{"id":49442,"date":"2025-07-28T18:53:13","date_gmt":"2025-07-28T13:23:13","guid":{"rendered":"https:\/\/www.nextias.com\/ca\/?p=49442"},"modified":"2025-07-28T18:53:30","modified_gmt":"2025-07-28T13:23:30","slug":"seafood-export-ceta-uk","status":"publish","type":"post","link":"https:\/\/www.nextias.com\/ca\/current-affairs\/28-07-2025\/seafood-export-ceta-uk","title":{"rendered":"Boost to India\u2019s Seafood Exports to the UK after CETA"},"content":{"rendered":"\n<p><strong>Syllabus: GS3\/Fisheries<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Context<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>The Comprehensive Economic and Trade Agreement (CETA)<\/strong> between India and UK <strong>removes import tariffs<\/strong> on a <strong>wide range of seafood products,<\/strong> enhancing Indian exporters&#8217; competitiveness in the UK market.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>About<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>India\u2019s key seafood exports to the UK<\/strong> currently include Vannamei shrimp, frozen squid, lobsters, frozen pomfret, and black tiger shrimp.\n<ul class=\"wp-block-list\">\n<li>These products previously attracted tariffs ranging from 0% to 21.5%, all of which are now removed, substantially<strong> improving cost competitiveness<\/strong> in the UK market.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Indian seafood<\/strong> now competes on par with countries like <strong>Vietnam and Singapore, which already benefit from FTAs with the UK.<\/strong><\/li>\n\n\n\n<li><strong>India\u2019s share in the UK\u2019s $5.4 billion<\/strong> seafood import market is just 2.25%.\n<ul class=\"wp-block-list\">\n<li>With CETA now in force,<strong> industry estimates project a 70% surge<\/strong> in marine exports to the UK in the coming years.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>India\u2019s Seafood Industry<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>India is the <strong>third-largest<\/strong> fish and aquaculture-producing country.\n<ul class=\"wp-block-list\">\n<li>It accounts for <strong>8%<\/strong> of the total global fish production.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>India mainly has eight major fish-producing states:<\/strong> Andhra Pradesh, Gujarat, Karnataka, Kerala, Maharashtra, Odisha, Tamil Nadu, and West Bengal.<\/li>\n\n\n\n<li><strong>India\u2019s total seafood exports in 2024\u201325<\/strong> reached $7.38 billion, amounting to 1.78 million metric tonnes.\n<ul class=\"wp-block-list\">\n<li>Frozen shrimp remained the top export, accounting for 66% of earnings with $4.88 billion.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img data-dominant-color=\"cadeec\" data-has-transparency=\"false\" loading=\"lazy\" decoding=\"async\" width=\"602\" height=\"415\" src=\"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2025\/07\/Indias-Seafood-Industry.png\" alt=\"Indias-Seafood-Industry\" class=\"not-transparent wp-image-49443\" style=\"--dominant-color: #cadeec; width:420px;height:auto\" srcset=\"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2025\/07\/Indias-Seafood-Industry.png 602w, https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2025\/07\/Indias-Seafood-Industry-300x207.png 300w\" sizes=\"auto, (max-width: 602px) 100vw, 602px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li><strong>India exported marine products to 132 countries,<\/strong> demonstrating its extensive reach in the global seafood market. <strong>Top five destinations are: <\/strong>USA, China, Japan, Vietnam and Thailand.<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img data-dominant-color=\"cfc8c1\" data-has-transparency=\"false\" loading=\"lazy\" decoding=\"async\" width=\"587\" height=\"386\" src=\"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2025\/07\/major-market-wise-exports-2023-24.png\" alt=\"major-market-wise-exports-2023-24\" class=\"not-transparent wp-image-49444\" style=\"--dominant-color: #cfc8c1; width:391px;height:auto\" srcset=\"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2025\/07\/major-market-wise-exports-2023-24.png 587w, https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2025\/07\/major-market-wise-exports-2023-24-300x197.png 300w\" sizes=\"auto, (max-width: 587px) 100vw, 587px\" \/><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><strong>Government Initiatives to Boost Seafood Exports:\u00a0<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Infrastructure Development: The Marine Products Export Development Authority (MPEDA) <\/strong>offers assistance to upgrade processing facilities, establish quality testing laboratories, and participate in international trade fairs.