Question

What is the total value of fish and fishery products exported to overseas countries from India in 2021-22 ?

• A. Rs. 37,5 6 crores
• B. Rs. 47,0285 crores
• C. Rs. 67,585 crores
• D. Rs. 57,55 crores

Hint:

Frozen shrimp is the primary driver of India's seafood exports, contributing around $75\%$ of the record-breaking Rs. 57,55 crores in export revenue.

Answer 1

The Correct Option is D

Step 1: Understanding the Concept:
Marine products are an important source of export earnings for India.
The Marine Products Export Development Authority (MPEDA) monitors and records the volume and value of these seafood exports.
Detailed Explanation:
In the fiscal year 2021-22, India exported an all-time high of $13,69,264 \text{ metric tonnes}$ of seafood products.
The total value of these exports reached Rs. 57,548 crores (equivalent to approximately USD 7.76 billion).
Key factors driving these export figures include:
- Frozen shrimp remained the dominant export item, accounting for over $53\%$ in quantity and $75\%$ in total dollar earnings.
- The United States and China were the largest import markets for Indian seafood.
This performance was achieved despite supply chain challenges and pandemic-related disruptions.

Step 2: Final Answer:
The total value of seafood exported from India in 2021-22 is Rs. 57,55 crores.