New Delhi: The commerce ministry on Sunday said exports of marine products grew by 35 per cent to $6.1 billion during April-December 2021 from $4.5 billion in the same period last year.
In December 2021, exports grew by 28 per cent to USD 720.51 million.
It said the top five export destinations include the US, China, Japan, Vietnam and Thailand.
“Frozen shrimp constitute a major part of India’s exports of marine products, accounting for 74 per cent in value terms,” it said.
Other major items include frozen fish (7 percent) and frozen squid (5 percent).
The Pradhan Mantri Matsya Sampada Yojana (PMMSY), launched in May 2020, has set a target of fish exports worth Rs 1 lakh crore, additional 70 lakh tonnes of fish production and 55 lakh jobs in the coming years.
In a separate statement, the ministry said India’s exports of final consumer food products such as ready to eat (RTE), ready to cook (RTC) and ready to serve (RTS) exports stood at USD 2.14 billion in 2020-21.
It was USD 1 billion in April-October 2021-22, while it was USD 823 million in April-October 2020-21.
Products that fall under the ready to eat (RTE) category include biscuits and confectionery, jaggery, breakfast cereals, wafers, pan masala and arecanut.
The main markets for these goods include the US, Malaysia, UAE, Sri Lanka, Australia, Sudan, UK, Singapore and Nepal.
“Malaysia imported molasses worth USD 5.09 million and Nepal imported wafers worth USD 3.5 million in 2020-21,” the ministry said.
In addition, the major export destinations for RTC exports in 2020-21 are the US (USD 18.62 million), Malaysia (USD 11.52 million), UAE (USD 8.75 million), Indonesia (USD 7.52 million), and UK (7.33 million USD). US dollars). One million).
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