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Spices are the king product for every startup who wants to start an import-export business from India and today, in this blog I will share with you every single step of spices export. Well, it’s How To Start Spices Export Business From India | Spices Export Training so read the blog till the end.
Spices Export Highlights and Key Markets
1. During FY19, a total of 1.10 million tonnes of spices and spice products valued at US$ 2.80 billion were exported from the country as against 1.02 million tonnes valued at US$ 2.78 billion in FY18, registering an increase of 7% in volume.
2. The top 10 importers of Indian spices in FY19 were the US, China, Vietnam, Hong Kong, Bangladesh, Thailand, UK, UAE, Malaysia, and Sri Lanka.
3. During FY19, the top 10 exported spice products in terms of value were Chilli Powder, Mint products, Spice Oils & Oleoresins, Cumin, Turmeric, Pepper, Curry Powder/Paste, Cardamom Seeds, Tamarind, Asafoetida, Cassia, and Garlic.
India is the world’s largest producer and consumer of spices and for a very long time has been among the leading spice-exporting countries. Upwards of three million Indian smallholder households produce spices and hundreds of thousands of others are involved in spice processing, distribution, and trade. India is unique among the world’s major spice-exporting countries in that the bulk of its spice production is used in the domestic market. While the value of Indian spice exports has been $300-400 million in recent years, the estimated domestic retail value of spices in India is some $4 billion.
Important Export Business Documents For Export Spices Product –
20 Top Most Spices Buyer Export COUNTRY for Indian Spices.
How to start as Startup Spices Export From India –
In my Exim Business Advisor Journey as an Export Consultant and as International Business Coordinator i saw spices market is far better than other export products and the biggest reason is quality of Indian spices is far better than other all and i am trying to provide you Spices Export Turmeric Business India | Haldi Masala Export Business Tips.
As an Export Consultant Chetan Kumar Verma is just not a name you can see here experience of the trade and other important ways that can help you to start your own spices export business from India.
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