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Spices Exports Touch All-time High

Kochi: Export of spices and their products from India has registered an increase of twelve per cent in volume from a year ago.

 

In dollar terms, the rise in exports is six per cent.

 

A total of 9,47,790 tonnes of spices and spice products valued at Rs Rs.17664.61 crore ($ 2633.30 million) were exported in 2016-17 as against 8,43,255 tonnes valued at Rs.16238.23 crore ($ 2482.83 million) in 2015-16, a spices board press release said.

 

“India has surpassed all previous export records and has fulfilled the increasing international demand for its quality spices in the face of tough competition in global markets. More satisfying was the fact that the appreciable increase in exports came in the face of strict food safety regulations that now define and determine the international commodity trade,” said Spices Board chairman Dr A. Jayathilak.

 

During 2016-17, a total quantity of 4,00,250 tonnes of chilli valued at 5,070.75 crores was exported, recording an increase of 15 per cent in volume and 27 per cent in value.

 

Cumin registered an increase of 22 per cent in volume and 28 per cent in value during 2016-17. 1,19,000 tonnes of cumin valued at Rs.1963.20 crore was exported from India during this period.

 

Export of turmeric also increased to 1,16,500 tonnes valued at Rs 1,241 crores in 2016-17.