Key Highlights:
Do you know? India has the globe's fourth-biggest fish export market. India, with a long coastline and abundant aquatic resources, is a prominent player in the worldwide fish market. As per statistics on fish exports from India, marine product exports reached $6.34 billion between April 2023 and January 2024, This is 7.5 percent lower than shipments during the same period last year.
As we approach 2024, let's explore the world of Indian fish exports, covering the most recent advances, crucial Indian market insights, and valuable resources for aspiring exporters in this blog. Our primary objective is to help you set sail on a successful fish export endeavour. So let us have a look at our fishing lines and explore the oceans of export potential.
Over 50 million people globally rely on fishing for a living, with another 150 million employed in fishing-related industries. According to India Trade Data, India is a major fish exporter, with the business estimated to produce more than 476 billion INR by 2020.
According to fish export data from India, the fish export industry in India generated more than 579 billion Indian rupees in 2022. This places India as one of the five largest fish exporters globally.
India, with its large coasts and flourishing aquaculture industry, is a significant player in the world seafood market. Now, let's get into the specifics of fish exports from India.
Do you know? Fish exports from India are estimated to reach $14 billion by 2025. The Marine Products Export Development Authority (MPEDA) has already proposed a path to meet this goal, which includes initiatives to increase production and promote seafood.
Also read: Philippines Top 10 Imports: A Closer look at the major Products
Frozen shrimp continued to be the most important export item in terms of both number and value, while the United States and China emerged as the primary buyers of Indian seafood.
Frozen prawns, which earned Rs 43,135.58 crore (US$ 5481.63 million), remained the most important item in the basket of fish exports from India, accounting for 40.98% in quantity and 67.72% in total US dollar revenues. During this time, prawn exports climbed by 1.01% in rupee value.
As per fish exporters data, the total amount of frozen prawns exported in 2022-23 was estimated to be 7,11,099 metric tonnes. The United States was the largest importer of frozen prawns (2,75,662 MT), followed by
Let’s explore the table for importers of Indian seafoods:
| S.No | Top Importers of Indian Sea Foods | Fish Export Data from India: Export Values |
| 1 | United States of America | 32.52% |
| 2 | China | 23.37% |
| 3 | European Union | 5.12% |
| 4 | South East Asia | 15.16% |
| 5 | Japan | 6.29% |
Source: PIB.gov.in
In terms of outside markets, the United States remained the largest importer of Indian seafood in value terms, with an import of $2,632.08 million, accounting for 32.52% of the total.
Seair’s data-driven dashboard displays global fish exports, fish importers data, fish exporters data, and fish export by country. Over 100 countries rely on us for accurate, up-to-date information on global trade. We also provide a database of over 100 global countries, including Vietnam, the United States, Turkey, and Bangladesh.
Furthermore, our data professional team is highly skilled and authentic, with substantial fish exporters data processing experience. We specialize in providing the most accurate and methodical trade statistics for maritime commodities.
In conclusion, fish exports from India have significant development potential. Accepting innovation, value addition, and sustainable fishing practices is crucial to long-term profitability. However, starting a fish export business is a potential business opportunity in India. You may need export documentation, an export license, fish export data, a certificate of origin, an FSSAI Food license, a CRES certificate, etc.
Also, the government intends to boost India's market share in the global seafood market from 4.1% to 6.7% by 2030. Fish exports from India to the global market have lucrative potential for businesses in the expanding seafood industry.
If you're seeking reliable fish exporters data or fish export by country, Seair Exim Solutions is a great solution. Contact us to obtain structured, approved, and well-organized data. Book your free live demo today!
Q1. What fish are shipped from India?
As per fish exporters data, the largest fish exports from India are frozen fish, cuttlefish, and squid, which account for 6.08%, 3.61%, and 4.94% of total marine product export value, respectively.
Q2. What country buys fish from India?
India's major export destinations for fish and seafood goods are the United States, China, the European Union, Southeast Asia, Japan, and the Middle East.
Q3. Which is the largest fish company in India?
The following are the top fish exporting companies in India:
To know the list of top 10 fish exporting countries, connect with Seair Exim Solutions.
Q4. How to start fish export from India to USA?
To start a fish export from India to USA, you need to obtain a trade license, mandatory documents, market insights such as fish export data, a list of fish exports from India, and much more.
We have successfully served many reputable clients for Import-Export Data Information Services. Here are some of our clients:
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