Trends in Marine Products Exports from India: Issues and Challenges

Marine products sector has emerged as a vibrant sector for generating foreign exchange and thereby creating millions of productive employment opportunities in our economy. Growing urbanization, globalization, new lifestyles, trade liberalization and the emergence of new markets and rapidly changing social structures had a major impact on the fisheries structure of the country. Compound Annual Growth Rates (CAGR) were estimated to examine the growth trends in marine exports from India and Kerala. Kerala's fish production and export scenario have transformed due to compliance with WTO regime, stringent regulations from the US Food and Drug Administration, EU regulations and due to social and economic issues.