Indian shrimp trade: reflections and prospects in the post“WTO era

Salim Shyam. S., . and Biradar R. S., . Indian shrimp trade: reflections and prospects in the post“WTO era. pp. 805-821. ISSN 0116-6514

Indian fisheries sector in view of its potential contribution to national income nutritional security employment opportunities social objectives and export earnings plays an important role in the socio-economic development of the country. The marine products exports contributed a whopping 7245 crores of foreign exchange to the exchequer during 2005“2006 which is one third of the total agricultural exports and 1.5 percent of the total GDP. Shrimps continue to be the predominant item in our marine export claiming about 29 and 67 percent in quantity and value terms share respectively. Until recently India depended heavily on one product (shrimp) and one market (Japan) for its marine products export and thus there is a need for product and market diversification. Shrimp export from India to the United States is also posing serious concern based on the restriction placed on the ground that these are not caught using turtle-excluding devices and with proper antidumping measures. The present study is an attempt to address the significance of the shrimp trade in the Indian seafood export basket based on the data collected for the period from 1979 to 2005 from different sources. The different export parameters like the growth instability competitiveness dynamics of changes integration impediments faced and prospects in the post-WTO framework are analyzed using econometric tools. The results of the study indicated that the trade liberalization initiated during 1991 had embarked improvement in the Indian shrimp export. However recently there is erosion in the competitiveness of Indian shrimp trade. Nevertheless there are issues of concern due to the competitiveness instability and rejections on quality grounds. Infrastructure development creating brand image adoption of HACCP guidelines value addition and antidumping measures horizontal integration by ploughing in more area under shrimp farming considering the vast potential of unexploited brackish-water resources are the core issues which need to be addressed.

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Abstract

Indian fisheries sector in view of its potential contribution to national income nutritional security employment opportunities social objectives and export earnings plays an important role in the socio-economic development of the country. The marine products exports contributed a whopping 7245 crores of foreign exchange to the exchequer during 2005“2006 which is one third of the total agricultural exports and 1.5 percent of the total GDP. Shrimps continue to be the predominant item in our marine export claiming about 29 and 67 percent in quantity and value terms share respectively. Until recently India depended heavily on one product (shrimp) and one market (Japan) for its marine products export and thus there is a need for product and market diversification. Shrimp export from India to the United States is also posing serious concern based on the restriction placed on the ground that these are not caught using turtle-excluding devices and with proper antidumping measures. The present study is an attempt to address the significance of the shrimp trade in the Indian seafood export basket based on the data collected for the period from 1979 to 2005 from different sources. The different export parameters like the growth instability competitiveness dynamics of changes integration impediments faced and prospects in the post-WTO framework are analyzed using econometric tools. The results of the study indicated that the trade liberalization initiated during 1991 had embarked improvement in the Indian shrimp export. However recently there is erosion in the competitiveness of Indian shrimp trade. Nevertheless there are issues of concern due to the competitiveness instability and rejections on quality grounds. Infrastructure development creating brand image adoption of HACCP guidelines value addition and antidumping measures horizontal integration by ploughing in more area under shrimp farming considering the vast potential of unexploited brackish-water resources are the core issues which need to be addressed.

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Item Type:	Article
AGROVOC Term:	Fisheries
AGROVOC Term:	Exports
AGROVOC Term:	Investment
AGROVOC Term:	International trade
AGROVOC Term:	Shellfish culture
AGROVOC Term:	Prawns and shrimps
AGROVOC Term:	Economic growth
AGROVOC Term:	Fish industry
AGROVOC Term:	Income
AGROVOC Term:	Price elasticities
Depositing User:	Mr. AFANDI ABDUL MALEK
Last Modified:	24 Apr 2025 00:54
URI:	http://webagris.upm.edu.my/id/eprint/7934

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