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India’s Seafood Exports Hit Record ₹73,890 Crore in FY 2025‑26 – Shrimp Leads, US & China Top Markets
India’s seafood exports hit a record ₹73,890 crore in FY 2025‑26, driven chiefly by frozen shrimp. The United States and China remained the top buyers, while exports of frozen fish, dried products and squid also rose, underscoring the sector’s growing contribution to India’s trade balance.
Overview The Ministry of Commerce & Industry reported that India’s seafood exports reached an all‑time high of ₹73,890.46 crore (≈ USD 8.46 billion) in FY 2025‑26 . The surge was driven mainly by frozen shrimp, while the United States and China remained the largest buyers. Key Developments Frozen shrimp generated ₹49,037.93 crore , accounting for 66.5 % of export earnings. Export volume of frozen shrimp rose to 7,92,647 MT , a 13.16 % increase in rupee terms. The United States imported 2,56,128 MT of frozen shrimp, followed by China with 1,69,505 MT . Frozen fish contributed ₹5,658.37 crore , dried seafood ₹5,079.09 crore , and frozen squid ₹4,493.80 crore . Exports of chilled products earned ₹622.31 crore , while live‑product exports grew 11.46 % in dollar value. Important Facts Total seafood export volume: 19,72,018 MT . Top five destination markets by value: US (₹20,263.27 crore), China (USD 1,611.32 million), European Union (USD 1,592.09 million), Southeast Asia (USD 1,348.97 million), Japan (USD 452.91 million). EU, Southeast Asia and Middle East together accounted for over 30 % of export value. Visakhapatnam (Vizag), Jawaharlal Nehru Port Trust (JNPT) and Kochi were the three busiest export ports. UPSC Relevance These figures illustrate the importance of marine exports to India’s trade balance, a topic covered under GS 3 – Economy . Understanding the role of bodies such as the MPEDA helps answer questions on export promotion mechanisms. The shift in market share between the US and China also ties into geopolitics and bilateral trade relations, relevant for GS 2 – International Relations . Way Forward Policy makers should focus on diversifying markets beyond the US and China to reduce concentration risk. Enhancing cold‑chain infrastructure at ports like Visakhapatnam can sustain growth. Continued support to small‑scale fishers and investment in sustainable aquaculture will ensure long‑term export resilience.
Quick Reference
Key Insight
Record seafood exports boost trade balance; UPSC must link shrimp surge to policy and market diversification.
Key Facts
- India’s seafood export value hit a record ₹73,890.46 crore (≈ USD 8.46 billion) in FY 2025‑26.
- Frozen shrimp contributed ₹49,037.93 crore, i.e., 66.5 % of total seafood earnings.
- Frozen shrimp export volume rose to 792,647 MT, with the US buying 256,128 MT and China 169,505 MT.
- Total seafood export volume was 1,972,018 MT, led by frozen shrimp, frozen fish, dried seafood and frozen squid.
- Top five destination markets by value: US (₹20,263.27 crore), China (USD 1,611.32 million), EU (USD 1,592.09 million), Southeast Asia (USD 1,348.97 million), Japan (USD 452.91 million).
- Visakhapatnam, Jawaharlal Nehru Port Trust (JNPT) and Kochi were the three busiest export ports.
- Marine Products Export Development Authority (MPEDA) and Ministry of Commerce & Industry drive policy support for marine exports.
Background
Seafood exports are a high‑value component of India’s trade balance. The surge, led by frozen shrimp, reflects successful export‑promotion policies of MPEDA and growing global demand, especially from the US and China. It also raises issues of market concentration, cold‑chain infrastructure and sustainable aquaculture.
UPSC Syllabus
- Essay — Economy, Development and Inequality
Mains Angle
GS 3 – Economy: Discuss the impact of record seafood exports on India’s trade balance and the policy measures needed to diversify markets and strengthen cold‑chain logistics.