Spices export jump 24% in April-September
India exported 5,57,525 tonnes of spices and spice products valued at ₹8,850.53 crore during April-September 2017 as against 4,50,700 tonnes worth ₹8,700.15 crore during the corresponding period a year earlier, registering an increase of 24% in volume and 2% in rupee terms. In dollar terms, the exports of spices and spice products during the first half of the current fiscal were pegged at $1,373.97 million against $1,299.96 million during the same period in 2016, notching an increase of 6 per cent. Chilli retained its position as the most-in-demand spice with exports of 235,000 tonnes (valued at ₹2,125.90 crore) followed by cumin with a total volume of 79,460 tonnes worth ₹1,324.58 crore. Next in line was turmeric with an export volume of 59,000 tonnes valued at ₹547.63 crore. The export of mint products added up to 11,280 tonnes in volume and ₹1,317.40 crore in value. During the period, 8,800 tonnes of spice oils and oleoresins valued at ₹1,332.22 crore were shipped against 6,617 tonnes worth ₹1,237.06 crore last year.
Source-Business line
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