Indian seafood exporters see severe impact from US tariffs

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Ecuador is likely to replace India as the largest shrimp supplier to the US market, said Seafood Exporters Association of India President G Pawan Kumar.

As export orders are on delivery at doorstep basis, the impact of tariff will have to be borne by exporters for goods in transit, said Kumar, adding that this will pose a huge additional burden on shippers.

The prevailing margins in this sector are 4-5% only," he said.

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Author / Journalist: Press Trust of India

Category: StartupsEconomyBusiness

Markets: IndiaIndonesiaVietnam

Topics: India Largest Privacy Market Indian Tariff Kumar Policy Impact Seafood Exporters

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-06 @ 06:07:44 (1 days ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 292 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 17 words per sentence (average)

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Copyright Owner: © YourStory

News ID: 27612171

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