India Achieves Record High Seafood Exports in FY 2025-26
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Why in News
- India registered its highest-ever marine product exports during FY 2025-26, overcoming difficult conditions in global markets.
- The country shipped 19.72 lakh metric tonnes of seafood with a total value of ₹73,890 crore or USD 8.46 billion.
Export Performance and Key Findings
- Seafood exports reached 19,72,018 MT in volume and ₹73,890.46 crore in value, setting an all-time record.
- Frozen Shrimp continued as the most successful export item, bringing in ₹49,037.93 crore from 7,92,647 MT.
- Shrimp shipments alone made up 40.19% of the total volume and 66.52% of total earnings.
- Shrimp exports grew by 13.16% in rupee terms and 8.64% in dollar terms compared to previous periods.
- Major ports like Visakhapatnam (Vizag), Jawaharlal Nehru Port (JNPT), and Kochi Port handled the majority of these shipments.
- Both vannamei and Black Tiger Shrimp grew strongly in quantity and value, cementing India's global leadership.
Significance of the Achievement
- High export earnings boost the Blue Economy by creating jobs and strengthening coastal growth.
- The sector supports millions of workers involved in fishing, aquaculture, processing, and logistics across coastal states.
- Earning USD 8.46 billion in foreign exchange improves India's trade balance and broadens export goods.