Tridge summary
India, the world's fourth-largest seafood exporter, is set to expand its reach into Korea, the largest consumer of seafood, through an online conference. The country has seen a steady increase in seafood exports over the past six years, reaching a high of $7.082 billion in 2018-2019. The products exported include shrimp, crab, squid, and more. The Indian Fisheries Export Development Authority is playing a key role in this growth, implementing new standards and focusing on research and development.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
India, the world's 4th seafood exporter, will hold an online conference and begin its full-fledged entry into Korea, the world's largest consumer of seafood. The Indian Fisheries Export Development Administration, the Indian Ministry of Commerce, and the Indian Embassy in Korea announced that they would hold an online seafood import consultation meeting jointly at 3 pm on the 27th. India has maintained its status as the world's fourth largest exporter of seafood over the past few years. In the past six years, India's seafood exports increased from $4.688 billion in 2015-2016 to $5.956 billion in 2019-2020. Between 2017 and 2018, it reached an all-time high of $7.082 billion. Exports also increased from 946,000 tons in 2015-2016 to 1.149,000 tons in 2020-2021. Between 2017 and 2018, it achieved an all-time high of 1377,000 tons. In India, shrimp, crab, squid, octopus, minnow, cod, tuna, and clams were the US (41.15%). China (15.77%), EU (13.8%). It is targeting the tastes ...
Source: Susantimes
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