In 2020, the total fish exports value of India was totaled $611 million and by the end of the year 2021, from Jan to Oct it was $485 million. The fish exports of the country went down as the supply chain got affected by the Covid-19 restriction in 2020. With a share of 39% of the market (2020) and 22% (2021), China remains one of the top importer countries of Indian fish in the world. The largest exported species in India is Ribbonfish.
India is among one of the largest fish-producing countries across the globe with a 7% share of global fish production. In recent times this sector has shown immense growth. During 2018 and 2019 these marine products stood at 13.93 lakh metric tons and were worth $6.73 billion.
Getting To Know India’s Fish Exports Market
As per the HS Code, the fish is categorized into four different sections.
● Live Fish: 0301
● Fresh or Chilled Fish: 0302
● Frozen Fish: 0303
● Fish Fillets & Other Fish Meat: 0304
Market analysis reports of Indian exports suggest that frozen fish are the most exported fish among other fisheries.
What are the top 10 Species of Fish Exported During 2020?
India is home to a variety of unique and diverse species of fish including brackish water fishes, marine fishes, and freshwater fishes in areas of the Arabian Sea, Bengal Sea, and the Indian Ocean. About 940 species of fish consist of freshwater fishes constituting about 38% of the total Indian fish fauna.
Sole, Jack, Croaker, Pomfret, and Ribbon Fish are some of the most popular species of fish in India where one of the largest exported fish by this country is Ribbonfish covering 27.39% of the total fish export during 2020.
What are the largest importing countries of India’s Fishmarket?
China (39.2%), Thailand (12.2%), Japan (9.3%), Taiwan (3.9%), Tunisia (3.5%), United States (3.1%), Hong Kong (2.5%), Kuwait (2.4%), Bangladesh (1.7%), and Russia (1.7%) were the largest importing countries of India’s fishmarket during 2020 as per India export data.
India exports fisheries to more than 50 countries in the world including Russia, Bangladesh, the United States, Japan, China, Tunisia, Hong Kong, Kuwait, Taiwan, and Thailand.
Top Market Share Holder of Indian Exports Fish Markets
➢ Sun Exports: 3.2%
➢ Gadre Marine Export Private Limited: 6.2%
➢ Amar Sagar Seafoods Private Limited: 2%
➢ Ulka Sea Foods Private Limited: 2.8%
➢ Salet Seafoods Private Limited: 1.7%
➢ Goan Fresh Marine Exports Private Limited: 2.4%
➢ Nishindo Foods Private Limited: 1.5%
➢ SS international: 1.6%
➢ Silver Sea Food: 1.7%
➢ Silver Star Exports: 1.6%
Given Below Are Some of The Largest Ports of India For Loading Fish Shipments
❖ Mangalore Sea: 3.1%
❖ Mundra Sea: 12.1%
❖ Pipavav-Victor Port Gujarat Sea: 26.2%
❖ Cochin Sea:18%
❖ Nhava Sheva Sea: 19.6%
These major ports of India accounted for 90% of total shipments during 2021 ( Jan to Oct).
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