19 % Increase In Seafood Exports

KOCHI: Seafood exports from the country during the year 2006-07 reached an all-time high of $1.85 billion.

Compared with the figures the previous year, there was an increase of 19.62 per cent in the quantity exported, 15.43 per cent in rupee realisation and 12.69 per cent in foreign currency realisation.

For the first time, the country''s marine exports crossed Rs.8,000 crore.Like in 2005-06, European Union continued to be the major market for the marine products with an intake of 33 per cent in value followed by Japan with 16.18 per cent, the U.S. with 16.12 per cent. Another significant development was the emergence of China as a leading buyer for Indian marine products. China''s value-wise intake share went up to 13.83 per cent. Frozen shrimp continued to be the major item in India''s export basket.

Source : www.indian-commodity.com