India’s seafood exports reached a record ₹72,325.82 crore (US$ 8.28 billion) in FY 2025-26, with volumes touching 19.32 lakh metric tonnes, according to provisional data released by MPEDA (Marine Products Export Development Authority).
Primary Growth Driver: Frozen Shrimp
- Frozen shrimp remained the dominant export product, contributing ₹47,973.13 crore (US$ 5.51 billion)- accounting for over two-thirds of total export earnings.
- Shrimp shipments grew 6% in volume and 6.35% in value, reinforcing its dominance in India’s marine products export basket.
Destination-wise Performance
- United States retained its position as the largest export destination at US$ 2.32 billion, but shipments declined by 8% in volume and 14.5% in value primarily due to impact of reciprocal tariffs.
- This decline was offset by strong growth in alternative markets. China (2nd largest destination) rose 22.7% in value and 20.1% in volume.
- The European Union posted strong gains of 37.9% in value and 35.2% in volume. Southeast Asia grew over 36.1% in value and 28.2% in volume.
- Japan grew 6.55% by value. West Asia showed a marginal decline of 0.55% due to regional turmoil in the final months of the financial year.
Product & Logistics Highlights
- Frozen fish, squid, cuttlefish, dried items, live products, surimi, fishmeal, and fish oil showed positive momentum, while chilled products declined.
- The top five ports: Vizag, JNPT, Kochi, Kolkata, and Chennai, accounted for nearly 64% of total export value.