Our Fisheries Exports Have Risen From Rs 60,000 Cr to Rs 68,000 Cr After US Tariffs: MoS Baghel

Our Fisheries Exports Have Risen From Rs 60,000 Cr to Rs 68,000 Cr After US Tariffs: MoS Baghel

The Economic Times (India) – Economy
The Economic Times (India) – EconomyApr 11, 2026

Why It Matters

The rapid export expansion demonstrates India’s ability to pivot trade routes under geopolitical pressure, bolstering foreign‑exchange earnings and supporting coastal economies. Achieving the $12 billion target could position India among the world’s top fisheries exporters.

Key Takeaways

  • Fisheries exports grew 25% to Rs 68,000 cr (~$8.2 bn).
  • US tariffs prompted India to diversify into Europe, Latin America, Middle East.
  • Goal: Rs 1 lakh cr (~$12 bn) in exports within five years.
  • Key export hubs: Andhra Pradesh, Tamil Nadu, Odisha, Lakshadweep, Andaman.
  • Ministry officials actively scouting new markets for marine and inland species.

Pulse Analysis

The United States’ recent tariff measures on seafood created a shockwave through global supply chains, prompting exporters worldwide to reassess market strategies. India, already a major producer of shrimp, tuna and other marine products, leveraged the disruption by accelerating outreach to alternative destinations. By tapping Europe’s premium markets, Latin America’s growing demand for protein, and the Middle East’s appetite for high‑value seafood, Indian exporters offset potential losses and recorded a 25% jump in export value, now standing at roughly $8.2 billion.

Domestically, the surge is anchored by a cluster of coastal states that together account for the bulk of production. Andhra Pradesh and Tamil Nadu dominate shrimp farming, while Odisha and the island territories of Lakshadweep and the Andaman and Nicobar archipelago contribute both marine and inland catches. Government officials have intensified trade missions, offering logistical support and facilitating certifications that meet stringent foreign standards. The five‑year ambition to hit $12 billion in export revenues reflects not only a revenue goal but also a broader agenda to modernize cold‑chain infrastructure, improve sustainability practices, and attract private investment into aquaculture.

Looking ahead, India’s fisheries sector faces both opportunities and challenges. Continued diversification will be essential as trade policies evolve and climate variability impacts fish stocks. Policy makers must balance export growth with resource stewardship, ensuring that expansion does not compromise marine ecosystems. If the government sustains its market‑development push and invests in technology, the sector could solidify its place among the top global seafood exporters, delivering lasting economic benefits to coastal communities and strengthening India’s trade balance.

Our fisheries exports have risen from Rs 60,000 cr to Rs 68,000 cr after US tariffs: MoS Baghel

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