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Indian shrimp exporters turn to China after US tariff shock
Mint Mumbai
|September 24, 2025
China, known for its seafood processing and reexport capabilities, is fast emerging as a crucial destination for Indian shrimp after the US raised a prohibitive tariff wall on the South Asian nation’s shipments.
Indian exporters are expanding their reach into other Asian markets as well.
(BLOOMBERG)
US President Donald Trump has levied a 50% tax on Indian shipments, making it difficult for the shrimp exporters to compete with Ecuador, Vietnam and Indonesia. In this backdrop, exporters are increasingly turning to China and also aiming to bolster shipments to markets such Europe, the UAE, Japan and South Korea, industry officials and experts said.
Dit verhaal komt uit de September 24, 2025-editie van Mint Mumbai.
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