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Mangalore Sets Record with Marine Product Exports in 2023-24

Mangalore Sets Record With Marine Product Exports In 2023 24 (1)

In a remarkable achievement, India exported a total of 17.81 lakh tonnes of marine products worth ₹60,523 crore during the financial year 2023-24. This figure represents a record high for the country’s marine exports.

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*Key Highlights:*
– *Chilled Prawns and Fish:* Chilled prawns and fish continue to be the major export products. The United States and China remain significant importers of Indian seafood.
– *Export Volume Growth:* India’s export volume increased by 2.67 percent in 2023-24 compared to the previous year. In 2022-23, the country exported 17.35 lakh tonnes of marine products worth ₹63,969 crore.
– *Top Exporter of Chilled Shrimp:* India remains the top exporter of chilled shrimp, earning ₹40,013 crore in foreign exchange. Shrimp exports accounted for 40.19 percent of the total export volume and 66.12 percent of the total dollar earnings.
– *Tiger Prawns:* The export volume of tiger prawns increased by an impressive 24.91 percent. A total of 38,987 tonnes of tiger prawns, valued at ₹2,855 crore, were exported.
– *Chilled Fish and Other Products:* Chilled fish contributed ₹5,509 crore in foreign exchange. Additionally, exports of fishmeal, feed, dried products, and other marine items generated a revenue of ₹3,684.79 crore.
– *Other Notable Exports:* Chilled Bondas recorded foreign exchange of ₹3,061 crore. Surimi and Surimi-based products saw a growth of 4.12 percent, while Kappe Bondas products generated ₹2,252 crore in revenue. The release also highlighted increased income from exports of chilled fish, octopus, fish oil, live fish, horn prawns, and fish maws.

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This achievement underscores India’s prominence in the global seafood market and reflects the resilience of its marine export industry.

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