India is now world’s fourth largest marine products exporter

India is now the fourth largest exporter of marine products, commerce and industry ministry said, with 130 countries importing Indian marine products in FY25, as against 105 in 2014-15.

In 2024-25, India exported 16.85 lakh metric tonnes (LMT) of marine products from 10.51 LMT in 2014-15. Backed by advancements in aquaculture practices, better cold chain infrastructure, and adherence to international quality norms, the country’s marine exports grew to $7.2 billion in 2024-25 from $5.4 billion in FY15.

“This expansion underscores the increasing global demand for Indian marine products and the efforts of exporters to tap into high-value markets,” said an official, adding that this diversification of export destinations mitigates market risks and opens up opportunities for long-term growth.

India’s ranking rose four notches from eighth in 2014-15 in marine product exports, signalling its growing competitiveness and credibility in the global market.

“Over the past decade, India’s marine exports have demonstrated a robust growth trajectory, both in volume and value terms, positioning the country as a key player in the global seafood trade,” said the official.

With a Compound Annual Growth Rate of 3.15% during this period, India has outpaced the global average growth rate of 2.7%, further solidifying its rising stature in the international seafood arena.