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India seafood exports to US plunge as reciprocal tariffs bite exports overall still hit records

Economy
Published on 24 April 2026
India seafood exports to US plunge as reciprocal tariffs bite exports overall still hit records

US drop is steep but global exports still surge

India’s seafood exports to the US dropped sharply in FY26, with volume down 19.8% and value down 14.5%, blamed on reciprocal tariffs. Even so, India’s overall seafood exports reached a record $8.28 billion as demand grew in China, the EU, and Southeast Asia, helping offset the US decline.

  • US-bound seafood exports fell 19.8% by volume in FY26
  • Value of exports to the US dropped 14.5% amid reciprocal tariffs
  • Overall seafood exports hit a record $8.28 billion
  • China, EU and Southeast Asia growth cushioned the US setback
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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