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 .
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
If goods are imported into India after exportation therefrom, such goods shall be liable to duty and be subject to all the conditions and restrictions
Japan criticised Russia's announcement that it's joining China in banning the imports of Japanese seafood in response to the release of treated radioactive wastewater from the wrecked Fukushima nuclear power plant. Russia said it will start implementing import restrictions on Japanese seafood on Monday, nearly two months after the tsunami-wrecked Fukushima Daiichi nuclear power plant started releasing treated and diluted radioactive wastewater into the ocean. The wastewater discharges, which are expected to continue for decades, have been strongly opposed by fishing groups and neighbouring countries including South Korea, where hundreds of people have protested. China immediately banned all imports of Japanese seafood the day the release began in August, badly hurting Japanese seafood producers and exporters. The Japanese Foreign Ministry said its senior officials notified the Russian Embassy in Tokyo that Japan has been providing transparent and scientific explanations about safety
Chinese customs authorities banned seafood from Japan in response to the tsunami-wrecked Fukushima Daiichi nuclear power plant starting its wastewater release Thursday, customs authorities said in an announcement. The ban starts immediately and will affect all imports of aquatic products including seafood, according to the notice. Authorities said they will dynamically adjust relevant regulatory measures as appropriate to prevent the risks of nuclear-contaminated water discharge to the health and food safety of our country.
S Korea's current ban on imports of seafood from Japan's Fukushima area will remain in place regardless of Tokyo's planned release of contaminated water from its crippled Fukushima nuclear power plant
China has lifted the suspension of shipments from 99 Indian seafood processing and exporting units following India's assurances over source control, a move which would boost marine products exports to the neighbouring country, an MPEDA official said on Thursday. China had suspended a total of 110 units since December 2020 over Covid concerns, but the sustained efforts by the seafood export development body -- Marine Products Export Development Authority (MPEDA), were crucial to India's eventual success in getting lifted China's suspension order, according to top officials. Centre had projected to nearly double the seafood exports to USD 14 billion by 2025. "The lift on the suspension of the 99 seafood processing units was done on February 14 and is expected to raise India's export of marine products by 5 per cent to 10 per cent in the next financial year. The suspension of 11 units was revoked earlier, MPEDA chairman D V Swamy said. Non-conformity with the trade norm requirements o
MPEDA has opened a quality control laboratory here to facilitate tests for seafood processors and exporters to confirm to product safety as per international regulatory requirements
CRISIL Research expects the industry to grow 5-7 per cent year-on-year, compared with 6-7 per cent in the last fiscal year
The aim is to create a shared understanding of the current situation and to develop a strategy to limit the use of antibiotics in the Indian shrimp sector