India’s shrimp exports reached 50,564 MT in January 2026, up 3% YoY, while value declined slightly by 2% YoY to $347 million, largely a result of exports of less value-added and more raw products. This follows a strong 2025, where total exports grew 9% in volume and 14% in value. January’s modest volume growth comes against a high base and masks diverging trends across markets.
Products
Raw L. vannamei remains the backbone of India’s exports, accounting for 36,765 MT in January, up 3% YoY. Value-added exports continue to struggle, dropping 17% YoY to 4,664 MT. The drop of value-added has to do with the tariff situation in the US, which is its major outlet for value-added products, and the fact that India has not yet significantly penetrated the EU market for value-added products and hence cannot easily diversify.
Raw P. monodon continues its strong growth trajectory, rising 51% YoY to 3,670 MT. Increased exports in January signal that some packers still have inventory or that the crop is getting more distributed over the year. Wild-caught shrimp saw a modest recovery, increasing 5% YoY to 5,465 MT, though volumes remain structurally lower compared to previous years.
Markets
The most striking development is the sharp contraction in exports to the US, which fell 36% YoY to 13,888 MT, reflecting the consequences of the high reciprocal tariffs which were not yet lifted in January. In contrast, the EU remains a key growth driver, with exports increasing 49% YoY to 11,099 MT, continuing the strong momentum seen throughout 2025. China also showed significant growth, with imports rising 72% YoY to 9,016 MT, reinforcing its role as an increasingly important alternative market. Exports to Vietnam remained broadly stable at 3,618 MT (+1% YoY), following a year of strong growth driven by reprocessing trade. Japan posted moderate growth of 4% YoY to 2,392 MT.
Byte in Numbers
Total Shrimp Exports (HS 030617, HS 160521, HS 160529)
- Volume:
- Feb: 48,383 MT = -5% YoY
- Mar: 67,022 MT = +27% YoY
- Apr: 57,800 MT = +10% YoY
- May: 78,753 MT = +26% YoY
- Jun: 74,405 MT = +12% YoY
- Jul: 75,508 MT = +8% YoY
- Aug: 61,842 MT = -1% YoY
- Sep: 70,121 MT = +18% YoY
- Oct: 75,085 MT = +6% YoY
- Nov: 76,616 MT = +13% YoY
- Dec: 61,781 MT = -9% YoY
- 2025 Year-Total: 796,374 MT = +9% YoY
- Jan 2026: 50,564 MT = +3% YoY
- Value:
- Feb: $348 million = +5% YoY
- Mar: $471 million = +39% YoY
- Apr: $401 million = +19% YoY
- May: $547 million = +35% YoY
- Jun: $513 million = +20% YoY
- Jul: $533 million = +16% YoY
- Aug: $440 million = +3% YoY
- Sep: $508 million = +21% YoY
- Oct: $569 million = +13% YoY
- Nov: $543 million = +11% YoY
- Dec: $437 million = -12% YoY
- 2025 Year-Total: $5,664 million = +14% YoY
- Jan 2026: $347 million = -2% YoY
Products
- Raw L. vannamei:
- Jan: 35,786 MT = -8% YoY
- Feb: 36,001 MT = -8% YoY
- Mar: 53,286 MT = +30% YoY
- Apr: 47,291 MT = +10% YoY
- May: 65,863 MT = +26% YoY
- Jun: 63,133 MT = +12% YoY
- Jul: 61,609 MT = +7% YoY
- Aug: 44,932 MT = -5% YoY
- Sep: 47,383 MT = +14% YoY
- Oct: 52,115 MT = +7% YoY
- Nov: 54,985 MT = +11% YoY
- Dec: 43,584 MT = -13% YoY
