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ผู้เขียน หัวข้อ: Exports unprecedentedly surpass USD 2 bln  (อ่าน 2030 ครั้ง)
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« เมื่อ: พฤษภาคม 20, 2010, 09:10:16 AM »


The global economic recession has had a minimal impact on Indian seafood exports. (Photo: FIS)

Exports unprecedentedly surpass USD 2 bln

INDIA
Thursday, May 20, 2010, 03:40 (GMT + 9)



India's seafood product exports have unprecedentedly exceeded USD 2 billion despite harsh tariff and non-tariff US and European Union (EU) barriers, according to official 2009-10 figures released on Tuesday.

The global economic recession has not adversely impacted Indian marine product exports, said the Marine Products Exports Development Authority (MPEDA).

Export volumes for 2009-10 were exceptional as well, it informed. Exports aggregated 663,603 tonnes worth INR 9.921 billion (USD 2.1 billion).

“Compared to the previous fiscal, we recorded a growth of 10.08 per cent in volume, 15.26 per cent in rupee earnings and 10.32 per cent growth in dollar earnings in spite of the recession in the international market,” said Leena Nair, chairperson of MPEDA, reports The Financial Express India.

Frozen shrimp was again the main export item, making up 41.74 per cent of total dollar earnings, New Kerala reports.

The country’s seafood exports faced tariff hurdles in the US last year as the fourth review by the US International Trade Commission (USITC) upped duties by 300 per cent, while the EU mandated catch certificates for all marine imports.

Fish was the chief export item in terms of volume and the second largest in terms of value. Its export accounted for 38.37 per cent in quantity and 20.09 per cent in dollar earnings.

Exports of live lobster, live crab and Baigai (little water snail) jumped.

The EU was once more the India’s principal market, with a share of 30.07 per cent in dollars, followed by China with 17.73 per cent and South East Asia at 14.61 per cent. Next were Japan with 12.96 per cent, the US with 10.02 per cent, the Middle East with 5.57 per cent and other countries at 9.05 per cent.

Exports to the US continued to fall -- from 61,703 tonnes worth USD 424.51 million in 2002-3, exports skid to 33,382 tonnes at USD 211.06 million. This is a fall of more than half in value and nearly 46 per cent in quantity, MPEDA said.

There was positive growth in exports to countries such as Libya, Reunion Islands, Australia, Puerto Rico, Dominican Republic, Kenya, Tanzania, Ukraine and Brazil.

Related articles:

- US anti-dumping duty stands
- US increases shrimp tariffs almost 300 pct


By Natalia Real
editorial@fis.com
www.fis.com



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