India’s Seafood Exports Hold Steady at $7.45 Billion in FY2024-25

India’s Seafood Exports Hold Steady at $7.45 Billion in FY2024-25

India earned USD 7.45 billion from seafood exports in FY2024-25, slightly up from USD 7.38 billion the previous year. However, export volumes fell to 16.98 lakh tonnes from 17.81 lakh tonnes, reflecting weaker global demand and supply chain issues.

????Frozen Shrimp Dominates

Contributed USD 5.17 billion

Made up 44% of total volume and 69% of total earnings

U.S. and China are the biggest buyers

????Other Key Exports

Frozen fish: USD 622.6 million

Frozen squid: USD 367.7 million

????Top Markets

U.S.: USD 2.71 billion

China: USD 1.27 billion

EU: USD 1.12 billion

Southeast Asia: USD 975 million

Japan: USD 412 million

Middle East: USD 278 million

????Export Hubs

Major ports: Visakhapatnam and JNPT

????Challenges

Lower shipment volumes despite stable earnings

Rising food safety compliance costs

Global freight/logistics issues

Climate impact on harvests

????Outlook

India is focusing on quality, certification, diversification, and cold chain upgrades to sustain exports amid global uncertainties.

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