Seafood exports to Ukraine fell sharply to $1.36 million in April-January

India’s seafood exports to Ukraine have been hit due to the Russia-Ukraine conflict as shipments fell sharply to $1.36 million in April-January 2022-23, Parliament was informed on Wednesday. However, total seafood exports from India have increased from US$6.66 billion in April-January 2021-22 to US$6.86 billion in the same period of 2022-23.

In a written response to the Lok Sabha, Minister of State for Trade and Industry Anupriya Patel said seafood exports from India to Russia rose to US$112.53 million in April-January 2022-23, from US$98.84 million in April-January 2021-22.

“Seafood exports to Ukraine have been impacted by the Russia-Ukraine conflict and have fallen from $11.2 million in April-January 2021-22 to $1.36 million in April-January 2022- 23,” she said.

Andhra Pradesh is one of the largest seafood exporters accounting for about 35 percent of India’s seafood exports in 2021-22.

In a separate reply, she shared that India’s foreign exchange reserves stood at US$562.72 billion at the end of December 2022, equivalent to 9.3 months of imports.

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