Food & Drinks

The Spice Trade: India’s Top 5 Spice Exports

Spices are aromatic, pungent food additives that have been used in cooking and food preservation since ancient times. Exotic spices including saffron, nutmeg, paprika, cinnamon, cloves, and cardamom are widely used in Indian cuisine as well as in many cuisines around the world to add flavor and aroma to food while they may also be used in traditional medicine and as incense and perfumes. This article looks at India’s top 5 spice exports that play an important role in the global spice trade industry.

1) Aromatic Spices

Aromatic spices are widely used for cooking around the world. Their distinctive aroma is released when heated, producing rich flavor and enticing fragrance. The most popular spices in both bulk and extract form include black pepper, cardamom, chili peppers, cinnamon, cloves, coriander (cilantro), cumin seed (jeera), curry leaves, fenugreek seeds (methi dana), ginger powder and turmeric. The bulk spice trade has benefited from online platforms that make sourcing easier than ever before. These sites specialize in high-quality herbs and spices at great prices—so you can enjoy better food every day!

2) Pepper

While pepper doesn’t make up a large portion of Indian spice exports (5%), it is one of their most popular and well-known products. Why? Because they use it in so many different ways, from sweets to curries. The Malabar Coast is an area along western coastal India that has been cultivating pepper for over 2,000 years, and pepper is a common ingredient in Indian cuisines across North Africa and Asia. Many attribute Christopher Columbus for introducing black pepper to Europe after he tasted it on his journey to India in 1498 CE.

3) Cardamom

Cardamom is a plant of Middle Eastern origin that is extensively cultivated in southern Asia and exported globally. India dominates global trade, with 80 percent of total production, followed by Indonesia and Guatemala. The spice importer also uses cardamom to make medicines, flavors, sweets and perfumes. It was traded as long ago as at least 900 BC, when it was mentioned in Hindu scripture as the most widely used and valuable of all spices.

Some consider it to be an aphrodisiac for both men and women due to its sensual flavor. Many expensive perfumes contain cardamom because it has a unique scent that lingers without being overpowering or irritating like some perfumes can be.

4) Cloves

In 2016, Spices exports were valued at $22.4 billion and accounted for about 4.3% of total global exports. In total, there are 14 countries with spice export volumes exceeding 1 million US dollars and only one is not a spice-producing country (India). A lot of these high-value countries are known for exporting a variety of different spices but few top it off with Cloves (for example, India can be found on both lists).

In fact, while Indonesia has export volumes of more than 1 million dollars in 11 spices, none exceed that value in cloves alone. As you’ll see below though, The Spice Exporters from India – has set itself apart from its peers as it continues to dominate global markets by consistently exporting high values.

5) Coriander

It is a non-woody plant in the family Apiaceae. It is native to tropical and subtropical regions worldwide, but is widely cultivated because of its flavour. These cilantro seeds, or coriander seeds, have been traded throughout history as a coveted spice and flavouring. If you’re reading up on buying top-quality Indian coriander seeds online, our trusted source can be found here . The website also houses other varieties of spices for sale. Be sure to check out what we think are some of the best resources online for buying online spices from various regions around India!

Spice Exports From India To Other Countries

Indian Spices Exports in the financial year 2018-19 were valued at US$2 Million. The Spice exports from India to other countries are as follows: Indonesia (US$1 Million), China (US$900 Million), Bangladesh (US$1 Million), Sri Lanka (US$1 Million), Vietnam (US$300 Million), Malaysia (US$300 Million), Singapore (US$300 Million), Thailand (US$300 Million), Philippines (US$300 Million), and Nepal (US$300 Million). The spice exports from India to other countries are expected to increase in the coming years. As a result of the growing demand for Indian Spices.

Indian Spice Industry Growth: As per the data provided by the Ministry of Commerce and Industry, the Indian Spice  industry is  expected to   grow by   a proportion of 2  to 3   times during   the next   three years. The   Indian Spice  industry is  expected to   be worth   US$7 Billion by  2022. The  Indian Spice  industry is  the fastest  growing industry  in the  country.

Spice consumption globally is expected to increase by a proportion of 2 to 3 times during the next three years. The global spice consumption is expected to be worth US$ 15 Billion by 2023.

Buy Spcies Online Through Tradologie.com

Tradologie.com is the best place to buy spices online. The platform is the world’s first next-generation digital trade hub for food and agri-commodities. Tradologie.com has simplified the buying process of spices online. The platform connects buyers and sellers under one roof and eliminates the need for intermediaries. Tradologie.com is  a platform  that allows  buyers to import spices and  buy directly from  the best  sellers in  the world.

The platform also has a wide range of services for sellers to showcase their products to buyers around the world. The platform is designed to be an all in one solution for buyers and sellers to find each other and trade online. Buyers and sellers can negotiate with each other directly on the platform in real-time and without any intermediaries.

Conclusion

India is a nation of many spices, with each region possessing its own unique fragrances and flavors. In fact, India is the biggest producer of spices in the world, yielding approximately 3% of total world spice production. These top five spice exports are just a few of the many flavors coming out of India, and are representative of its diverse ethnicities, industry, and trade.

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