India continues to be top shrimp exporter to US for the fourth year

India is expected to benefit from the sanction imposed by US on China coupled with increasing import of value-added shrimp by US, leading to a growth of about seven to 10 per cent per annum in CY 2019

Weak production dynamics in key shrimp-producing nations has helped India to remain the largest exporter to United States of America (USA) for four years on the trot. The major producing economies which India has piped are Indonesia, Thailand and Ecuador. US is the largest market for India.

Indian shrimp exports to US has witnessed a robust compounded annual growth rate (CAGR) of 25.2 per cent between the calendar year 2014 and 2017, outpacing USA’s shrimp demand CAGR growth of 7.1 per cent during the same period.

The consistent performance of India in exporting shrimps to US is driven by the strong uptick in