India Market Overview
Population
1.39 billion
GDP (2021)
USD 3.17 Trillion
Per Capita GDP
USD 2,277.4
GDP Growth
8.9%
Source: World Bank 2021 (https://data.worldbank.org/)
India Imports
The following information is a snapshot in time to give you a general overview of India’s top importing products. This information is sourced from FAO Globefish market profile for India (2020). Some of this information may change from time to time, therefore we encourage you to go directly to FAO Globefish for the most up-to-date information.
Imports – Top 10 Products (Value)
1
Flours, meals, pellets. Unfit for human consumption
from fish or aquatic invertebrates
(HS 2301.20)
USD 48 542 540
2
Fish, other than species in 0302
fresh or chilled; excluding fillets, livers and roes
(HS 0302.89)
USD 38 963 970
3
Shrimps, prawns
frozen; cold-water species
(HS 0306.16)
USD 21 756 550
4
Shrimps, prawns
frozen
(HS 0306.17)
USD 18 049 500
5
Fish, other than species in 0303
frozen; excluding fillets, livers and roes
(HS 0303.89)
USD 17 795 770
6
Fish fats or oils and fractions thereof
not chemically modified or from fish-livers
(HS 1504.20)
USD 9 558 890
7
Fish
frozen; excluding fillets, livers and roes
(HS 0303.69)
USD 8 822 650
8
Catfish
fresh or chilled; excluding fillets, livers and roes
(HS 0302.72)
USD 8 622 660
9
Sardines, sardinella, brisling or sprats
frozen; excluding fillets, livers and roes
(HS 0303.53)
USD 7 197 870
10
Catfish
frozen fillets
(HS 0304.62)
USD 6 911 750
Source: FAO Globefish Market Profile for India – 2020 (https://www.fao.org/in-action/globefish/countries/en/)
Globefish provides information and analysis for global trade in fish and fish products. Search for information about the size of the market, the top imported product and formats as well as other important market information. The information here is a snapshot from 2020 – check the link for more recent information.
FRDC Trade Database
Australian Exports to India
This database provides a wealth of seafood exporting and importing information with the ability to look at seafood production and trade data.
The database allows you to filter the data by year, export market destination and species. You also have the option to look at the data by seafood trade value or volume.
The FRDC database sources information from the Australian Bureau of Statistics.
Find seafood production and trade data for your products and markets
Seafood Specific Information
Micor Importing Requirements
Micor (Fish) sets out the know importing country requirements, which differ from or are additional to Australian export conditions and which must be met to gain market access.
Seafood Export Program Report
The latest summary report from the Australian Government on registrations, export shipments and markets, exports by product, and exports.
India Market Summary & Category Data for Fish Seafood (Barramundi)
Rock Lobster in India
Generic information about exporting to India
Austrade Export Market Profile
To view a market profile that outlines information on doing business with India, news and insights, events, and information about visiting India.
Australia – India Economic Cooperation and Trade Agreement
The Australia-India Economic Cooperation and Trade Agreement (AI-ECTA) was signed on 2 April 2022. The AI ECTA will enter into force when both parties have completed their respective domestic treaty requirements.
DFAT India Brief
Information about the land, people, history, government, political conditions, economy and foreign relations.
Relevant India Based Authorities
Central Board of Indirect Taxes & Customs
Directorate General of Foreign Trade
The Associated Chamber of Commerce and Industry of India
Confederation of Indian Industry
Federation of Indian Chambers of Commerce & Industry
Foreign Investment Facilitation Portal
Ministry of Commerce and Industry
Information on Exports and Imports by the Department of Commerce
Export Market Reports
Are you looking to diversify your seafood export markets, but not sure if a market is right for you and your business? SIA has developed a series of FREE market summaries and supply chain guides to help producers gain valuable insights into new markets and make informed business decisions.