Covid-related uncertainties in China appear to have prompted Indian seafood exporters to focus on Thailand and Vietnam, which were formerly major export destinations.
China is the second-largest market, after the US, for Indian seafood shipments, importing 2,61,491 tonnes valued at ₹8,551 crore in FY22. Thailand and Vietnam imported marine products worth ₹2,000 crore and ₹2,237 crore, respectively, during the period.
Consignments held up
The unpredictability in the Chinese market, especially in the cities of Shanghai, Ningbo, and Nanjing in the western part, following stringent Covid-induced lockdown has affected the supply chain. There is concern over shipments despatched earlier, which are held up in ports for more than 30 days, said Alex K Ninan, president of Seafood Exporters Association of India – Kerala Region.
Shipments have been delayed and reefer containers are…