India exports shrimp to non-US markets to seek diversified development.

In the first five months of fiscal year 26, Indian shrimp exports saw robust growth, primarily driven by demand from markets such as Vietnam, Belgium, China, and Russia.

During this period, Indian shrimp exports amounted to 2.43 billion U.S. dollars, a year-on-year increase of 18%, with export volume reaching 348,000 tons, a year-on-year increase of 11%. Among these, the share of exports to non-U.S. regions increased from the previous 51% to 57%, with export value reaching 1.38 billion U.S. dollars, a rise of 30%.

From April to August 2025, the average effective tariff on Indian shrimp exports to the U.S. reached 18%, and after August, the tariff on Indian products surged to nearly 58%, while the tariff levels of competing countries remained in the range of 18%-49% during the same period.

Among non-U.S. markets, China maintained its position as the largest buyer with a 16% increase in imports, and Japan, as a traditional re-export market, saw stable demand. Vietnam's role as a re-export hub significantly increased, with exports doubling to 1.8 billion U.S. dollars, and exports to Belgium doubling to 1.4 billion U.S. dollars.

Due to sustained pressure from the U.S. market and sluggish new orders, the momentum of Indian shrimp exports may slow down in the second half of fiscal year 26, but efforts to open new markets and increased exports to the EU and Russia are expected to support the industry.