Quick Overview Of India’s Fish Market And Data Analysis Reports

 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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Vietnam Import-Export Trade Data 2021 And Custom Reports

 Compared to the global trade of the Covid-19 period, Vietnam trade values are improving. The exports and imports of Vietnam during 2020 accounted for billion $ 11,971 billion and $11,971  billion. Post Covid-19, the total import of Vietnam was $303 billion and the total export value of Vietnam was $329.2 billion during 2021 according to the available data of October 2021.

Vietnam is one of the ASEAN countries that are struggling to improve their economical state through enhanced import and export trade business. The Vietnam historical data that Exim Trade Data provides offer intelligence insights into the global trade data and by accessing our trade intelligence you can get in-depth custom reports on Vietnam import-export trade data that will help you boost your foreign trade business.

Vietnam Imports and Exports Report of 2021

Major Imports Commodities

● Electronics & Parts: $113.20 billion

● Plastics & Articles: $22.58 billion

● Industrial Machinery: $20.82 billion

● Steel & Iron: $12.84 billion

● Knitted or Crocheted Fabrics: $10.19 billion

Electronics and Parts were among the highest imported commodities during 2021 followed by Plastics & Articles of Plastics, Industrial machinery, Iron & Steel, and Knitted or Crocheted Fabrics. For more understanding of Vietnam import-export trade data, get instant access to trade intelligence through Exim Trade Data.

What are the Import Value of Vietnam 2021?

The total import value of Vietnam throughout the year 2021 are as follows: January $30.57 billion, February $24.14, March $32.69 billion, April $30.89 billion, May $30.73 billion, June 33.45 billion, July $31.41 billion, August $29.50 billion, September $29.99 billion, October $29.66 billion according to Vietnam Import Data.

In the month of June Vietnam recorded the highest import value worth $33.45 billion followed by the month of March $32.69 billion during 2021.

Major Export Commodities of Vietnam 2021

● Electronics & Parts: $125.78 billion

● Industrial Machinery: $22.97 billion

● Steel & Iron: $18.51 billion

● Gaiters, Footwear, etc: $16.57

● Plastics & Articles: $13.87

Electronics and Parts were among the highest imported commodities worth 125.78 billion during 2021 followed by Industrial Machinery worth $22.97, Steel & Iron, Gaiters, Footwear, etc, Plastics & articles, and so on.

What are the Export Value of Vietnam 2021?

The total import value of Vietnam throughout the year 2021 are as follows: January $36.79 billion, February $24.32, March $37.20 billion, April $39.43 billion, May $30.43 billion, June 32.51 billion, July $32.03 billion, August $31.64 billion, September $31.19 billion, October $33.71 billion.

In the month of April Vietnam recorded the highest import value worth $39.43 billion followed by the month of March $37.20 billion during 2021 according to Vietnam Export Data.

The data we offer to our clients is based on factual information including HSN Code, Product Description, Date, Mode of Transportation, Port Name & Details, Importer & Exporter Names, Address of Importer & Exporter, Shipment & Consignment Details, Rates, Unit, Value, Quantity, Weight, etc.

For more info on any global country, you can visit our official website and ask for free sample data or even book a free demo to get the overall overview of your trade business.

South Korea Exports Rises As The Omicron Emerge

 Driven by volumes and rising prices, South Korea recorded the largest monthly figure in November. Thanks to the post-pandemic recoveries, in November, South Korean exports grew at the fastest pace in the past three months.

It was big trading partners of South Korea that drove the demand for petrochemicals and chips to post Covid-19 and help boost the economy.

But after the breakout of Omicron, a variant of Covid-19, the export-reliant economy of South Korea might be at risk.

The data showed by the Trade Ministry disclose that the total exports of this country in November stood at $60.44 billion.

The damage caused by the post-Covid-19 restriction is estimated that the new festive season is expected to meet overseas demand.

For now, the most important variable to exports is the supply chain issues and the development of the Omicron variant. As of now, the recovery of economic loss will continue with the same momentum in December throughout 2022.

Total Import And Export Value Of South Korea

➔ South Korea imported goods worth $587.64 billion in 2017

➔ South Korea imported goods worth $642.95 billion in 2018

➔ South Korea imported goods worth $610.10 billion in 2019

➔ South Korea imported goods worth $541.02 billion in 2020

Exports

➔ South Korea exported goods worth $664.73 billion in 2017

➔ South Korea exported goods worth $719.49 billion in 2018

➔ South Korea exported goods worth $657.83 billion  in 2019

➔ South Korea exported goods worth $601.62 billion in 2020

Current Trade Statistics of South Korea

➢ Trade Balance: $3090 million in Nov 2021

➢ Total Imports: $57357 million Nov 2021

➢ Total Exports: $60444 million Nov 2021

➢ Current Account: $6950 million

What are the products South Korea exports the most?

Electrical Machinery & Equipment $159.7 billion (31.1%), Plastics & Articles of Plastics $31.6 billion (6.2%), Machinery & Computers $67.9 billion (13.2%), Vehicles $54.2 billion (10.6%), Mineral Oils & Fuels $25.4 billion (5%), Articles of Steel & Iron $7.9 billion (1.5%), Organic Chemicals $15.4 billion (3%), Steel & Iron $19.7 billion (3.9%), Boats & Ships $18.7 billion (3.7%), Technical, Optical & Medical Apparatus were the top exported products of South Korea during 2020 according to South Korea import-export data.

What are the major trading partners of South Korea?

Based on South Korea’s import-export trade data and trade statistics, China $132.6 billion (25.8%), United States $74.4 billion (14.5%), Japan $ 25.1 billion (4.9%), Vietnam $48.5 billion (9.5%), Taiwan $16.5 billion (3.2%), Hong Kong $30.7 billion (6%), India $12 billion (2.3%), Indonesia $6.32 billion (1.2%), Thailand $6.85 billion (1.3%), Singapore $9.8 billion (1.9%), Mexico $8.2 billion (1.6%), Malaysia $9.1 billion (1.8%), Philippines $7.1 billion (1.4%), Malaysia $9.1 billion (1.8%) were the top trading partners of this country during 2020.

The data we offer to our clients is based on factual information including HSN Code, Product Description, Date, Mode of Transportation, Port Name & Details, Importer & Exporter Names, Address of Importer & Exporter, Shipment & Consignment Details, Rates, Unit, Value, Quantity, Weight, etc.

For more info on any global country, you can visit our official website and ask for free sample data or even book a free demo to get the overall overview of your trade business.

For more  info visit site:https://www.eximtradedata.com