December 2, 2025
Higher exports to the EU, China, Vietnam, Russia and the UK helped compensate for the US tariff impact
Exports to the EU rose 40% overall, with shrimp shipments up 57% due to 102 newly listed fishery units
India’s shrimp and prawn exports to the EU fell 14.64% in October
Russia expanded access by listing 29 additional Indian units and conducting inspections through FSVPS
India’s seafood exports rose 11.6% year on year in April to October FY26 to $4.69 billion, up from $4.2 billion a year earlier, according to an analysis by the commerce and industry ministry. The increase was driven by higher shipments to the EU, China, Vietnam, Russia and the UK. An official said the gains in these markets helped offset the shortfall in exports to the US following the imposition of higher tariffs in August 2025.
Exports to the EU grew 40% in value terms. Shrimp exports to the bloc increased 57%, supported by the listing of 102 Indian fishery units approved for export. EU-bound shipments include both marine catch and aquaculture products. Despite this momentum, India’s shrimp and prawn exports to the EU fell 14.64% in October.
The data also showed higher exports to Russia in the first seven months of FY26, following Moscow’s decision to approve 29 new Indian units. Russia’s Federal Service for Veterinary and Phytosanitary Supervision conducted inspections of Indian facilities as part of the process.
The official said India had deliberately moved away from the earlier One Country One Product One Species export pattern. The country is shifting to a diversified, multi-product, multi-species export strategy to reduce dependence on any single market.
Source: Economic Times