Lok Sabha Question No. 1429 (UNSTARRED), answered on 2025-12-09
Subject: Impact of US Tariffs on Seafood Exports
Ministry: COMMERCE AND INDUSTRY
Asked by: Adv Dean Kuriakose, Shri Tanuj Punia, Shri Anto Antony, Adv. Adoor Prakash, Shri Karti P Chidambaram

## GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE

## LOK SABHA UNSTARRED QUESTION NO. 1429 ANSWERED ON 09/12/2025

## IMPACT OF US TARIFFS ON SEAFOOD EXPORTS

1429. ADV DEAN KURIAKOSE SHRI TANUJ PUNIA SHRI ANTO ANTONY ADV. ADOOR PRAKASH SHRI KARTI P CHIDAMBARAM

Will the Minister of COMMERCE AND INDUSTRY ( वाणिज्य एवं उद्योग मंत्री ) be pleased to state:

- (a) the steps being taken by the Government to address the impact of the US tariffs on the seafood industry;
- (b) the steps taken by the Government to address the challenges related to shipment, supply chains disruptions and growing financial pressure;
- (c) the details of financial losses incurred by the seafood industry since September 2025; and
- (d) the support is being given by the Government to persons in the fishing sectors whose livelihood has been affected as a result of the tariffs?

## ANSWER

वाणिज्य एवं उद्योग मंत्रालय में राज्यमंत्री ( श्री णिणिन प्रसाद )

## THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY (SHRI JITIN PRASADA)

(a) to (d) The Government continues to monitor India's marine exports and take steps to promote them. India's export of Marine products to the world has grown in the periods April-October and September-October, 2025 when compared to the same periods last year. Details of India's export of Marine products to the world (Values in USD Billion) is provided below:

|        |   April -Oct 2024 |   April-Oct2025 |   Sept-Oct2024 |   Sept-Oct 2025 |
|--------|-------------------|-----------------|----------------|-----------------|
| Export |               4.2 |            4.87 |           1.44 |            1.68 |

Source: DGCIS

The Government remains engaged with all stakeholders to assess the evolving impact of the U.S. tariff measures. The Government continues to work to mitigate the impact of the US tariff measures on Indian exports through a comprehensive multi-pronged strategy

encompassing intensive engagement with the US Government for a mutually beneficial India-US Bilateral Trade Agreement, immediate relief through Trade relief measures of RBI, Credit Guarantee Scheme for Exporters, enhancement of domestic demand through next  generation  GST  reforms,  Export  Promotion  measures  such  as  the  new  Export Promotion Mission which provide support and assistance to our exporters, pursuing FTAs with new countries and better utilization of existing FTA. Through consistent efforts, the number of listed fishery establishments for export to the EU and Russia have increased recently.

As  per  data  from  the  Department  of  Fisheries,  through  the  Pradhan  Mantri  Matsya Sampada Yojana, projects with a total outlay of Rs. 21274.13 crore have been approved for the development of fisheries and aquaculture in the country. This has contributed to India's exports in this sector more than doubling from Rs 30,213 crore in 2013-14 to Rs 62,408 crore in 2024-25, with the share of value added products rising from 2% to 11%.

It is expected that collectively these measures will enhance diversification and resilience in India's marine exports.

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