Tradologie

Saffron and cardamom are two spices that are most profitable to trade in global market. In 2020, global saffron market was pegged at $374.6 million and expected annual CAGR between 2020 and 2028 is pegged at 8.5% for it. This annual CAGR is expected to be achieved on the back of medicinal and cosmetic application of saffron. Saffron has notable health benefits and is a known source of antioxidants. Cardamom is second only to pepper in usage in food preparations and cardamom trade is comparable to saffron trade in profitability. Saffron trade Saffron is costliest spice and trade of no other spice offers better profit margin to global  spices traders . Though primary use of saffron is for food seasoning but utilization in pharmacy is also noteworthy. Iran is largest producer of saffron and dominates export market too. Re-exporters like Spain rely heavily on Iranian saffron and 50% of Iranian saffron is imported by Spain.   Asia Pacific Leads Saffron Market       Asia pacific has dominate

India is not a major exporter of pulses (lentils). It had share of 0.7% in lentils export market in 2020. India is in fact the largest importer of pulses but now India is trying hard to increase its production to reduce dependence on imports and eventually become a major player in lentils export market. For now, Canada and Australia are two biggest exporters of lentils and India has little chance to even play catch-up. In 2020 Canada’s share in pulses exports pie was 58%. Destination for Indian chickpeas exports India has been exporting chickpeas and it is important part of Indian pulses exports basket. Way back in 2016 itself total chickpeas exported from Indian shores reached $126.43 million by value. Dealers of pulses in India concentrate on export of desi chickpeas and kabuli chickpeas. Saudi Arabia, Pakistan, UAE, Algeria and Sri Lanka are main destinations for desi and kabuli chickpeas from India. Many dealers rely on online B2B platforms to trade chickpeas. Tens of thousa

Sugar production globally has grown exponentially in the last decade and it continues to do so until now. In 2019, the world produced 1,317 million metric tons of sugar, which was 2 percent higher than in 2018 and 8 percent higher than in 2000. The total global production of  sugar  from cane and beet had increased to 1,382 million metric tons in 2020, as per data by the Food and Agriculture Organization (FAO). More than half of that sugar production came from Brazil, India, China, and Mexico. The top 10 sugar-producing countries were responsible for 54 percent of the total global output in 2021-2022. 1) India As India continues to build a reputation as one of the world’s fastest-growing economies, it makes sense that its production of sugar will increase steadily. According to Sugar Stats, exports of refined sugar from India totalled nearly 2 million metric tons in 2016. The country is expected to produce approximately 5 million metric tons by 2022 and about 11 million metric tons by

Pulses are, essentially, dried legumes that have been prepared to retain their nutritional value and can be stored easily. They are grown all around the world, with Canada being the largest producer in the world with over half of the global pulses exports. India, Turkey, and Australia are other large producers in the industry. The global demand for  Indian pulses  has been rising steadily over the years, but their consumption is still a far cry from what it should be according to experts as pulses are an excellent source of protein and fiber, making them good for overall health. India’s Pulses Production India is already a large producer of  pulses  and imports are not expected to reduce significantly over the coming years. The country’s pulses production is expected to rise as well. Production in other major countries is also anticipated to grow by more than 2 percent from 2021-2022. As a result, India will continue to be among the world’s largest exporters of pulses over that period.

It goes without saying that a country’s economy and level of development largely depend on its exports and imports. Among all other commodities,  Agri  commodities  are no doubt the most exported or imported by different countries around the world. However, which countries are the biggest exporters and importers of these products, and what are other important stats. This blog answers all these questions and more by exploring the global trade of Agri commodities. By understanding how this trade works and which countries are the biggest exporters and importers of these products, you’ll be better equipped to make informed choices when it comes to your own country’s trade policies. Which Countries Import The Most Agri Commodities Globally? It’s no secret that countries around the world are increasingly dependent on the importation of  agricultural commodities . These commodities account for more than 50% of all global imports. And as Brazil has shown, the top five commodities imported by c

The basmati rice export policy of the Indian government is designed to protect the industry and ensure that the quality of basmati rice continues to be high. The policy also aims to promote Indian exports and help create jobs in the basmati rice sector. Importance of Basmati Rice Basmati rice is one of the most popular and revered types of rice in the world. It is grown in the foothills of the Himalayas and has been cultivated for centuries. The grain is long and slender, with a nutty flavor and aroma that is beloved by many. Basmati rice is used in a variety of dishes, from simple rice pilafs to more elaborate curries and biryanis. Despite its popularity,  basmati rice  is not easy to come by outside of its native region. The grain is delicate and requires a specific climate to grow properly. As a result, basmati rice is expensive and difficult to find in most parts of the world. However, recent years have seen an increase in the global demand for basmati rice. This has led to more fa