Spice Seeds in India 2020 Exports | Imports : $626M | $80.1M, World Rnk 1 / 140 Rnk 92 / 1215 | World Rnk 4 / 207 Rnk 409 / 1207
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $66.2M | $1.95M, China | United Arab Emirates
Exports In 2020, India exported $626M in Spice Seeds, making it the 1st largest exporter of Spice Seeds in the world. At the same year, Spice Seeds was the 92nd most exported product in India. The main destination of Spice Seeds exports from India are: China ($174M), Bangladesh ($75.5M), United States ($50.8M), Nepal ($30.4M), and United Arab Emirates ($28.6M).
The fastest growing export markets for Spice Seeds of India between 2019 and 2020 were China ($66.2M), Bangladesh ($17.8M), and Nepal ($7.88M).
Imports In 2020, India imported $80.1M in Spice Seeds, becoming the 4th largest importer of Spice Seeds in the world. At the same year, Spice Seeds was the 409th most imported product in India. India imports Spice Seeds primarily from: Vietnam ($27.9M), Afghanistan ($21.9M), Italy ($11.6M), Russia ($3.1M), and United Arab Emirates ($2.62M).
The fastest growing import markets in Spice Seeds for India between 2019 and 2020 were United Arab Emirates ($1.95M), Lithuania ($1.75M), and Italy ($1.44M).
Tariffs In 2018, the average tariff for India in Spice Seeds was 29.2%. The countries with the highest import tariffs for Spice Seeds were Angola (Most Favoured Nation duty rate treatement, 30%), Burundi (Most Favoured Nation duty rate treatement, 30%), Benin (Most Favoured Nation duty rate treatement, 30%), Burkina Faso (Most Favoured Nation duty rate treatement, 30%), and Botswana (Most Favoured Nation duty rate treatement, 30%).
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
The following visualization shows the latest trends on Spice Seeds. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2020): $626M
IMPORTS (2020): $80.1M
NET TRADE (2020): $546M
In 2020, India exported $626M in Spice Seeds. The main destinations of India exports on Spice Seeds were China ($174M), Bangladesh ($75.5M), United States ($50.8M), Nepal ($30.4M), and United Arab Emirates ($28.6M).
In 2020, India imported $80.1M in Spice Seeds, mainly from Vietnam ($27.9M), Afghanistan ($21.9M), Italy ($11.6M), Russia ($3.1M), and United Arab Emirates ($2.62M).
IN 2020, India HAD A POSITIVE NET TRADE IN Spice Seeds WITH:
IN 2020, India HAD A NEGATIVE NET TRADE IN Spice Seeds WITH:
THE FASTEST GROWING Spice Seeds EXPORT MARKETS FOR India WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spice Seeds BY India WERE (2019 - 2020):
In 2019, India's main exporting competitors in Spice Seeds were:
In 2019, India's main importing competitors in Spice Seeds were:
In 2018, the average tariff for India in Spice Seeds was 29.2%.
The countries with the highest tariffs for Spice Seeds in India were Angola (Most Favoured Nation duty rate treatement, 30%), Burundi (Most Favoured Nation duty rate treatement, 30%), Benin (Most Favoured Nation duty rate treatement, 30%), Burkina Faso (Most Favoured Nation duty rate treatement, 30%), and Botswana (Most Favoured Nation duty rate treatement, 30%).
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