In a remarkable display of India’s growing international trade prowess, the country has witnessed a significant surge in seafood and wine exports, showcasing its culinary excellence on the global stage. The Ministry of Commerce and Industry revealed impressive statistics that highlight the nation’s expanding agricultural and marine product sectors.
At a prestigious event hosted by the Indian Embassy in Brussels, diplomats, business leaders, and trade representatives were treated to a spectacular showcase of India’s finest seafood and wine offerings. The event, organized in collaboration with APEDA and MPEDA, underscored India’s strategic approach to international trade and cultural diplomacy.
Seafood exports have reached a remarkable milestone, totaling $7.3 billion and 17.81 lakh metric tonnes in volume. The Vannamei shrimp exports have particularly stood out, quadrupling in recent years and establishing India as a premium seafood supplier. The European Union has emerged as a key market, with India becoming the second-largest seafood supplier, holding an impressive 8% market share in shrimp exports and 12% in squid imports.
The wine industry has equally impressed, with over 24 prominent brands demonstrating India’s growing expertise in viticulture. The event featured an exquisite selection of wines, including bold reds like Cabernet Sauvignon and Shiraz, and crisp whites such as Chenin Blanc and Sauvignon Blanc, proving India’s capability to produce world-class wines.
Saurabh Kumar, India’s Ambassador to Belgium, Luxembourg, and the EU, emphasized the event’s significance in strengthening cultural and trade ties. Sunil Barthwal, Secretary of the Department of Commerce, highlighted India’s dynamic trade landscape and deepening partnership with the European Union.
The broader export picture is equally promising. India’s total exports reached $433.09 billion in 2023-2024, with agricultural commodities contributing $33.24 billion and marine exports accounting for $7.36 billion. The country’s 500 EU-approved processing firms continue to expand, with annual seafood purchases by the EU reaching $0.95 billion.
This remarkable growth demonstrates India’s potential as a global leader in agricultural and marine exports, showcasing the country’s ability to combine traditional expertise with international market demands.