United States accounted for the highest value of Indian spice exports in fiscal year 2021. This value stood at over 44 billion Indian rupees. Bangladesh followed with about 21 billion rupees of exports, while United Arab Emirates ranked third.
Which country is largest importer of Indian spices?
Indian Spices Export Data and Key Markets
Top importers of Indian spices in FY21 were US, UAE, UK, Hong Kong, Australia, and Canada. The total spices export was US$ 1.68 billion in April 2021 to August 2021 and for August 2021 it was US$ 312.57 million.
Which spices is most exported from India?
Chili were the most exported spice from India in fiscal year 2021, with an estimated volume of over 601 thousand metric tons. Cumin followed, while turmeric ranked third. India spice exports accounted for over 1.5 million metric tons and 3.6 billion U.S. dollars in value that year.
Which countries import spices from India?
Top 10 importers of Indian spices in FY19 were US, China, Vietnam, Hong Kong, Bangladesh, Thailand, UK, UAE, Malaysia, and Sri Lanka.
Which country exports the most from India?
TOP 25 Export Destination
|1. USA||2. China||3. UAE|
|4. Hong Kong||5. Bangladesh||6. Singapore|
What is the most costly spice?
Most expensive spice
Across the world, saffron is used in products ranging from food to medicine and cosmetics. A kilogram (2.2 pounds) requires the stigmas of about 150,000 flowers and can easily sell for $3,000-$4,000.
Which state is famous for spices in India?
With an estimated production volume of over three million metric tons, the state of Madhya Pradesh was the largest producer of spices across India in 2021. Rajasthan and Gujarat were the other major producers that year.
Which country is known for its spices?
India contributes to 75% of global spice production.
Which state is the largest producer of spices in India 2020?
Andhra Pradesh is India’s largest spice producing state. Rajasthan is second largest spice producing state.
What are the 7 Indian spices?
7 Essential Spices for Indian Cooking
- Saffron. As Indian cooking spices go, saffron is one that isn’t quite common, but is certainly a necessity for certain dishes. …
- Turmeric. …
- Cumin. …
- Nutmeg. …
- Red Chili Powder. …
- Coriander. …
What do China import from India?
UAE, Saudi Arabia and Iraq and Hong Kong were other top trading partners for India during the period. Some of India’s key imports from China include smartphones, components for smartphones and automobiles, telecom equipment, plastic and metallic goods, active pharmaceutical ingredients (APIs), and other chemicals.
What is the best export business in India?
So after comprehensive research, I have identified the list of best export businesses in India.
- Vegetable Export: …
- Clothing. …
- Beauty Products. …
- Seafood Export. …
- Meat Exports. …
- Machinery Export Business. …
- Chemical Exports. …
- Petroleum Products.
What India import most?
India main imports are: mineral fuels, oils and waxes and bituminous substances (27 percent of total imports); pearls, precious and semi-precious stones and jewelry (14 percent); electrical machinery and equipment (10 percent); nuclear reactors, boilers, machinery and mechanical appliances (8 percent); and organic …
Which countries buy Indian weapons?
Top 5 arms importers
|Country||Share of arms imports (%)|
What is India’s biggest import?
- Mineral fuels including oil: US$104.4 billion (28.4% of total imports)
- Electrical machinery, equipment: $42.9 billion (11.7%)
- Gems, precious metals: $41 billion (11.2%)
- Machinery including computers: $35.2 billion (9.6%)
- Organic chemicals: $18.2 billion (4.9%)
- Plastics, plastic articles: $12 billion (3.3%)