Diseases take toll on Indian shrimp, exports to US may narrow to 7%

Even with prices firming up, farmers are reluctant to stock again due to the ensuing winter season and losses made in the past

Exports of Indian shrimps to the United States are likely to slow down, with growth narrowing to about seven per cent to 230,000 tonnes in 2018. 

Between January and December 2017, India exported about 213,981 tonnes of the seafood, about 39 per cent more than the figure clocked in 2016.

Indonesia, the second largest exporter of shrimps to the US, is expected to grow by 15 per cent during the calendar year, according to an industry report.

Indonesia’s exports will touch 135,000 tonnes during 2018 from 118,057 tonnes shipped to the US in 2017.

Over the past five years, Indian