Seafood Export

India expands seafood markets beyond US amid tariff hike; shrimp up 18%

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

Australia lifts ban on imports of unpeeled Indian prawn: Nara Lokesh

Australia has granted its first import approval for unpeeled Indian prawns, ending a years-long restriction and giving a major boost to India's seafood export sector

EU lists 102 new Indian fishery units for export to member countries

The US is India's largest export destination for seafood, followed by the EU. China, Japan, Vietnam, and Thailand are also major seafood export destinations of India

Fisheries and aqua sector see big boost from UK trade deal, Maldives MoU

India's fisheries and aquaculture sectors are experiencing significant growth following the UK trade deal and a MoU with the Maldives, which will improve seafood exports and enhance infrastructure

At $7.3 billion in FY24, India's seafood exports touched an all-time high

Frozen shrimp remained the leading export item in the Indian seafood basket, generating Rs 40,013.54 crore ($4,881.27 million), while the US emerged as the top market

Centre aims at almost doubling seafood exports to $14 billion by 2025

The Centre is aiming at nearly doubling seafood exports to USD 14 billion by 2025, a Union minister said on Wednesday. Seafood exports are showing a positive trend this fiscal with three per cent growth in volume, she said. "In 2021-22, the (seafood) exports figure was worth USD 7.76 billion, which was 17 per cent of our agriculture shipments. We have a target to achieve USD 14 billion by 2025," Union Minister of State for Commerce and Industry Anupriya Patel said. She was speaking here at the inauguration of the India International Seafood Show 2023. India's commitment towards safe and sustainable seafood production for export will lead the way for enhancing foreign direct investment, thereby contributing to the Make in India' initiative, Patel said. "We are also proceeding in a favourable manner with our Free Trade Agreements (FTAs) with different important-export destinations. "India, today, has become one of the most preferred and one of the very big seafood baskets for the w

Coronavirus keeps seafood exporters in a bind with no fresh orders

Shipments to the US, India's largest market for marine food, are down by over 50% since the outbreak of Covid-19 and the consequent lockdown

Trade conflicts to mar export earnings of seafood companies in 2019: Report

Shrimp prices had plunged below the production cost last year due to a glut in global production and uncertainty in world trade

Seafood exports may hit all-time high of $6 bn on strong volumes: MPEDA

Authority says new initiatives in aquaculture, such as AQF expansion, will be key to achieving $10 billion export goal by 2022

Demand for frozen shrimp, squid spurs export of marine products

Shrimp exports increased by 20.87% in terms of quantity and 21.64% in dollar