India - Frozen Vannamei Shrimp

HS Code:

030617 - Crustaceans; frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking; in shell, cooked by steaming or by boiling in water

$7 ~

USD / KG, April 15, 2024

Current Offer Base Prices

PDTO 31/40

$7 /

-

Available Specifications:

Variety: Vannamei Shrimp

Grade: Grade 1

Processed Style: Frozen

Incoterms: CFR

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Latest Updates:

A quote is requested by a buyer. (20 metric ton)

Apr 12, 2024

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The United States continues to import Vietnamese agricultural products in large quantities

According to statistics from the Ministry of Agriculture and Rural Development of Vietnam, in the first quarter of 2024, the United States is still Vietnam's second largest export market for agricultural, forestry and aquatic products, second only to China. In the first three months of 2024, agricultural, forestry and aquatic product exports to the United States accounted for 19.9% of the country's total exports, an increase of 28.3% over the same period in 2023.

Foodmate · Apr 11, 2024

India has set a seafood export target of US$12 billion by 2025

In April 2022 - March 2023 fiscal year, India reached US$8 billion (€7.4 billion) in seafood exports, with frozen shrimp accounting for US$5.6 billion (€5.2 billion), including 2. US$6 billion (€2.4 billion) was sent to the United States. “The government intends to focus on value-added products and supply to high-end markets, while raising awareness among exporters about labor and environmental standards,” two Indian Commerce Ministry officials told Reuters on condition of anonymity ahead of general elections starting later in April. Officials said the growth strategy will be built around a focus on high-end markets, including the US and Europe. China, Southeast Asia, Japan and the Middle East are minor export destinations for shrimp, octopus and cuttlefish, officials said. The growth target was set for fiscal year 2025, with officials p

Fishretail · Apr 11, 2024

US lawmakers introduce Save Our Shrimpers Act to ban federal funding of foreign shrimp farming and imports

A group of federal lawmakers from Southern U.S. states has introduced legislation that would ban federal funding from going toward shrimp farming, foreign shrimp exports to the U.S., or shrimp processing via international monetary institutions in an attempt to protect domestic shrimpers.

Seafoodsource · Apr 11, 2024

Weekly Product Updates

W13 Shrimp Update: US Lawmakers' Concerns Spark Debate on Indian Shrimp Imports, Implications for Japan's Market and Ecuador's Opportunity

In W13 in the shrimp landscape, the US lawmakers are expressing concerns about shrimp imports from India due to reports of food safety issues, labor violations, and human rights abuses in India's shrimp processing industry. This has led to the introduction of the Keeping Safe Shrimp Act, aimed at ensuring fair trade practices. However, the Indian government, through the Marine Products Export Development Authority (MPEDA), denies these allegations, emphasizing India's adherence to strict regulations and ethical supply chain practices. Meanwhile, the US Department of Commerce (DOC) has announced preliminary findings of unfair subsidies benefiting shrimp exporters in India, Ecuador, and Vietnam, potentially leading to countervailing duties. This development could disrupt global shrimp trade patterns, with Japanese importers showing increased interest in Ecuadorian shrimp due to potential lower prices compared to Indian shrimp, amidst a shrinking overall shrimp market in Japan.

Ferhat Erdem · Apr 9, 2024

Trade Data

HS Code:

030617 - Crustaceans; frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking; in shell, cooked by steaming or by boiling in water

Export to:

Export Rank

2023

0th

Share in Export

2023

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Export Value

2023

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Total Value & Trade Flow

Total Export Value of India in 2023

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Export Value Trend of HS Code 030617 From India to All Countries

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