India is reducing its dependence on the US for seafood exports after higher tariffs; shrimp exports grew 18% in the first five months of FY26, supported mainly by strong demand in non-US markets
The US food sector is pressing the Trump administration for relief as new tariffs on imports like seafood, fruits, and vegetables risk pushing up consumer prices
State has India's second-longest coastline but is seventh among seafood-exporting states
India's seafood exporters are preparing to ship 35,000-40,000 tonnes of shrimp to the United States with orders remaining stable after US President Donald Trump paused a planned 26 per cent reciprocal tariff, reducing the duty to 10 per cent, industry officials said on Monday. "There is a lot of relief now as we are at par with other exporters to the US. Now the shipments that were held back will be processed," Seafood Exporters Association of India Secretary General K N Raghavan told PTI. About 2,000 containers of shrimp that had been delayed are now being readied for export following Trump's April 9 decision to pause the higher tariffs just one week after announcing them on April 2, he said. The temporary reprieve maintains a 10 per cent blanket tariff on all countries except China, which faces a 145 per cent duty. Currently, Indian shrimp exports to the US face an effective customs duty of 17.7 per cent, including 5.7 per cent in countervailing duties and 1.8 per cent in ...
Union Minister Rajiv Ranjan Singh on Wednesday said the government is focusing on increasing annual seafood exports to Rs 1 lakh crore from around Rs 60,000 crore last fiscal and will also take measures to strengthen the foundation of the fishery sector over the next five years. Singh, who is Union Minister for Fisheries, Animal Husbandry & Dairying, was addressing an event to mark the 4th Anniversary of Pradhan Mantri Matsya Sampada Yojna (PMMSY) here. He also launched Pradhan Mantri Matsya Kisan Samridhi Sah-Yojna, and released the standard operating procedure on production & processing clusters in the fisheries sector. The minister noted that the fishery sector, which provides livelihood for more than 3 crore fishers and fish farmers, did not get due attention since independence. However, Singh said the Prime Minister Narendra Modi-led government has taken various decisions since 2014 for the growth of this important sector, including the launch of the PMSSY scheme with an .
Once dogged by diseases, the shrimp sector saw a turnaround post-2009
The ASPA welcomed the extension of the anti-dumping orders
In a setback to $4.7 billion Indian seafood exports sector, the United States International Trade Commission (USITC) has unanimously voted to extend the anti-dumping orders on imports of frozen warm water shrimp for five more years. The United States is the largest market for Indian exporters.As a result of the Commission's determinations, the existing anti-dumping duty orders on imports of the perishable product from China, Thailand, and Vietnam will also remain in place."The USITC determined that revoking the existing anti-dumping duty orders on imports of frozen warm water shrimp from China, India, Thailand, and Vietnam would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time", stated an official statement of the commission.This action is part of the sunset review process mandated by the Uruguay Round Agreements Act. The Act requires the Department of Commerce (DoC) to revoke an anti-dumping or countervailing duty order, or ...