The United States remains India’s largest seafood export destination, contributing nearly one-third of the country’s total marine export earnings.
India’s seafood exporters are in rough waters right now. Exports to the U.S.—their biggest customer—dropped almost 6% between April and September 2025, thanks to a steep jump in U.S. tariffs. This hit has everyone in the business on edge. Exporters, government officials, and experts are all sounding the alarm, pushing hard for India to branch out into new markets, focus on higher-value products, and ramp up innovation if the industry’s going to keep growing.
This problem dominated conversations at the Industry Meet held during the Fourth International Symposium on Marine Ecosystems (MECOS 4) in Kochi, hosted by ICAR–Central Marine Fisheries Research Institute (CMFRI). People at the event made it clear—India’s seafood sector leans heavily on U.S. buyers, and now it’s staring down one of its toughest periods in recent memory.
In U.S. Tariffs Shake India’s Top Export Market
India shipped out 1,698,170 tonnes of seafood in 2024–25, pulling in ₹62,408.45 crore, or about $7.45 billion, if you’re counting in dollars. The U.S. alone bought $2.71 billion worth—so, roughly a third of everything India sent out. China was next at $1.27 billion, then the European Union at $1.12 billion, and Southeast Asia followed with $974.99 million.
But now, new U.S. tariffs have really shaken things up. The Americans slapped on a 5.76% countervailing duty and a 3.96% anti-dumping duty, which—when you add it all up—pushes the total duty close to 60%. That’s a huge leap from the old average of just 10%. Because of this, Indian seafood—especially shrimp and processed products—just can’t compete in the U.S. like it used to.
“Add up the anti-dumping and countervailing duties and you get an effective tariff of 58.26%,” said Ram Mohan, Director of the Marine Products Export Development Authority. “This really hurts India’s edge in our biggest export market.”
A Strategic Shift Toward Asian Markets
Even though things haven’t gone so well in the U.S., Indian seafood exporters are seeing real growth in places like China, Vietnam, and Thailand. It’s a clear sign that trade is slowly shifting toward Asia. Expanding into these markets isn’t just a bonus — it’s become essential, especially now with all the changes in global trade rules and new tariffs popping up.
The Indian government is pushing hard too. Back in August, Fisheries Minister Rajiv Ranjan Singh Lalan talked up the huge opportunities for Indian seafood in Europe, Russia, and the Middle East. He’s urging exporters to cast a wider net and really go after these new markets.
Driving Innovation and Value Addition
India’s habit of shipping out raw seafood in bulk has left the industry open to wild swings in the global market. If India wants to toughen up, it’s time to stop leaning so hard on basic exports and start focusing on value-added products—think breaded squid rings, surimi snacks, ready-to-eat fish fillets, and frozen meals that actually match what people want overseas.
Dr. George Ninan, who heads up the ICAR–Central Institute of Fisheries Technology, put it plainly: “We need an ecosystem where startups, researchers, tech experts, industry folks, and policymakers all work together. That’s the only way we’ll see real innovation and add value in a sustainable way.”
Right now, India’s value-added seafood exports are stuck at around $742 million—a tiny number compared to countries like China, Thailand, Vietnam, Ecuador, and Indonesia. Those countries have pulled ahead by investing big in processing tech and branding.
Calls for Policy Support and Free Trade Acceleration
At the recent MECOS 4 conference, industry leaders got straight to the point. They pressed for exclusive aquaculture zones, better traceability systems, and a push to seal more Free Trade Agreements. Modern processing hubs, reliable cold storage, and digital tools to track every step of the supply chain—these aren’t just nice to have; they’re essential if India wants to compete.
“The U.S. has always been our number one buyer for shrimp—that’s the backbone of our exports. But with these new tariffs, plus extra rules about sustainability and compliance, trade’s taken a hit and so have our earnings,” said A.J. Tharakan, President of the Seafood Exporters Association of India.
The Road Ahead: Building Resilience Through Diversification
Looking ahead, the U.S. will stay important, but this crisis is a wake-up call. India’s seafood industry needs to branch out, chase new markets in Asia and Europe, and build products that are high-value, traceable, and truly sustainable.
If India leans into tech-driven aquaculture, starts thinking about value from the get-go, and puts eco-friendly processing at the core, it won’t just weather the current storm—it’ll set itself up as a global leader in sustainable seafood.
Key Takeaway: India’s seafood industry is at a crossroads. The U.S. tariff hike exposed just how risky it is to rely on one market, but it also opened the door to something better. Now’s the time to innovate, diversify, and build a competitive, forward-looking sector that’s all about sustainability and smart tech.