EU approves 102 extra Indian marine items for exports

The European Union (EU) has permitted 102 further marine product items from India for exports, making them eligible to provide to the bloc, which is the nation's second-largest seafood export vacation spot, an official mentioned on Tuesday.

With this, a complete of 604 Indian items are listed by the EU.

“The transfer would assist enhance India's seafood exports to the EU. It's anticipated to assist improve our seafood exports by about 20 per cent,” the official mentioned.
In 2023-24, India's seafood exports to the EU stood at USD 1.1 billion.

The event can also be necessary for diversifying India's shrimp exports, that are hit onerous by a steep 50 per cent tariff imposed by the US.

The official mentioned that itemizing of those items by the EU was an extended pending demand of India. The US, EU, China, Japan, Vietnam and Thailand are main seafood export locations of India. “The itemizing is a key improvement to spice up our exports. This additionally displays that our items are sustaining excessive requirements,” the official mentioned.

India's shrimp exports in 2024-25 was USD 4.88 billion, accounting for 66 per cent of the entire seafood exports.