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India's export of marine products up despite US tariffs
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Thursday, 11 December, 2025, 08 : 00 AM [IST]
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Ashwani Maindola, New Delhi
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The export of marine products from India has witnessed growth despite the US tariff imposition on India origin export items. As per the Ministry of Commerce & Industry, India’s export of marine products to the world has grown in the periods April-October and September-October, 2025 when compared to the same periods last year.
India exported US$4.20 billion worth marine products during April -Oct 2024, which rose to 4.87 billion US$ worth marine products during April-Oct 2025 period. Similarly, during Sept-Oct 2024, India exported 1.44 billion US$ worth marine products, which rose to 1.68 billion US$ worth marine products during Sept-Oct 2025.
Also, the Government has explored markets of other countries to compensate and as a result the number of listed fishery establishments for export to the EU and Russia have increased recently.
The Commerce Ministry has said that the Government remains engaged with all stakeholders to assess the evolving impact of the U.S. tariff measures.
"The Government continues to work to mitigate the impact of the US tariff measures on Indian exports through a comprehensive multi-pronged strategy encompassing intensive engagement with the US Government for a mutually beneficial India-US Bilateral Trade Agreement, immediate relief through trade relief measures of RBI, Credit Guarantee Scheme for Exporters, enhancement of domestic demand through next generation GST reforms, Export Promotion measures such as the new Export Promotion Mission, which provide support and assistance to our exporters, pursuing FTAs with new countries and better utilisation of existing FTA," a statement by the Commerce Ministry reads.
Further, through the Pradhan Mantri Matsya Sampada Yojana, projects with a total outlay of Rs. 21274.13 crore have been approved for the development of fisheries and aquaculture in the country. This has contributed to India's exports in this sector more than doubling from Rs 30,213 crore in 2013-14 to Rs 62,408 crore in 2024-25, with the share of value-added products rising from 2% to 11%.
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