Estimated export value of spices in India FY 2023, by type

Published by A. Minhas, Sep 13, 2024
Chilies had the largest export value from India in the spices segment in fiscal year 2023. This was valued at over 104 billion Indian rupees. Cumin and spice oil oleoresins followed ranking second and third respectively. Spices accounted for nearly 317 billion rupees in Indian exports that year.

Estimated export value of spices in India in financial year 2023, by type (in billion Indian rupees)

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Release date

July 2023

Region

India

Survey time period

FY 2023

Special properties

Provisional figures

Supplementary notes

*Includes bishops weed, dill seed, poppy seed, aniseed, mustard,etc).

**Includes asafoetida, cinnamon, cassia, cambodge, saffron, spices, etc

***Includes menthol, menthol crystals and mint oils.

India's financial year begins in April and ends in March. For example, FY 2017 started in April 2016 and ended in March 2017.

One Indian rupee is equal to 0.012 U.S. dollars and 0.011 euros (as of October 2023).

Values have been rounded for clarity.

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