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Exports of marine products in 2010-11 touched $2.48billion ,registering a growth of 1.96 % in quantity , 27.64 % in rupee value and 33.17 % in dollar realization compared to the previous year, according to Marine Products Export Development Authority (MPEDA) on August 1,2011. This is the first time that the exports of marine products crossed $2 billion mark. During the year, a total quantity of 13,091 tonnes, valued at Rs.12,901.47 corer ($2, billion ) were shipped as against 67,436 tonnes valued at Rs. 10,04.53 crore (&$2.1 billion) in 2009-10. According to MPEDA, frozen shrimp continued to be the major export item from Indian accounting 44.26 % of the total dollar earnings. European Union continued to be the largest market with a share of 26.66 % in dollar realization.
