The Voice of Andaman and Nicobar Islands
The Voice of Andaman and Nicobar Islands
/ month
placeholder text
Follow Us
placeholder text

India’s Seafood Sector Faces Strain After US Tariff Hike, Experts Urge Reforms

Date:

India’s seafood export industry is preparing for a potential downturn following a sharp increase in US tariffs, prompting calls for market diversification, innovation, and value-added product development to sustain export growth.

The concern dominated discussions at an industry meet held alongside the fourth International Symposium on Marine Ecosystems (MECOS 4) at the ICAR-Central Marine Fisheries Research Institute (CMFRI) on Wednesday.

Marine Products Export Development Authority (MPEDA) Director Dr. Ram Mohan revealed that India’s seafood exports to the United States — the country’s largest market — fell by nearly 6 percent between April and September 2025. Meanwhile, shipments to China, Vietnam, and Thailand recorded notable growth, signaling a gradual shift toward Asian markets.

“Combined with anti-dumping and countervailing duties, the effective tariff now stands at 58.26 percent, which has significantly eroded India’s competitiveness in its top export destination,” said Dr. Mohan.

Highlighting the way forward, Dr. George Ninan, Director of the ICAR-Central Institute of Fisheries Technology (CIFT), emphasized that technology-led innovation and a stronger startup ecosystem connecting researchers, technologists, and industry stakeholders are crucial for the industry’s long-term resilience.

The meeting recommended expanding the production of high-value, value-added seafood products such as breaded squid rings, surimi, and ready-to-eat fillets to enhance profitability. Currently, India’s value-added seafood exports amount to $742 million, significantly lower than competitors such as China, Thailand, Vietnam, Ecuador, and Indonesia.

Industry representatives also called for the creation of exclusive aquaculture zones and the fast-tracking of Free Trade Agreements (FTAs) to restore India’s competitiveness in global seafood markets.

“The US has long been India’s largest shrimp market, but the new tariff regime, combined with sustainability and traceability concerns, has disrupted trade flows and affected export revenues,” said A.J. Tharakan of the Seafood Exporters Association of India.

CMFRI Director Dr. Grinson George stated that feedback and concerns gathered from stakeholders, including exporters, fish farmers, and feed manufacturers, would be compiled into a comprehensive policy roadmap emerging from the MECOS 4 deliberations.

The session, which focused on sustaining India’s seafood export ecosystem through policy and technological innovation, was coordinated by Dr. Joe K. Kizhakudan.

Popular

More like this
Related

Washington Judge Orders Donald Trump Name Removed From Kennedy Center

Federal judge rules Trump name addition to Kennedy Center was unlawful, orders removal and blocks planned closure of venue.

AATO Seeks Fuel-On-Wheels Service to Ease Tourism Operations in Andaman

AATO urges fuel-on-wheels service, extended fuel station hours and reserved fuel stocks to support tourism operations in Andaman Islands.

Chennai Minister P. Venkataramanan Calls for Action Against Tobacco and PDS Violations

Tamil Nadu Minister P. Venkataramanan calls for public vigilance against tobacco addiction and ration shop irregularities, warning of strict action against PDS misuse.

Vice Admiral Ajay Kochhar Takes Over as Vice Chief of Indian Navy

Vice Admiral Ajay Kochhar assumes charge as the 48th Vice Chief of Naval Staff after serving as Commander-in-Chief of Andaman and Nicobar Command.

Stay updated with the latest Andaman News, Port Blair News, and breaking developments from across the Andaman and Nicobar Islands. The Wave Andaman delivers real-time coverage of local developments, crime, government updates, tourism, environment, and infrastructure across South Andaman, North Andaman, and Nicobar regions, keeping you informed on the stories shaping communities across the islands.