August 13, 2007

India's June seafood exports falls 13 percent

India's seafood exports fell 13.47 percent in quantity terms to touch 69,456 tonnes during the April to May period.

Value fell 9.85 percent fall to Rs 945.08 crore or US$222.69 million during the April to May period of the current fiscal. This represents a 5.06 percent fall as compared to the same period of the previous fiscal.

Export of frozen shrimp registered a 13.4 percent fall in quantity terms and 8.23 percent fall in value terms. In dollar terms the fall stood at 3.12 percent. Frozen shrimp account for 23.15 percent of the total quantity of exports and 51 percent of the total value of exports.

Export of frozen fish fell by 2.28 percentin quantity terms during the period. In value terms the export of frozen fish registered a 4.34 percent decline. The product accounts for 33.71 percent of the total quantity of exports and 14.05 percent of the total value of exports.