Are you thinking of the export of Haldi from India? yes, it is the best option. As we know, India is known as the land of spices and has been a major exporter of various aromatic and flavorful spices for centuries. Among these spices, Haldi, commonly known as turmeric, holds a special place. With its numerous health benefits and versatile applications, turmeric has gained immense popularity worldwide. If you are considering venturing into the Haldi export business from India, this guide will provide you with valuable insights and step-by-step instructions to navigate the process successfully.
Can I export turmeric from India?
Yes, you can export Haldi from India, according to market trends; India is a net exporter of turmeric and made 201,152 US dollars in 2020. The USA, which imported 22% of the entire export value of Indian turmeric last year, was followed by Bangladesh (18%), Iran (6%), and the United Arab Emirates (5%). However, India made a net profit of 201,152 Thousand US Dollars in 2020 from the export of turmeric to overseas markets. Malaysia, the UK, Morocco, Germany, and Japan are a few of the other nations that benefit from India’s export of turmeric.
Additionally, products like turmeric jaggery frequently contain turmeric as an ingredient. The value of turmeric exports from India has climbed by 20% in the past year, compared to a 6% growth in 2016–20, while the sale has also increased on the global market.
Who is the largest exporter of Haldi?
Haldi is the most exported product from India. India sold turmeric for over 215 billion dollars in 2022. Turmeric exports from India were more than 12 times more than those from Myanmar, the second-largest exporter of turmeric. Turmeric exports from Myanmar were almost 17 million dollars that year.
The United States is turmeric’s largest importer. The value of turmeric imports into the United States in 2020 was almost 47 million dollars. Germany and the United Kingdom are the second and third biggest buyers of turmeric, bringing in about 17 and 15 million dollars worth of the spice, respectively. The value of imports from India to the United States, the world’s largest buyer of turmeric, is roughly 31 million dollars. With import values of roughly nine and two million dollars, respectively, Fiji and China are the nations from which the United States imports the second-and third-largest amounts of turmeric after India.
Top ports for exporting Haldi Powder from India
According to the Haldi export data; these are the top ports for exporting Haldi powder from India:
- Coimbatore (140),
- Kolkata Sea (140),
- Bangalore (221),
- Bang lore Air Cargo (251),
- Trivandrum Air Cargo (425)
- Raxaul (116),
- Tuticorin Sea (496).
Documents Required to Start Your Haldi Export From India
Export Documentation
To export haldi from India, you need to comply with various legal requirements and obtain the necessary export documentation. Some essential documents include:
Export license: Apply for an export license from the Directorate General of Foreign Trade (DGFT) or its regional offices.
Certificate of Origin: Obtain a certificate of origin from the Export Inspection Council (EIC) or other authorized agencies to validate the turmeric’s Indian origin.
Phyto-Sanitary Certificate: Obtain a phytosanitary certificate from the Plant Quarantine Organization to ensure the turmeric is free from pests and diseases.
Commercial Invoice: Prepare a detailed commercial invoice specifying the product details, quantity, value, and payment terms.
Other Mandatory Documents such as:
- Business registration with (MCA)
- FSSAI Registration
- GST Registration
- Import Export Code (IEC)
- Certificate of Registration from the Spice Board India
Conclusion
Exporting haldi from India can be a rewarding venture with the increasing global demand for this versatile spice. By following the steps outlined in this guide, you can navigate the process effectively and establish a successful Haldi export business. Remember to focus on maintaining high-quality standards, complying with legal requirements, and building strong relationships with farmers. If you want to export Haldi from India, you need professional guidance. EximPedia dashboard provides market insights for 100+ countries and provides you with the authentic and most updated Export Import Trade data for Haldi powder. So connect today to gain real-time statistics with our best data-driven dashboard.