Monday, March 28, 2011

India’s seafood exports to Japan will be hit for next 6 months

India’s seafood exports to calamity-hit Japan will be affected for next six months due to the prevailing situation there, according to industry bodies. A senior official of Marine Products Exports Development Authority (MPEDA) said many of the important cities other than Tokyo and Osaka in that country are still under duress and the lull in the Japanese retail market in devastated areas have forced exporters send small quantities.

MPEDA said during 2009-10 for the first time in the history of marine product exports, the earnings crossed US$ 2 billion (UK£1.249 billion). Japan, which accounts for more than 15 percent of the Indian exports of high-value seafood products during the first nine months of the financial year was placed third after the European Union countries and the US. Read more ...

This blog is written by Martin Little The Aquaculturists, published and supported by the International Aquafeed Magazine from Perendale Publishers.

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