Spices in India | The Observatory of Economic Complexity

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Exports In 2022, India exported $538M in Spices, making it the 1st largest exporter of Spices in the world. At the same year, Spices was the 156th most exported product in India. The main destination of Spices exports from India are: United States ($65.2M), Bangladesh ($47.7M), United Arab Emirates ($46.8M), Morocco ($28.5M), and Germany ($26.2M).

The fastest growing export markets for Spices of India between 2021 and 2022 were Kuwait ($6.61M), Iran ($4.53M), and Algeria ($1.92M).

Imports In 2022, India imported $82.8M in Spices, becoming the 11th largest importer of Spices in the world. At the same year, Spices was the 508th most imported product in India. India imports Spices primarily from: Nigeria ($18.7M), Afghanistan ($12.5M), Indonesia ($8.92M), Vietnam ($8.19M), and Nepal ($6.9M).

The fastest growing import markets in Spices for India between 2021 and 2022 were Nigeria ($3.77M), Nepal ($3.56M), and Burma ($1.88M).

COMPANIES In 2023, leading companies such as WAL-MART INC. (1.74k), IKEA SUPPLY AG (370), and CNH INDUSTRIAL AMERICA LLC (40) were at the forefront of shipping Spices from India to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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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 Spices. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

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Trade Value

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Year

EXPORTS (2022)$538M

IMPORTS (2022)$82.8M

NET TRADE (2022)$456M

In 2022, India exported $538M in Spices. The main destinations of India exports on Spices were United States ($65.2M), Bangladesh ($47.7M), United Arab Emirates ($46.8M), Morocco ($28.5M), and Germany ($26.2M).

In 2022, India imported $82.8M in Spices, mainly from Nigeria ($18.7M), Afghanistan ($12.5M), Indonesia ($8.92M), Vietnam ($8.19M), and Nepal ($6.9M).

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