Indian Seafood Exporters Impacte by US Tariffs, Seek Opportunities in EU and Asian Markets

Indian seafood exporters are facing significant challenges due to the impact of increased tariffs in the United States. This has led them to seek new opportunities in markets such as the European Union, Egypt, and other regions. The EU’s approval of more fishery units for export has provided some relief, but India’s exports to the US are still projected to decline by 15-18%. The shifting focus towards the EU and Asian markets highlights the exporters’ proactive approach to diversifying their customer base and reducing dependency on a single market.