Shrimp exports shift: India gains in non-US markets; tariff surge in America threatens FY26 momentum

India’s shrimp trade recorded a steady rise in the first five months of FY26, with exporters earning $2.43 billion — an 18 per cent increase from last year — as per a new assessment by CareEdge Ratings. Shipment volumes also improved, touching 3.48 lakh metric tonnes, up 11 per cent year-on-year. Much of this momentum came from markets outside the United States, where export value jumped to $1.38 billion from $1.06 billion. As per news agency ANI, these non-US destinations strengthened their share in India’s overall shrimp shipments, rising from 51 per cent in 5MFY25 to 57 per cent in the same period this year. CareEdge noted that places such as Vietnam, Belgium, China and Russia together made up 86 per cent of the additional export gains, reflecting how exporters are consciously wi