Shrimp exports to US drop 75% in Sept

INDIA'S EXPORTS OF marine products to the US, the singlelargest export destination, fell sharply with imposition of tariff with exporters projecting 75% year-on-year fall in shipments in September.

- SANDIP DAS

While data of country-specific exports for September are yet to be officially available, decline in marine products exports to the US, which had 35% share, is expected to pull down overall shipment in FY26, exporters said.

“Shrimp exports are expected to fall in the second half of the current fiscal, after the US imposed effective duties of close to 60% on India’s shipment from August 27,’ Ajay Srivastava, cofounder, GTRI, said.

According to GTRI, during April-August 2025-26,exports of fish, crustaceans etc. rose to $2.7 billion, an increase of over 15% on year while shipment to the US rose by only 2.7% to $859 million indicating slowdown in exports due to tariff.