THEBUSINESSBYTES BUREAU

BHUBANESWAR, JUNE 1, 2026

India’s seafood exports surged to an all-time high during the financial year 2025–26, reaffirming the country’s growing prominence in the global marine products market. Despite persistent global economic uncertainties and trade challenges, the sector recorded its highest-ever export volume and value, driven by robust demand for Indian seafood across key international markets.

According to P. Jawahar, Chairman of the Marine Products Export Development Authority (MPEDA), India exported a record 19,72,018 metric tonnes (MT) of seafood during FY 2025–26, earning ₹73,890.46 crore, equivalent to US$ 8.46 billion. The achievement highlights the resilience of India’s seafood industry and the sustained efforts of exporters in expanding the country’s global footprint.

Frozen shrimp continued to be the cornerstone of India’s seafood exports, generating ₹49,037.93 crore (US$ 5.62 billion) and contributing 40.19 per cent of the total export volume and an impressive 66.52 per cent of total export earnings in dollar terms. Shrimp exports registered healthy growth of 13.16 per cent in rupee value and 8.64 per cent in dollar value during the year.

India exported 7,92,647 MT of frozen shrimp, with the United States remaining the largest importer at 2,56,128 MT, followed by China with 1,69,505 MT. The European Union, South-East Asia, Japan and the Middle East also emerged as major destinations. Exports of both L. vannamei and Black Tiger shrimp witnessed notable growth in volume and value, reflecting strong international demand.

Frozen fish remained the second-largest export category, earning ₹5,658.37 crore (US$ 643.70 million). Dried seafood products emerged as one of the fastest-growing segments, generating ₹5,079.09 crore (US$ 577.44 million) and recording a remarkable 78.05 per cent increase in value terms, underscoring rising global demand for processed marine products.

Exports of frozen squid touched 1,02,060 MT and earned ₹4,493.80 crore (US$ 513.84 million), while frozen cuttlefish exports showed robust performance with a 13.32 per cent rise in volume and a 16.25 per cent increase in value, reaching US$ 331.96 million. Chilled seafood products generated ₹622.31 crore (US$ 71.27 million), while live seafood exports grew by 11.46 per cent in dollar value to reach US$ 62.43 million.

In terms of export earnings, the United States remained India’s largest seafood market, importing 2,79,193 MT valued at ₹20,263.27 crore (US$ 2.33 billion). However, exports to the U.S. witnessed declines in value and volume compared to the previous year. Frozen shrimp continued to dominate shipments to the American market, accounting for over 93 per cent of export earnings from the country.

China emerged as the largest destination by quantity, importing 4,90,369 MT of Indian seafood valued at US$ 1.61 billion. The European Union retained its position as the third-largest market by value with imports worth US$ 1.59 billion, followed by South-East Asia at US$ 1.35 billion. Japan and the Middle East also remained significant markets for Indian marine products.

The ports of Visakhapatnam, Jawaharlal Nehru Port Trust (JNPT) and Kochi handled the highest volumes of seafood exports during the year, playing a crucial role in supporting the sector’s growth and ensuring seamless access to global markets.

The record-breaking performance of India’s seafood exports in FY 2025–26 reflects the sector’s resilience, enhanced production capabilities, improved quality standards and the growing international appetite for Indian marine products. The achievement further strengthens India’s position as one of the world’s leading seafood-exporting nations and signals strong growth prospects for the industry in the years ahead.