NO THREAT TO EXPORT OF SHRIMP
TO USA
US
OVERTAKES JAPAN AS LARGEST MARKET FOR INDIAN SEAFOOD
There is no threat
in export of Indian shrimp to the USA. The "ban" imposed by the
USA on countries such as India for not making Turtle Excluder
Device (TED) mandatory is not a new one, but one continuing from
1996. This ban does not apply to aquaculture shrimp and shrimp
caught by traditional means, which constitute 80% by value of
the shrimp produced in India. Export of this shrimp to USA on
the basis of consignment wise certificate issued by Marine Products
Export Development Authority (MPEDA) continues even now. In fact,
total Indian marine product exports to the U.S (constituting mainly
shrimp), which was just US $ 148 million 4 years ago has shot
up to US $ 299 million in 2001-02. In 2002-03, it is estimated
to have gone up to US $ 319 million thus accounting for 28% of
the total marine products exports from India. USA for the
first time in 20 years as on 2002-03 has over taken Japan as the
largest market for Indian marine products.
Marine products exports
from India during 2002-03 is estimated to be US $1369 million
(Rs. 6595 crore) an increase of 9.3% over the US $ 1253 million
(Rs. 5957 crore) in 2001-02. This has been possible mainly on
account of the excellent growth in exports to USA, particularly
of shrimp, as well as increased value addition.
