India’s Cardamom Exports Soar to Over $436 Million by 2025-26, Tripling in Just Two Years!

India’s export of whole cardamom has seen a remarkable surge, with its value skyrocketing to $436.8 million in the fiscal year 2025-26, a significant increase from $131.9 million in 2023-24. The volume of shipments also witnessed a more than doubling, reaching 16,399 tonnes compared to 7,083 tonnes two years prior. This increase is attributed to heightened global demand for premium spices, propelled by overseas buyers’ preference for Indian cardamom’s quality and aroma. Key export destinations include the UAE, Saudi Arabia, and Bangladesh, among others, highlighting India’s position as a leading player in the global spice market.

This surge in cardamom exports translates into tangible benefits for the common citizen, particularly those involved in the cultivation and processing of cardamom, primarily in states like Kerala, Karnataka, and Tamil Nadu. An increase in export value typically leads to higher incomes for farmers, which may stimulate local economies and enhance investment in agricultural practices and quality improvements. For the market, rising exports signify increased opportunities for agribusinesses and could attract investment in the supply chain and processing industries targeting both domestic and international consumers.

Looking ahead, the Indian government and the Reserve Bank of India (RBI) are likely to engage in strategic initiatives to bolster agricultural exports further. This may involve enhancing infrastructure for spice supply chains, offering financial incentives for research into improving yield and quality, and negotiating trade agreements that favor Indian agricultural products on a global scale. As demand for premium spices continues to grow, sustained support and focus on quality production will be essential to maintain competitiveness in the global market.

Source: The Hindu

(Expert Note: This report was independently prepared by the Wealthova Economy team.)