Spice Exports Rise 6.2% in First Quarter

19-Jul-2025 05:46 PM

New Delhi. Despite all the challenges, obstacles and competition, the excellent export of spices from India continues and it is also liked a lot in the international market.

According to the Union Commerce Ministry, during the first quarter of the current financial year i.e. April-June 2025, the income received from the export of spices increased to above $ 1156 million, which was 6.2 percent more than the export income of $ 1088 million in the same months of the year 2024.

Although the export income of the entire quarter increased, but some decline was registered in June. In June 2024, the export income of spices was $ 320.07 million, which fell by 2.26 percent to $ 312.85 million in June-25. Million is equivalent to 10 lakhs. Earlier, during April-May, the export income of spices increased by 9.7 percent from $ 768.82 million last year to $ 843.60 million this year.

The President of the All India Spice Exporters Forum says that during the first quarter of the current financial year, there was a good increase in the export of spice oils, spice mixes, red chillies and seed spices from the country as compared to last year.

In fact, the export of these value-added spice products increased due to the possibility of tariff increase in the US from July. The export scenario of whole spices and spice products also looks better for the remaining months of the current financial year.

It is necessary to see what the tariff policy of America remains after August 1. If a high level tariff is imposed on Brazil, Vietnam, Indonesia and other such countries which supply good spices, then India's competitive ability will naturally increase there.

This time the weather and monsoon conditions in India remain favorable, due to which the production of spices is expected to be better. If the global market conditions remain favorable, then the total export of spices may increase by up to 5 percent during 2025-26 as compared to the financial year 2024-25.