Even before the increased US tariffs hit Indian exports, India’s seafood exports have flatlined since 2023-24, said the commerce ministry on Saturday.
In volume terms, India’s shipments of seafood dipped from 17,81,602 tonne in 2023-24 to 16,98,170 tonne last fiscal year.
The country's seafood exports also remained flat at USD 7.45 billion during 2024-25, the ministry said.
“India shipped 16,98,170 tonne of seafood worth ₹62,408.45 crore (USD 7.45 billion) during 2024-25,” quoted a statement by the ministry.
Among the seafoods, frozen shrimp remained the major exported item in terms of quantity and value both, while the US and China turned out to be the major importers of India's seafood.
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The exports stood at USD 5.17 billion, accounting for a share of 43.67 per cent in quantity and 69.46 per cent of the total dollar earnings.
Frozen fish, the second largest exported item, fetched USD 622.60 million. It was followed by frozen squid (USD 367.68 million).
The ministry said that the US continued to be the major importer of Indian seafood in value terms with an import worth USD 2.71 billion as against USD 2.55 billion in 2023-24.
India exported seafood worth USD 1.27 billion to China, USD 1.12 billion to the European Union, USD 974.99 million to South East Asia, USD 411.55 million to Japan, and USD 278.31 million to the Middle East.
The top two ports which handled seafood cargo were Vizag and JNPT (Jawaharlal Nehru Port) near Mumbai, Maharashtra.
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