Export performance in FY2024-25
India’s Seafood Exports in FY2024-25: India’s seafood exports in FY2024-25 stood at $7.45 billion, showing resilience despite a decline in total volume. The export quantity dropped to 16,98,170 metric tonnes compared to 17,81,602 metric tonnes in the previous fiscal year. This shows that higher value-driven products compensated for reduced overall shipment.
Dominance of frozen shrimp
Frozen shrimp continued to be the star performer, contributing nearly 70% of total seafood earnings. Shrimp exports touched $5.17 billion, a significant share of overall revenue. Export volume also increased slightly to 7,41,529 metric tonnes, up from 7,16,004 metric tonnes in FY2023-24.
Static GK fact: India is the world’s largest exporter of frozen shrimp, catering to major global markets.
Key export destinations
The United States emerged as the largest buyer, importing seafood worth $2.71 billion. China followed with imports of $1.28 billion, reflecting strong Asian demand. Together, these two markets account for a substantial share of India’s seafood trade.
Static GK fact: The Marine Products Export Development Authority (MPEDA) under the Ministry of Commerce oversees seafood exports in India.
Other major seafood products
Apart from shrimp, frozen fish earned $622.60 million, while squid exports brought in $367.68 million. These products secured the second and third positions in India’s seafood export basket. India’s seafood portfolio remains diverse, catering to different consumer preferences across more than 130 countries.
Expanding value-added markets
India is focusing on value-added seafood products to strengthen its position in premium markets. Ready-to-cook and ready-to-eat seafood items are expected to play a bigger role in the coming years. The government and industry players are targeting new regions beyond traditional buyers, boosting competitiveness in global trade.
Static GK Tip: The Food Safety and Standards Authority of India (FSSAI) regulates quality standards for exported seafood.
Future outlook
Despite the fall in export volume, India’s seafood industry has shown strong value growth. With rising global demand for sustainable and processed seafood, India’s focus on diversification and quality enhancement will be critical. Strengthening cold-chain infrastructure and market access will further drive the sector’s expansion.
Static Usthadian Current Affairs Table
India’s Seafood Exports in FY2024-25:
| Topic | Detail |
| Total seafood exports in FY2024-25 | $7.45 billion |
| Export volume FY2024-25 | 16,98,170 metric tonnes |
| Export volume FY2023-24 | 17,81,602 metric tonnes |
| Top export product | Frozen shrimp ($5.17 billion) |
| Shrimp export volume FY2024-25 | 7,41,529 metric tonnes |
| Largest importer | United States ($2.71 billion) |
| Second largest importer | China ($1.28 billion) |
| Frozen fish exports | $622.60 million |
| Squid exports | $367.68 million |
| Export destinations | Over 130 countries |
