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Exports of marine & meat products up 15% in Apr-Feb

Financial Express Pune

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March 18, 2026

Rice shipments fall due to conflict in West Asia

- SANDIP DAS

DESPITE BEING HIT by high US tariffs, India's marine exports increased 15% year-on-year to $7.75 billion in April-February, thanks to a surge in shipments to several new markets such as Europe and Southeast Asia, according to the commerce ministry.

In February 2026, India exported marine products valued at $0.57 billion, an increase of 13% compared to a year ago.

While the US remains the largest market, tariffs imposed last year had hit marine products exports.

Earlier, trade officials had feared that seafood exports would suffer as effective duties imposed by the US increased to 59.71% which includes countervailing (5.76%) and anti-dumping duties (3.96%) along with a 50% tariff announced for India by US President Donald Trump.

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