India's seafood sector diversifies beyond US amid rising tariffs

India's seafood sector diversifies beyond US amid rising tariffs

India's seafood sector is reducing its reliance on the US as rising tariffs push exporters toward diversified markets. Shrimp exports grew 18% in value and 11% in volume in 5MFY26, driven mainly by Vietnam, China, Belgium and Russia. Non-US markets now form 57% of shrimp exports, helping offset steep US tariffs and supporting long-term market expansion.

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