- 2025 Year-Total: 605,966 MT = +7% YoY
- Jan 2026: 36,765 MT = +3% YoY
- Value-added:
- Feb: 6,064 MT = +31% YoY
- Mar: 6,598 MT = +41% YoY
- Apr: 4,937 MT = +27% YoY
- May: 7,342 MT = +54% YoY
- Jun: 6,787 MT = +33% YoY
- Jul: 7,012 MT = +17% YoY
- Aug: 5,403 MT = -10% YoY
- Sep: 6,486 MT = +7% YoY
- Oct: 7,033 MT = -4% YoY
- Nov: 7,077 MT = -1% YoY
- Dec: 6,020 MT = -15% YoY
- 2025 Year-Total: 76,389 MT = +14% YoY
- Jan 2026: 4,664 MT = -17% YoY
- Wild-caught:
- Feb: 5,042 MT = -3% YoY
- Mar: 5,664 MT = +11% YoY
- Apr: 4,347 MT = +18% YoY
- May: 4,225 MT = +15% YoY
- Jun: 3,444 MT = -1% YoY
- Jul: 3,930 MT = -18% YoY
- Aug: 4,669 MT = -16% YoY
- Sep: 4,780 MT = -10% YoY
- Oct: 5,575 MT = -12% YoY
- Nov: 5,185 MT = -7% YoY
- Dec: 5,355 MT = -9% YoY
- 2025 Year-Total: 57,431 MT = -4% YoY
- Jan 2026: 5,465 MT = +5% YoY
- Raw P. monodon:
- Feb: 1,276 MT = -45% YoY
- Mar: 1,475 MT = -26% YoY
- Apr: 1,225 MT = -27% YoY
- May: 1,323 MT = -27% YoY
- Jun: 1,042 MT = -26% YoY
- Jul: 2,958 MT = +99% YoY
- Aug: 6,839 MT = +83% YoY
- Sep: 11,471 MT = +85% YoY
- Oct: 10,361 MT = +25% YoY
- Nov: 9,369 MT = +73% YoY
- Dec: 6,822 MT = +43% YoY
- 2025 Year-Total: 56,587 MT = +36% YoY
- Jan 2026: 3,670 MT = +51% YoY
Top Five Markets
- USA:
- Feb: 21,896 MT = -3% YoY
- Mar: 26,886 MT = +32% YoY
- Apr: 22,760 MT = +14% YoY
- May: 32,931 MT = +28% YoY
- Jun: 26,693 MT = +5% YoY
- Jul: 27,578 MT = -9% YoY
- Aug: 16,587 MT = -42% YoY
- Sep: 17,610 MT = -33% YoY
- Oct: 21,405 MT = -26% YoY
- Nov: 22,257 MT = -18% YoY
- Dec: 17,599 MT = -37% YoY
- 2025 Year-Total: 276,348 MT = -9% YoY
- Jan 2026: 13,888 MT = -36% YoY
- EU-27:
- Feb: 7,537 MT = +27% YoY
- Mar: 8,297 MT = +17% YoY
- Apr: 7,822 MT = +36% YoY
- May: 8,060 MT = +24% YoY
- Jun: 8,488 MT = +33% YoY
- Jul: 10,780 MT = +32% YoY
- Aug: 11,083 MT = +58% YoY
- Sep: 11,873 MT = +79% YoY
- Oct: 11,873 MT = +79% YoY
- Nov: 12,305 MT = +58% YoY
- Dec: 12,099 MT = +51% YoY
- 2025 Year-Total: 119,748 MT = +39% YoY
- Jan 2026: 11,099 MT = +49% YoY
- China:
- Feb: 5,112 MT = -40% YoY
- Mar: 10,908 MT = +13% YoY
- Apr: 10,286 MT = -12% YoY
- May: 17,337 MT = +20% YoY
- Jun: 16,187 MT = -5% YoY
- Jul: 12,092 MT = +5% YoY
- Aug: 12,190 MT = +33% YoY
- Sep: 15,337 MT = +76% YoY
- Oct: 16,161 MT = +18% YoY
- Nov: 20,146 MT = +42% YoY
- Dec: 13,289 MT = +16% YoY
- 2025 Year-Total: 154,291 MT = +10% YoY
- Jan 2026: 9,016 MT = +72% YoY
- Vietnam:
- Feb: 2,805 MT = +30% YoY
- Mar: 6,755 MT = +89% YoY
- Apr: 5,180 MT = +50% YoY
- May: 6,747 MT = +131% YoY
- Jun: 7,133 MT = +97% YoY
- Jul: 6,901 MT = +140% YoY
- Aug: 5,038 MT = +264% YoY
- Sep: 6,343 MT = +86% YoY
- Oct: 6,727 MT = +90% YoY
- Nov: 6,826 MT = +21% YoY
- Dec: 5,270 MT = -31% YoY
- 2025 Year-Total: 69,292 MT = +61% YoY
- Jan 2026: 3,618 MT = +1% YoY
- Japan:
- Feb: 2,005 MT = -9% YoY
- Mar: 3,210 MT = +46% YoY
- Apr: 2,435 MT = +35% YoY
- May: 3,152 MT = +8% YoY
- Jun: 3,322 MT = -11% YoY
- Jul: 4,512 MT = +0% YoY
- Aug: 4,220 MT = -20% YoY
- Sep: 5,286 MT = +47% YoY
- Oct: 4,100 MT = +9% YoY
- Nov: 3,157 MT = +23% YoY
- Dec: 2,946 MT = -10% YoY
- 2025 Year-Total: 40,643 MT = +6% YoY
- Jan 2026: 2,392 MT = +4% YoY
