Export of marine products from Kerala dipped for second consecutive year in 2024-25: Economic Review
GS3Economy · S&T · Environment · Security· External sector, trade & FDI· Prelims·
Why in news
The Economic Review reported a consecutive decline in Kerala's marine product exports for the 2024-25 fiscal year due to international trade barriers and biosecurity concerns.
Background
Kerala's marine product exports fell from 1.96 lakh MT to 1.79 lakh MT in quantity and from ₹7,231.8 crore to ₹6,941.36 crore in value. The decline is attributed to tariff/non-tariff barriers and bans on wild-caught shrimps from India.
Facts for Prelims
- FactKerala marine product export quantity: 1.79 lakh MT in 2024-25
- FactKerala marine product export value: ₹6,941.36 crore in 2024-25
- FactPrimary export commodities from Kerala: Frozen shrimp and fish
- FactReason for export dip: Biosecurity concerns and bans on wild-caught shrimps
For Mains
Q. Analyze the impact of international biosecurity standards and non-tariff barriers on India's marine product exports and suggest measures to enhance global competitiveness.
Dimensions to cover in your answer
- Regulatory friction: Stringent international biosecurity norms creating market access barriers for Indian wild-caught shrimp
- Trade protectionism: Impact of tariff and non-tariff barriers on regional seafood export volumes
- Supply chain vulnerability: Dependence on specific export markets for Kerala's marine economy
Keywords: Non-tariff barriers · Biosecurity · Trade barriers · Export diversification · Marine economy
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