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India's seafood exports surge despite global uncertainties
The Northlines
|May 19, 2025
India’s seafood exports have recorded a robust growth of 17.81 per cent in April this year to $0.58 billion as the country continues to play a key role of the fourth largest producer of marine products in the international market, according to figures compiled by the Commerce and Industry Ministry.
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The country exported 16.85 lakh metric tonnes of marine products in the financial year ended March 31, 2025, which represents an over 60 per cent jump. In value terms, the exports grew to $7.2 billion from $5.4 billion in FY15. The momentum is continuing into 2025-26, despite fears over tariff hikes announced by the US, which is the largest market for Indian exports. Meanwhile, India and the US are close to concluding a bilateral trade aimed at increasing the flow of exports and imports between the two countries.
Dit verhaal komt uit de May 19, 2025-editie van The Northlines.
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