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Monday, June 19, 2017

Commodity News : Agri : Spices export 2016-17




Despite the slowdown in food grains across the world in the year 2016-17, the export of Indian spices has recorded a record high. According to the latest released data of the government, the export of spices and spices products in the year 2016-17 has increased by 12 percent compared to the year 2015-16. The total export of spices in the year 2016-17 is 9,47,790 tons. The total cost of which is estimated to be Rs. 17664.61 crores. In 2015-16, the total export of spices from the country was 8,43,255 tons. In 2016-17, the total export of chilli from the country is 4,00,250 tons. The export of chillies has increased 15 per cent compared to the year 2015-16. On the other hand, the second major masala, which is exported after chilli, is cumin seed. The export of cumin has increased 22 per cent compared to the year 2015-16. The total export of cumin is 1,19,000 tons.

















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