However, how much the industry stands to gain depends on a lot of factors - mainly how long the rupee slide will continue or at what level it will stabilise.
“Exporters are naturally happy about the rupee situation,” said Nobert Karikassery, Treasurer of Seafood Exporters Association of India, who is also the President of the Kerala Seafood Exporters Association.
“Those who have booked forward are happier as they gain more.”
The total value of seafood exports this financial year would definitely go up, he told Business Line.
East coast may gain Karikassery, however, said exporters on the East Coast would harvest better value than those on the West , as the latter relied more on sea catch while the former focused on aquaculture.
The aquaculture sector on the East Coast is expected to reap a windfall as this year there was record production of vannamei shrimps.
“This is the best year for vannamei shrimp industry in terms of production, productivity and prices.” The farmers had recorded aproductivity level of 24 tonnes a hectare.
The West Coast exporters would not gain much from the rupee depreciation as the 47-day monsoon trawl ban, which drastically cuts fish landings, has just begun.
By the time the fishing holiday ends, the rupee might recover.
Also, demand from
Advantage shrimp
One major factor in favour of Indian shrimp exporters was the drastic fall in shrimp production in
Karikassery pointed out that there was 24 per cent fall in Thai production which equalled
Coupled with the rupee depreciation and high production, it would be a boom time for the vannamei sector, he said.
(seafood.vasep.com.vn) Alongside the development of high-tech shrimp farming, Ha Tinh Province is accelerating the cultivation of high-value freshwater aquatic species, with red tilapia emerging as an effective and sustainable farming model.
(vasep.com.vn) Vietnam’s tuna exports reached USD 81 million in April 2026, down 6% compared to the same period in 2025. In the first four months of the year, export turnover totaled USD 289 million, down 4.8%. Although the overall export picture has yet to brighten significantly, market trends are becoming increasingly diversified rather than moving in a single direction.
(seafood.vasep.com.vn) Vietnam’s pangasius industry is undergoing strong restructuring starting from the broodstock and fingerling segment in order to improve productivity, quality, and export competitiveness. This is considered a critical foundation for the sustainable development of the industry amid rising production costs and increasingly stringent market requirements.
(seafood.vasep.com.vn) According to Vietnam Customs data, pangasius exports in April 2026 reached USD 206 million, up 18% compared to the same period in 2025 — marking another consecutive month of double-digit growth since the beginning of the year. Cumulative pangasius export turnover in the first four months of 2026 reached USD 720 million, up 17% year-on-year, reflecting the positive growth momentum of this key export product.
(seafood.vasep.com.vn) Vietnam’s shrimp exports in the first four months of 2026 maintained positive growth momentum, reaching approximately USD 1.5 billion, up 15% compared to the same period last year. However, behind this result lies diverging trends across markets, as the global shrimp industry continues to face pressure from inflation, high inventories, price competition, and increasing trade risks.
(seafood.vasep.com.vn) In Vinh Tuy commune (Kien Giang Province), many shrimp farmers are adopting bottom aeration systems and reporting clear economic benefits, helping increase income and reduce production risks.
(vasep.com.vn) In the first three months of 2026, Vietnam’s exports of crabs and other crustaceans reached more than USD 93 million, up 23% compared to the same period last year. The result shows that the sector is experiencing a fairly positive recovery, especially in its two key product groups: crabs and swimming crabs. However, behind the growth figures are several concerns: export markets remain highly concentrated, raw material supply is unstable, and trade barriers from the US and EU are becoming increasingly stringent.
(seafood.vasep.com.vn) In Ca Mau province, many farmers are transitioning from traditional methods to high-tech shrimp farming, adopting recirculating systems with minimal water exchange to improve efficiency and reduce risks. In Hung My commune alone, there are about 260 super-intensive shrimp farming households covering more than 265 hectares, playing a key role in local economic development.
(seafood.vasep.com.vn) In the first three months of 2026, Vietnam’s exports of fish cake and surimi reached USD 63 million, down 5% compared to the same period last year. Although total export value declined slightly due to decreases in some key markets, many other destinations continued to post strong growth, opening up room for this convenience-oriented processed segment in the coming quarters.
(seafood.vasep.com.vn) Favorable weather conditions in the early months of 2026 have brought encouraging signs for fisheries activities in Quang Tri. Output has grown steadily, contributing to improved livelihoods for local residents.
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