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    Provisional Estimates of Annual National Income, 2013-14 and Quarterly Estimates of Gross Domestic Product, 2013-14
    Marine Products Exports Crosses US $ 5 Billion in 2013-14
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May 30, 2014
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GDP growth estimates revised: updated annual and quarterly national income measures show sectoral divergence and expenditure-side adjustments.
Provisional national income and quarterly GDP estimates for 2013-14 were revised using updated agricultural, IIP and sectoral indicators, yielding an annual GDP growth of 4.7 percent at constant factor cost and corresponding revisions to GNI and per capita net national income. The release details sectoral revisions (agriculture, mining, manufacturing, construction, banking, transport, services), explains links to indicator movements and central government expenditure outturns, provides GDP at market prices reconciled with indirect taxes and subsidies, and presents expenditure-side estimates including private and government consumption, gross fixed capital formation and quarterly (Q4) sectoral growth rates.
May 30, 2014
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Marine products exports hit US$5,007.7 million in 2013 14, driven by frozen shrimp and Vannamei growth.
Marine products exports in 2013 14 totaled US$5,007.70 million (983,756 tonnes), up 42.6% in dollar terms and 5.98% in quantity, with unit value rising to US$5.09/kg. Frozen shrimp dominated value (64.12%), shrimp exports reached 301,435 tonnes worth US$3,210.94 million, and Vannamei volumes and dollar earnings surged. South East Asia, the USA and EU were primary markets. MPEDA targets US$6.0 billion for 2014 15, citing Vannamei production growth, quality control and value addition infrastructure.

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