Hilsa trade reverses as Bangladesh turns to India amid supply crunch

The traditional hilsa trade between Bangladesh and India has reversed this year, with Bangladesh importing the prized fish from India as falling domestic supply drives prices higher.

Around 500 tonnes of hilsa have been exported from India to Bangladesh over the past two months, according to The Telegraph of India, citing fisheries traders. Another 150 to 200 tonnes could be shipped in the coming weeks.

Bangladesh, the world’s largest hilsa producer, has historically exported the fish to India, particularly ahead of Durga Puja. This year, however, lower domestic production has created a shortage and pushed prices beyond the reach of many consumers.

Hilsa weighing one kilogram or more is now selling for around 2,500 to 3,000 taka in Bangladesh.

A large portion of the imported fish has come from Gujarat, including catches from the Arabian Sea and the Narmada estuary, while smaller consignments have also originated from Diamond Harbour and Kolaghat in West Bengal.

More than 450 tonnes have reportedly entered Bangladesh through the Petrapole land port over the past two months. Two consignments carrying around 10 tonnes crossed on Sunday alone.

Syed Anwar Maqsood, secretary of the Howrah Wholesale Fish Importers’ Association, said this was the first time Bangladesh had imported hilsa from India on such a scale.

Indian traders said Gujarat hilsa, which often carries large quantities of roe, has relatively weaker demand in India but is popular in Bangladesh, particularly in Chattogram and Sylhet.

The reversal has also raised uncertainty over whether Bangladesh will export hilsa to India ahead of Durga Puja this year.

Last year, Dhaka authorised exports of 1,200 tonnes to India, but only 143.8 tonnes were ultimately shipped, largely because of high prices.

Kolkata fish importers have again urged Bangladesh to allow exports this year, but the government has yet to announce a decision.

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