Fish Export From India 2026 Market Overview & Trends

India's export value reached a five-year peak in 2022 at $7.70 billion, followed by a decline to $6.82 billion in 2024. While the export value decreased recently, the total quantity reached its highest point in 2023 with 1.56 billion units, suggesting a downward trend in unit pricing over the last two years despite significant volume capacity.

In 2024, the United States stands as the premier destination for Indian exports, valued at $2.55 billion. China follows as the second-largest partner with $1.12 billion. These two markets significantly outperform Japan, Vietnam, and Thailand, indicating a high concentration of trade value within the North American and East Asian regions.

Belgium is the fastest-growing emerging market with a 9.87% growth rate, followed by the United Arab Emirates at 5.37%. While the USA and Japan maintain positive momentum, Italy experienced a slight decline of -0.45%, suggesting a shift in demand toward Northern Europe and the Middle East.

Frozen shrimps and prawns (HS 030613) are the dominant product category, generating $4.31 billion in 2024. Other significant contributors include crustacean preparations and frozen molluscs, both exceeding $600 million. The data highlights a heavy export reliance on the frozen crustacean segment compared to other fish meat and mollusc categories.