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Shrimp exports to US in April higher by 25% you need to know

Indian shrimp exports to the US during April this year are seen higher by 25 % or 4,480 tonnes when compared with the figures of April last year. As according to the latest data of US agency National Oceanic and also Atmospheric Administration, India has exported 22,229 tonnes of shrimp during April 2020 as against 17,749 tonnes in April 2019. The US imported 51,634 tonnes during the month this year as against 48,613 tonnes in April 2019.

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India is the largest exporter of shrimps to the US, followed by Indonesia with 13,804 tonnes. India is the largest producer of farmed shrimps in the world and accounts for nearly 6% of global fish production. During 2019, India accounted for 282,584 tonnes of shrimps from the total US import of 698,445 tonnes.

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Jagdish Fofandi, the national president of the Seafood Exporters Association of India (i.e. SEAI), told that April data may not be a correct indicator as the shipments made in April that would have been harvested and processed some days before the lockdown began.

During the initial days of the lockdown, the seafood sector was working at around 20-25% capacity with most of the laboratories closed. Labour as well as vehicle movement was also constrained in most of the coastal states.

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“I think the real impact of the lockdown will be felt in the May and June shrimp shipment because of the labor and other constraints. The achievement in April is really good given the overall constraints,” he said.

“Indian exports, especially to the US, are likely to increase in the coming months with the Indian processors being proactive in the retail market in the recent past.”

He also added the consumption of the seafood in the retail sector in the United State and EU has been higher for April and May with people stocking more in anticipation of a shortage.

Indian seafood exports to the US have been hampered in the recent past due to higher anti-dumping duty and impact of the implementation of the Seafood Import Monitoring Programme (SIMP). SIMP for the shrimp exports to the US mandates stringent data requirements to trace the whole supply chain of seafood from point-of-harvest to point-of-entry in the United State.

 

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