India’s Seafood Exports Hit Record Rs 72,325 Crore in FY 2025–26

Why It Matters

The record export performance strengthens India’s position as a global seafood supplier and diversifies its market exposure, mitigating trade‑related risks. Continued growth in high‑value shrimp and emerging markets signals robust sector momentum and potential for further investment.

Key Takeaways

• Seafood exports hit Rs 72,325.82 crore (≈$8.28 bn) FY 2025‑26.
• Shrimp accounts for two‑thirds of export value, up 6.35%.
• US shipments fall 19.8% volume, 14.5% value due to tariffs.
• China, EU, SE Asia boost growth, offset US decline.
• Five ports handle 64% of export value, key logistics hubs.

Pulse Analysis

India’s seafood industry has accelerated its ascent on the world stage, with FY 2025‑26 exports climbing to Rs 72,325.82 crore (about $8.28 billion), a new high for the sector. The surge reflects a combination of expanding aquaculture capacity, improved cold‑chain technology, and aggressive branding of Indian shrimp, which alone generated Rs 47,973.13 crore (≈$5.51 bn) and now represents more than two‑thirds of total earnings. Analysts attribute the momentum to sustained domestic investment, favorable monsoon patterns that boost wild catch, and a growing global appetite for protein‑rich, sustainably sourced seafood.

Tariff tensions with the United States have exposed the vulnerability of relying on a single dominant market; U.S. shipments dropped 19.8 % in volume and 14.5 % in value. In response, Indian exporters have accelerated diversification, achieving double‑digit growth in China (22.7 % value), the European Union (37.9 % value) and Southeast Asian economies (over 36 % value). This shift not only cushions earnings against policy shocks but also aligns with broader trade strategies that emphasize multi‑regional supply chains, enhancing resilience and opening avenues for higher‑margin niche products.

Logistics remain a critical lever for sustaining export growth. Five ports—Vizag, JNPT, Kochi, Kolkata and Chennai—account for roughly 64 % of export value, highlighting the strategic importance of port modernization and hinterland connectivity. The government’s recent Rs 39,272 crore (≈$5.1 bn) investment in fisheries infrastructure is expected to upgrade cold‑storage facilities and streamline customs procedures, further reducing lead times. With demand projected to rise in emerging markets, continued capital infusion and policy support could propel India’s seafood exports beyond the $10 billion threshold within the next two years.