AP Tops in Shrimp Exports

Exports grew to 10.67 per cent from 7.33 per cent in the last financial year

Published: 04th July 2015 05:28 AM  |   Last Updated: 04th July 2015 05:28 AM   |  A+A-

VIJAYAWADA: Yet again Andhra Pradesh has topped the chart in shrimp exports enabling the country to register an impressive growth rate of 10.05 per cent (monetary value) in marine products exports in 2014-15 fiscal and touch $5.5 billion mark.

According to the Marine Products Export Development Authority (MPEDA) chairperson Leena Nair, who released statistical figures pertaining to marine product exports for the financial year 20114-15 in Kochi, Kerala, the exports growth in Andhra Pradesh was 10.67 per cent as compared to 7.33 per cent in the previous fiscal. L Vannamei culture in the state had increased to 31 per cent in 2014-15 which helped the state retain the status of leading exporter of shrimp.

Visakhapatnam port continued to top the charts in marine exports from India with exports worth Rs 7,578.27 crore and the total marine exports from AP stood at Rs 9,296 crore. This is significant, given the downward trend in unit value realisation for L Vannamei in the US and other markets in December 2014.

The price had dropped from $7.60 per pound in November 2014 to $6.95 in December 2014. The trend continued till March 2015, with lowest recorded price being $5.90 per pound in March 2015. Even though the total exports of shrimp had increased by 18.61 per cent in quantity, the US dollar realisation value recorded only at 15.55 per cent increase.

S Kandan, MPEDA deputy director (aqua) regional centre at Vijayawada, said that MPEDA chairperson had set the target of USD 6.6 billion worth marine products exports for the current fiscal with an objective of crossing the USD 10 billion mark by 2018. “Increased production of L Vannamei shrimp, diversification of aquaculture species, particularly Tilapia and Mangrove crab, quality control measures would help us in achieving the target,” he said exuding confidence in the state government’s measures for promoting aquaculture in the state.


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp