India’s marine products exports grew by over 16% to reach $5.75 billion during the April-November 2025 period. This growth occurred despite a 7% decline in shipments to the US, which is India’s largest seafood export destination. The loss in US orders was more than compensated for by increased shipments to China, Vietnam, Belgium, and Japan.
Diversification of export destinations has emerged as a major growth engine for the sector. Seafood exporters are seeing Asia and Europe turn toward Indian suppliers for consistent quality and competitive pricing. Furthermore, the European Union recently approved 102 additional Indian fishery units for shipments, boosting export prospects.
Caution remains, however, as exporters noted that the order pipeline from the US is expected to be “completely empty” after January 15, 2026. US tariffs, including countervailing and anti-dumping duties combined with a 50% additional tariff, have increased effective duties on Indian seafood to 59.71%. This puts Indian frozen shrimp at a significant disadvantage compared to competitors like Ecuador and Vietnam.