2 weeks ago

EU approves 21 more Indian fishery units for seafood exports

EU approves 21 more Indian fishery units for seafood exports
Marine exports to get a boost as EU gives nod to more units · financialexpress.com

India sells a lot of seafood to other countries.

The European Union, which is a group of countries in Europe, just said yes to 21 more Indian seafood factories.

This means those factories can now send their shrimp and other seafood to Europe.

Now there are 625 Indian seafood factories that can sell to Europe.

Europe is the third biggest buyer of Indian seafood, after China.

India also sells seafood to other places like Vietnam, China, and Russia.

In July 2026, India sold 18% more seafood than the year before.

In the first four months of the new year, India sold $2.88 billion worth of seafood.

Last year, India sold a record $8.43 billion of seafood, even though the United States put high taxes on it.

The United States is India's biggest seafood buyer, but the tax is now only 10%.

India hopes to sell even more seafood to Europe in the future.

Key facts

New EU-approved units
21 additional Indian fishery establishments
Total EU-approved units
625
Units approved in last year
123
EU share of India's exports
Over 15%
July 2026 export growth
18% year-on-year to $0.76 million
April-July FY27 shipments
$2.88 billion, up over 11% year-on-year
FY26 record exports
$8.43 billion, up 14% year-on-year
US tariff on seafood
10% currently, down from 59.7% a year ago

Quotes

Unnamed Leading Exporter

Leading Indian seafood exporter

“There has been a surge in exports of fish meals used as feed and oils due to a spike in global prices while diversification of shipments to the EU, Vietnam, China and Russia has boosted overall shipments.”
financialexpress.com
“The shipment of seafood products to the United States, India’s biggest market, has been stable because of a tariff of only 10%.”
financialexpress.com

Sources

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