Seafood Exporters

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

Seafood sector eyes value addition, new markets amid rising US tariffs

Exports to the US, India's largest seafood market, fell nearly six per cent in April-September 2025, while shipments to China, Vietnam, and Thailand surged, indicating a shift towards Asian markets, Dr Ram Mohan, director of Marine Products Export Development Authority, said. He said this at an industry meet held on the sidelines of the fourth International Symposium on Marine Ecosystems (MECOS 4) at the ICAR-Central Marine Fisheries Research Institute (CMFRI), according to a press release issued on Wednesday. The meeting, coordinated by Dr Joe K Kizhakudan, said that India's seafood export sector is facing a major setback following the recent US tariff. Industry leaders and policymakers called for urgent market diversification, enhanced value addition, and technology-driven innovation to sustain the country's seafood trade. "Combined with anti-dumping and countervailing duties, the effective tariff now stands at 58.26 per cent, severely denting India's competitiveness in its top .

Seafood exports to get boost as EU approves 102 new fishery establishments

The European Union (EU) has approved 102 additional fishery establishments for the export of India's marine products to EU member countries, the Marine Products Export Development Authority (MPEDA) announced on Thursday. MPEDA considers it as a major development that would help the country's seafood sector make deeper inroads in European markets and help cushion the impact of US tariffs. With this, the number of EU-approved Indian seafood export units has increased to 604--marking an enormous step forward in enhancing India's presence in the highly lucrative European seafood market. This landmark achievement came after a string of parleys Commerce Minister Piyush Goyal and his senior ministry officials held with their EU counterparts, aimed at bolstering confidence in India's robust seafood control mechanisms, MPEDA said. MPEDA and the Export Inspection Council (EIC) also played a crucial role in this deal through their sustained and coordinated efforts in strengthening food safety

'India aims to increase seafood exports to Rs 1 trillion in next 2 years'

Indian shrimp exporters follow a robust regulatory and safety regime, as it helps them to ship quality marine products to developed regions like the US and Europe, a senior government official said on Wednesday. India is aiming to increase seafood exports to Rs one lakh crore in the next two years by increasing its processing capacity and shifting to higher value-added products, the official added. Debunking certain reports of poor working conditions and safety standards, the official said India's 548 seafood units are regularly inspected and monitored by various government agencies. "These units follow world-class quality and standards, and the major export destinations are developed nations," the commerce ministry official said. Some reports that are alleging food safety and bad labour conditions in the Indian shrimp industry are wrong and baseless, the official noted. All units are registered with MPEDA (Marine Products Export Development Authority) and FSSAI (Food Safety and .

Kolkata port looking to increase business with Odisha seafood exporters

The Kolkata port is looking to tap into seafood export opportunities from Odisha in a bid to increase the business volume from the region. The port, formally known as the Syama Prasad Mookerjee Port, held a meeting with the stakeholders of the seafood export sector in Bhubaneswar on Wednesday regarding business prospects and issues faced by them. The officials wanted to get feedback regarding how the port could provide more facilities and improve the services to meet their needs and do better business. "We want to listen to your problems so that we can improve on them," Kolkata port chairperson Vinit Kumar told the exporters at the meet. The port is focusing on how to increase the partnership and develop a very good relationship with the seafood exporters of the region. "We'll try to fulfill your expectations so that both of us can benefit through the valuable partnership, good service and lowering cost," Kumar said. He pointed out that a lot of modernisation and investment in ..

Seafood industry to recover in FY22 on strong demand: CRISIL SME Tracker

Domestic appetite for seafood waned as the pandemic-induced lockdown weakened demand from hotels, restaurants and cafes

China suspends imports from Ecuadorian firm as Covid-19 found on packaging

China suspended imports from FIREXPA S.A., an Ecuadorian seafood product manufacturer after the novel coronavirus was found on the packaging of a batch of imported frozen fish

UK to not impose any new tariffs on Indian seafood exporters after Brexit

UK intends to retain the same GSP tariff preference for shrimps from India

Exporters gear up to comply with SIMP regulations on shrimp by US

SIMP will be enforced on Indian shrimp exports to USA from January 1, 2019 and this has unnerved the exporters

'EU shouldn't ban or blacklist seafood exporters over consignment issues'

EU increased sample size from 10% to 50% for testing seafood consignments from India unfair but kept the same at 10% for other exporting countries

US suspicions worry Indian seafood exporters

New trouble is brewing for Indian seafood export, valued at $4.7 billion annually, with the US taking 30 per cent of this.American Shrimp Processors Association (Aspa) has named India, along with Indonesia, Thailand, Vietnam, Mexico, China, and Malaysia, as seven of the 13 countries with which the US ran a significant overall shrimp trade deficit in 2016. The US trade deficit in shrimp was nearly $4.5 bn in 2016.An 'Omnibus Report' has been called for by the US administration. It is to analyse the effects of the trade relationship on US employment and wage growth, and identification of import and trade practices that might be impairing the country's security."For decades, our shrimp industry has faced surging import of farm-raised shrimp produced overseas. As a result, the US trade deficit in shrimp is substantial and growing," says David Veal, executive director of Aspa. He has testified at public hearings there to address this situation. Aspa says the deficit of $3.4 bn with these ..

Seafood exporters hit hard with rupee rising against dollar

The hardening of Rupee against Dollar has hit the seafood exporters in the country hard as the exports fetch less realisation compared to earlier.The Indian exporters send out $4.7 billion worth of seafood merchandise annually and at the present exchange rate, they are incurring losses on each consignment they ship. Since the beginning of 2017, the domestic currency has appreciated more than five per cent against the dollar."The net realization has come down. It will proportionately impact the raw material prices. We are incurring losses", said Tara Patnaik, chairman of Falcon Marine Exports Ltd, country's largest exporter of seafood.However, the off season has come as respite to the exporters."Now it is off season. We expect the raw material prices to go down which may absorb the losses", he added.Exporters said, due to the off season, the importers are in no mood to increase the prices of the marine products. The loss out of existing orders will be absorbed only when the raw ...