Spices Board’s Trade Information Services (TIS) department compiles export data of spices from various sources including exporters’ returns submitted to Spices Board, DGCI&S Kolkata and DLE from Customs. Major export trends have been highlighted here to equip the spices exporters and other stakeholders with an understanding of the emerging arenas, shifts in trade and prospective business areas.
During 2020-21, despite the continuance of COVID-19 pandemic and the consequent recession in the global economy, spices export from India continued its upward trend and has crossed the US $ 4 billion mark for the first time in the history of Spices export.
As per DGCI&S/MoC, during 2020-21, the export of spices and spice products from the country has been 17,58,984.79 tons valued Rs.30973.32 crores (US $4178.80 million) as against 12,85,756.17 tons valued Rs.26651.05 crores (US $ 3763.72million) achieved during the last financial year. Compared to last year, the export has shown an increase of 37% in quantity and 16% in value. In dollar terms, the increase is 11%.