This post was originally published on The Economic Times
Iran War: Despite limited direct exposure, with just 3-4% of exports routed through the Strait of Hormuz, India’s seafood sector, valued at $13.1 billion in 2025 (as per IMARC Group), is already feeling the impact of the West Asia conflict involving the US, Israel and Iran, as a large share of India’s seafood shipments to Europe, Russia, and the US East Coast transit the currently disrupted Red Sea.
While West Asia is not a dominant market, exporters with direct exposure to the region are facing clear challenges, K.N. Raghavan, Secretary General of the Seafood Exporters Association of India (SEAI). “It’s difficult to accurately quantify the impact [of the ongoing Iran war] on seafood exports, but a major impact is on logistics. Since the disruption, many shipping lines have been avoiding the Red Sea route, diverting via the Cape of Good Hope. This has increased transit time to key markets such as the US (both coasts) and Europe. As a result, freight costs have risen, container turnaround times have lengthened, and shortages of available
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