January 20, 2015

 

India was top shrimp exporter to the US in 2014

 

 

From January to November 2014, India emerged as the world's number one  shrimp exporter to the US with 99,566 tonnes in shipments, according to the National Oceanic and Atmospheric Administration (NOAA).

 

The figure represents US$1.269 million worth of deliveries and a rise of 13,767 tonnes over 2013's record.

 

Tailing India is second-placed Indonesia at 94,524 tonnes, followed by Ecuador at 85,184 tonnes. Vietnam and Thailand record 68,420 tonnes and 56,143 tonnes, respectively.

 

From April 2013 to March 2014, India's shrimp exports comprised 47% of farmed shrimp and 27% of wild shrimp, according to a New Indian Express report.

 

A.J Tharakan, president of the Seafood Exporters Association of India, said India's vannamei shrimp exports last year rose to 175,071 tonnes as compared to 91,171 tonnes in the previous year, an increase of 92% in quantity and 173% rise in dollar terms.

 

During the same period, the country's export of farmed black tiger shrimp, however, plunged to 34,133 tonnes from 61,177 tonnes.

 

The association is optimistic about this year's shrimp production, expected to reach 375,000 tonnes. India forecasts processed shrimp export this year to hit 250,000 tonnes.