India’s frozen prawn exports to the US declines

KOCHI: India’s frozen prawn exports to the United States declined during the calendar year 2020 to 2,71,831, tonnes from 2,86,902 tonnes of the previous year. However, the country retained the position as the largest exporter of frozen prawn to the US.
India’s Rs 47,000 crore seafood export (global) business owes its size to frozen prawn as it accounts for 51% of the quantity and 73% of the total dollar earnings. Frozen prawn exports is a business pioneered by Kerala exporters – the very first container load of frozen shrimp from India was exported by Kochi-based exporter R Madhavan Nayar through Cochin Port on August 3, 1953, which marked the beginning of the modern seafood exports in India.
While India suffered a decline in exports, other major competitors increased their quantity of exports – Indonesia, the second-largest exporter increased their exports to 1,60,744 tonnes…