Indian seafood exporters gain on report of China suspending Japanese imports

Fresh raw shrimps
| Photo Credit:
IgorSPb

Indian seafood exporters surged as
much as 11% on Wednesday following media reports that China had
notified Japan of plans to suspend imports from the country, a
move that could shift demand toward alternative suppliers such
as India.

A potential rise in demand could offer a lifeline to Indian
seafood exporters squeezed by steep tariffs imposed by the
United States, the country’s biggest market, with clients
including major retailers such as Walmart and Kroger
.

Total seafood exports from India globally stood at $7.4
billion last year, with shrimp accounting for 40%.

With the tariff issue weighing on shipments, companies have
been looking to diversify their export markets, said Vincent K
Andrews, equity research analyst at Geojit Financial Services.
Any new opportunity is positive news for the sector, Andrews
said.

Shares of shrimp exporter Avanti Feeds rose 11%,
their biggest intraday gain in more than two months, topping the
list of performers.

Coastal Corporation, which said in April it plans
to increase exports to China, was up 5%, the most since October
24.

Published on November 19, 2025