The country's exports in June 2020 stood at $21.91 billion, as compared to $25.01 billion in June 2019, exhibiting a contraction of 12.41 per cent. In rupee terms, exports were Rs 1,65,898.85 crore in June 2020, as compared to Rs 1,73,682.55 crore in June 2019, registering a decline of 4.48 per cent, data released by the Commerce Ministry showed.
Pepper, cardamom, ginger, turmeric, coriander, cumin, celery, fennel, fenugreek, nutmeg, spice oils and mint products are the major spices shipped abroad.
Indian spices reach almost the entire world while the main importers include the US, UK, Germany, France, Italy, Canada, Australia, UAE, Iran, Singapore, China and Bangladesh, among others.
"The Prime Minister noticed how demand for spices of which India is among the main producers, is increasing as more and more people rush to strengthen immunity. Thanks to the efforts of the Aayush Ministry and traditional knowledge about spices being a strong immunity builder, an increasing number of Indians are taking to higher consumption of spices. But the rising exports trend does show how the world is benefiting from these items," said Assocham
Secretary General Deepak Sood.
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