Indian seafood exporters feel ‘sinking’

• US President Trump’s 26% tariff on Indian goods will significantly affect Indian seafood exports, which totaled $7.38 billion in 2023-24.
• India, the largest exporter of seafood to the U.S., has a 35% share in the U.S. market.
• Ecuador, India’s closest competitor, has been hit with a 10% tariff.
• India exported 17.81 lakh tonnes of seafood in 2023-24, earning ₹60,523 crore.
• The U.S. is the biggest importer, accounting for 2.97 lakh tonnes worth about $488 million.