India's Seafood export to China has reached USE 800 billion

Last modified:2019-12-12


India's Seafood export to China has reached USE 800 billion

India's exports of marine products to China have tripled from January to September 2019. It has reached $800 million. It will reach $1 billion by the end of 2019.

China's customs authority, India's exports of marine products to China have tripled from January to September 2019. It has reached $800 million. The export rate is expected to cross the $1 billion mark by the end of 2019. The move by India to boost the marine exports to China was part of India's efforts to widen its export base to bridge a huge trade deficit with China.



Promotion of exports:

Indian marine products in China are promoted by the Embassy of India, consulates in Shanghai and Guangzhou, under the guidance of the Ministry of Commerce and Marine Products Export Development Authority (MPEDA). The Embassy of India is also engaged with various stakeholders. 

China Fisheries and Seafood expo:

The Indian embassy in Shanghai and Guangzhou organized a promotional event, and the buyer-seller meet on marine products in collaboration with MPEDA in order to deepen India's strength in this sector. The meet was held on the sidelines of China Fisheries and Seafood Expo in the coastal city of Qingdao. The Indian delegations of more than 40 Indian exporters and exporters associations for the expo were led by the Chairman of MPEDA, K.S. Srinivas. The expo witnessed more than 50 participants from 25 major importing companies that participated in the event. 

India's seafood exports:

India is emerging as the 4th largest exporters of seafood and marine products in the world. India is the second-largest aquaculture producer, 3rd largest fish producer in the world, with exports of marine products worth $7 billion. China is a major importer of marine products with imports of around $12 billion.  India has ensured the quality of the products by earning a great reputation in the international market.

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