\n<ul class=\"wp-block-list\">\n<li>This helps enhance the quality and competitiveness of Indian seafood products in global markets.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Aquaculture Support:<\/strong> This support includes the transfer of advanced technologies and best practices to increase production and productivity.<\/li>\n\n\n\n<li><strong>Duty Reduction: <\/strong>The government in Budget 2024-25 has reduced import duties on essential ingredients used in seafood feed.\n<ul class=\"wp-block-list\">\n<li>Key reductions include the complete removal of duties on fish lipid oil, algal prime, crude fish oil, and pre-dust breaded powder.\u00a0<\/li>\n\n\n\n<li>Additionally, import duties on krill meal, mineral and vitamin premixes, and prawn\/shrimp and fish feed have been significantly lowered.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Export Incentives: <\/strong>The government has enhanced the Remission of Duties and Taxes on Export Products (RoDTEP) scheme.\n<ul class=\"wp-block-list\">\n<li>The refund rate for various seafood products has been increased from 2.5% to 3.1% of the export value, with a higher cap of Rs. 69 per kilogram.\u00a0<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Pradhan Mantri Matsya Sampada Yojana (PMMSY):<\/strong> This flagship scheme aims to modernize the fisheries sector, including developing cold chain infrastructure, reducing post-harvest losses, and improving overall productivity.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Challenges and existing Issues\u00a0<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Overfishing<\/strong>: Excessive catch limits and unsustainable practices are threatening marine biodiversity and long-term productivity.<\/li>\n\n\n\n<li><strong>Climate Change and Pollution:<\/strong> Rising ocean temperatures, acidification, and coastal pollution are disrupting breeding cycles and lowering catch volumes.<\/li>\n\n\n\n<li><strong>Infrastructure and Export Hurdles <\/strong>\u2013 Inadequate cold chain infrastructure, poor handling practices, and stringent international quality standards hamper seafood exports.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>India&#8217;s seafood industry has demonstrated <strong>robust growth and resilience<\/strong> over the past five years, significantly enhancing its position in the global market.\u00a0<\/li>\n\n\n\n<li>India has not only increased its production and export volumes but also expanded its market reach to 132 countries.\u00a0<\/li>\n\n\n\n<li>With India\u2019s vast production capacity, skilled manpower, and improved traceability systems, CETA enables Indian exporters to seize a larger share of the UK market and diversify beyond traditional partners like the US and China.<\/li>\n<\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/www.pib.gov.in\/PressReleasePage.aspx?PRID=2148804\" rel=\"nofollow noopener\" target=\"_blank\"><strong>PIB<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<h3><strong>Context<\/strong><\/h3>\n<li class=\"ms-5\">The Comprehensive Economic and Trade Agreement (CETA) between India and UK removes import tariffs on a wide range of seafood products, enhancing Indian exporters&#8217; competitiveness in the UK market.<\/li>\n<p><\/p>\n<h3><strong>India\u2019s Seafood Industry<\/strong><\/h3>\n<li class=\"ms-5\">India is the third-largest fish and aquaculture-producing country.<\/li>\n<li class=\"ms-5\">It accounts for 8% of the total global fish production.<\/li>\n<li class=\"ms-5\">India mainly has eight major fish-producing states: Andhra Pradesh, Gujarat, Karnataka, Kerala, Maharashtra, Odisha, Tamil Nadu, and West Bengal.<\/li>\n<li class=\"ms-5\">India\u2019s total seafood exports in 2024\u201325 reached $7.38 billion, amounting to 1.78 million metric tonnes.<\/li>\n<p><a href=\"https:\/\/www.nextias.com\/ca\/current-affairs\/28-07-2025\/seafood-export-ceta-uk\" class=\"btn btn-primary btn-sm float-end\">Read\u00a0More<\/a><\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-49442","post","type-post","status-publish","format-standard","hentry","category-current-affairs"],"acf":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/49442","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/comments?post=49442"}],"version-history":[{"count":3,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/49442\/revisions"}],"predecessor-version":[{"id":49467,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/49442\/revisions\/49467"}],"wp:attachment":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/media?parent=49442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/categories?post=49442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/tags?post=49442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}