Regardless of being hit by the US’ tariff, India’ marine merchandise exports elevated by over 16% to $ 5.75 billion in April – November, 2025-26 on yr due to a surge in cargo throughout a number of new markets, in response to official knowledge launched on Monday.
In November, 2025, India exported marine merchandise valued at $ 0.87 billion, a rise of 15% in comparison with a yr in the past.
Official sources earlier acknowledged that the exports of marine merchandise declined to $ 1.06 billion, a decline of over 7% throughout April- October of FY26 to the United States, the nation’s greatest export vacation spot due to excessive tariffs. This loss in cargo was ‘greater than compensated’ by an increase in cargo to China, Vietnam, Belgium, Japan, Russia, Canada and the UK, sources mentioned.
Non-US markets emerge as a brand new engine for progress
“Non-US markets emerge as the brand new progress engine,” in response to an official observe.
Nevertheless seafood exporters informed FE that an earlier dedication of exports to the US continues to be being executed, particularly preserving into consideration the rise within the demand throughout Christmas regardless of duties. Nevertheless , after January 15, 2026 the order pipeline from the US is totally empty which can hit the nation’s marine exports.
India’s seafood exports, largely frozen shrimp, have been $ 7.45 billion in FY25, with the USA having a share of 35% ($ 2.8 billion).
The majority of the nation’s seafood exports to the US is ‘Vannamei Shrimp’. Ecuador had a 19% within the USA’s annual seafood import of $ 6 billion.
The tariff by the US had put Indian seafood at a significant drawback in comparison with rivals like Ecuador (15%), Vietnam (20%), and Thailand (19%) tariff.
In line with an official observe, rise in exports of maring merchandise within the present fiscal replicate each a diversification in export locations and a structural shift in international sourcing traits, as patrons in Asia and Europe more and more flip towards Indian suppliers for constant high quality and aggressive pricing. It acknowledged the rising market growth alternative for the nation’s marine exports potential.
Earlier commerce officers had feared that the seafood exports would hit as efficient duties imposed by the US have been elevated to 59.71% which incorporates countervailing (5.76%) and anti-dumping duties (3.96%) together with a 50% tariff introduced for India by President Donald Trump.
“Regardless of international value pressures, recessionary traits within the US, and unstable logistics situations, India’s marine sector demonstrated robust resilience”, an official mentioned.
EU boosts India’s seafood export prospects
To spice up India’s seafood exports prospects, the European Union (EU) has authorized 102 extra fishery models for shipments, the Marine Merchandise Export Growth Authority.
Earlier commerce officers had feared that the seafood exports would hit as efficient duties imposed by the US have been elevated to 59.71% which incorporates countervailing (5.76%) and anti-dumping duties (3.96%) together with a 50% tariff introduced for India by President Donald Trump.
“Regardless of international value pressures, recessionary traits within the US, and unstable logistics situations, India’s marine sector demonstrated robust resilience”, an official mentioned.
To spice up India’s seafood exports prospects, the European Union (EU) not too long ago has authorized 102 extra fishery models for shipments, the Marine Merchandise Export Growth Authority.
The EU is the third-largest seafood export vacation spot for India after China, accounting for 15.10% of India’s complete exports. The seafood exports to the EU in FY25 have been valued at $ 1.12 billion, and key export gadgets included frozen shrimp, cuttlefish, and squid.
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