The UAE has become the ninth largest seafood export destination for India, according to D V Swamy, Chairman of India’s Marine Products Export Development Authority (MPEDA).
He said India’s worldwide seafood exports touched an all-time high in volume during the financial year 2023-2024.
India shipped 1.78 million metric tonnes of seafood worth $7.38bn during the fiscal year 2023-24.
UAE snaps up Indian seafood
India’s fiscal year begins annually on April 1 and ends on March 31.
Frozen shrimp is the major export item in quantity and value, with the Middle East accounting for 28,571 metric tonnes, Swamy said.
The top 10 markets together contributed 79.89 per cent of India’s seafood exports in US dollar terms in the financial year 2023-24.
The MPEDA, set up by an act of India’s Parliament in 1972, is a statutory body entrusted with the primary task of promoting the export of Indian marine products.
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