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Exports In 2023, India exported $509M in Spices, making it the 2nd largest exporter of Spices in the world. At the same year, Spices was the 155th most exported product in India. The main destination of Spices exports from India are: United States ($69.1M), Bangladesh ($61.1M), United Arab Emirates ($32M), Morocco ($24.8M), and United Kingdom ($22.4M).
The fastest growing export markets for Spices of India between 2022 and 2023 were Bangladesh ($13.5M), Nigeria ($2.61M), and Russia ($1.58M).
Imports In 2023, India imported $105M in Spices, becoming the 9th largest importer of Spices in the world. At the same year, Spices was the 439th most imported product in India. India imports Spices primarily from: Afghanistan ($34.6M), Nigeria ($28.7M), Nepal ($13.2M), Indonesia ($4.68M), and Burma ($4.61M).
The fastest growing import markets in Spices for India between 2022 and 2023 were Afghanistan ($22.1M), Nigeria ($9.55M), and Nepal ($5.5M).
COMPANIES In 2023, leading companies such as Walmart (6), IKEA Group (5), and Givaudan Fragrances (5) were at the forefront of shipping Spices from India to the United States.
