee value and 22.8 1 per cent in US $ realisation compared to the same period last year.This is the first time in the history of marine products that we are achieving the 3.5 billion mark. The average unit value realisation has also gone up by 15.87 per cent. lndian seafood exports are less than the global average, with about 12 per cent of its total fish production (wet weight equivalent) entering world trade.