Growth and trade performance of indian fish export to china

Abstract

China has been the largest producer of fish in the world since 1989 and became the largest consumer of fish and fishery products recently. With increase in China’s demand and preference for shellfishes and value-added fish products, India sees China as the second largest export destination after the US. This study analyzed the status, export performance and competitiveness of Indian fish export to China based on data (2000-2018) from trademap.org and UNCOMTRADE statistical database. Compound Growth Rate (CGR) revealed that the seafood export grew at an annual rate of 9.68% in terms of value with instability of 0.24 from 2000-2018. The Simpson Index of Diversity (SID) to the China revealed that the index values remained highest all throughout the years as compared to USA and the rest of the world. The Unit Value Realization (UVR) was found highest in live fishes ($34.92/kg) followed by fresh chilled fish ($7.19/kg), crustaceans ($5.97/kg) and others for 2018. Commodity wise RCA revealed that it is highly positive for frozen fillet meat mince (10.22) followed by crustaceans (8.0) and frozen fish (5.05), indicating that India has a strong comparative advantage in exporting these commodities to China.