Indian Shrimp Exports in January 2025 Drop 3% in Volume but Increase 9% YoY in Value

India started 2025 with a 3% year-on-year drop in exports. The drop in export volume was entirely accounted for by raw L.vannamei. Exports of raw P. monodon were flat, while exports of value-added products increased. Exports to China almost halved yearly, while exports to the US and especially the EU increased significantly. While the export volume dropped, the export value increased by 9% year over year. Average prices per kg declined by 2-3% from December 2024, but for the US (12%) and China (23%), they are significantly above average prices in January 2024. 

Some more details about January exports are provided below: 

Total shrimp exports under HS 030617 and HS 160521/29:

• Export volume: 49,058 MT = -3%
• Export value: $355 million

Products:

• Raw L. vannamei (HS 03061720): 35,766 MT = -8%
• Raw P. monodon (HS 03061740): 2,425 MT = +0%
• Value-added products (HS 160521, HS 160529): 5,631 MT = +38%
• Raw wild-caught (HS 03061711/19/30/50/90): 5,236 MT = +0%

Top 5 Markets:

• US: 21,724 MT = +6%
• China: 5,247 MT = -45%
• EU: 7,303 MT = +21%
• Vietnam: 3,568 MT = +30%
• Japan: 2,299 MT = -14%