Chennai, Nov 21 (UNI) Indian shrimp exporters are finding friendly tides in non-US markets after the US imposed heavy import duty this year.

According to an industry report by the credit rating agency CARE Ratings, the shrimp exports grew strongly in the first five months of FY26, driven by non-US markets such as Vietnam, Belgium, China, Russia, and others, which accounted for 86 percent of the incremental export value.

While export momentum may soften in second-half (H2) of FY26 due to continued US pressure and weaker fresh orders, the industry is cushioning the impact through various measures, including opening access to previously inaccessible markets and an incremental number of approvals for Indian units for export to the European union (EU) and Russia.

India’s shrimp export susta

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