Archive · 21 Nov 2025
Indian Shrimp Exporters Diversify Amid US Tariffs
Indian shrimp companies are selling less to the U.S. because of high tariffs.
They are now selling more to China, Vietnam, and Belgium instead.
This change is helping them even though their overall sales might go down a little bit.
Indian shrimp exports to the US fell due to higher tariffs
China, Vietnam, and Belgium increased purchases from India
Non-US markets accounted for 86% of incremental export value in 5M FY26
India's shrimp export performance is expected to moderate by 10-12% due to US tariffs
Diversification into other geographies cushioned the impact of US tariffs
- Who
- Indian shrimp exporters
- What
- diversified exports due to US tariffs
- When
- since early FY26
- Where
- India, US, China, Vietnam, Belgium
- Why
- to mitigate the impact of higher US tariffs
Indian Shrimp Exporters
US Government
US Tariffs
Indian Shrimp Exporters
Hurt Indian shrimp exports to the US
US Government
Imposed as a penalty for India's continued purchase of Russian oil
Diversification
Indian Shrimp Exporters
Helped Indian exporters find new markets
US Government
Forced by US tariffs, but beneficial in the long run
- Growth in shipments to China in 5MFY26
- 16% to $0.37 billion
- Growth in shipments to Vietnam in 5MFY26
- 100% to $0.18 billion
- Expected moderation in India's shrimp export performance
- 10-12% due to US tariff headwinds
