18 Sept 2025
India’s spice exports recorded a 6.2 percent growth in the April-June quarter of FY26, earning over USD 1,156 million, driven by strong shipments of oleoresins, seed spices, spice oils, and blends. In the same period last year, spice exports were valued at USD 1,088 million, according to data from the Commerce Ministry.
While exports grew robustly during April and May, shipments moderated in June, declining 2.26 percent to USD 312.85 million compared to USD 320.07 million in June 2024. During April-May 2025, exports had surged 9.7 percent to USD 843.6 million against USD 768.82 million in the previous year.
Emmanuel Nambusseril, Chairman of the All India Spices Exporters Forum, attributed the growth in value-added products, such as oleoresins and spice oils, to the anticipated US tariff increase from July, which accelerated shipments in the first quarter.
Looking ahead, the industry remains optimistic but cautious. Nambusseril noted, “We expect an increase of around 5 percent for the full fiscal, provided the market remains stable and crop conditions are favorable. However, uncertainty over potential US tariffs remains a key risk.”
The United States, India’s second-largest spice market after China, imported spices worth USD 711.16 million in FY25, a 15 percent rise over the previous year’s USD 619.29 million.
India continues to maintain its position as the largest producer, exporter, and consumer of spices globally. In FY25, the country exported a record 17.99 lakh tonnes of spices and spice products, up 17 percent from 15.40 lakh tonnes the previous year. In value terms, exports rose 8 percent to Rs 39,994.48 crore from Rs 36,958.80 crore in FY24.
The growth in exports underscores India’s strength in value-added spice products and its expanding presence in key international markets, even amid global trade uncertainties.