India Set to Reel in Benefits from U.S. Seafood Tariff Cut

India's seafood exports to the U.S. could rebound as Washington lowers tariffs from 25% to 18%. SEAI reports a 15% volume drop and 6.3% value decline due to high tariffs linked to India's Russian oil purchase. The eased tariffs should boost exports, pending geopolitical stability.

India's seafood export industry is poised for recovery after the United States announced a reduction in tariffs from 25% to 18%, according to the Seafood Exporters Association of India (SEAI). This decision is expected to reverse months of declining shipments to the U.S., a key market for Indian seafood.

During the fiscal period from April to November, Indian fish exports to the U.S. fell by 15% in volume and 6.3% in value, reflecting the impact of hefty tariffs imposed in August 2025. The tariffs included severe penalties due to India's purchase of Russian oil.

SEAI General Secretary K N Raghavan expressed optimism about the adjustment, despite the complex geopolitical backdrop influencing such trade decisions. With frozen fish making up the majority of exports, stakeholders hope this development marks a sustained positive trend in U.S.-India trade relations.