India is the largest producer and exporter of turmeric in the world. Turmeric occupies about 6% of the total area under spices and condiments in India. It is traded under HS Code: 091030

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Turmeric ranks third in the total exports of spices from India, India’s turmeric exports touched $236 million (around Rs 1,632 crore) in 2018 and North America has emerged as the largest market for the commodity, according to the Trade Promotion Council of India (TPCI).

Major Importing Countries of Indian Turmeric

Turmeric ranks third in the total exports of spices from India. In 2020, India exported turmeric valued at approximately 232 billion U.S. dollars, making it the leading exporter of turmeric worldwide.

The top Importing countries of Indian turmeric are:

 1) UAE
2)  Iran
3) THE US
4)  Sri Lanka
5)  Japan
6) the UK
7)  Malaysia
8)  South Africa. 

Major Exporting Countries which compete with India in Turmeric are given as:

     1)       Myanmar($16M)
2)   Indonesia ($7.54M)
3)   Netherlands ($7.14M)
4)   Vietnam ($16.3M)

Leading Turmeric Exporting Countries Worldwide in 2020:

The graph given below shows countries that export turmeric worldwide as:

International Importers and Buyers of Turmeric Powder

The top 5 trading partners of India are the USA (76.94 USD Million), Australia (7.27 USD Million), Germany (3.68 USD Million), Netherlands (3.24 USD Million), and Denmark (3.1 USD Million). The total export value of Turmeric in these countries is 94.23 USD million. These top 5 countries account for over 79.02% of the total Turmeric export from India.
Considering the top trading partners which import Turmeric from India, Pakistan recorded the fastest growth in their import shipments from India with a 0.0% rise in their shipment values. The least amount of Turmeric is imported by Trinidad and Tobago.
There are about 58 top exporting ports in India that trade Turmeric from India, Nhava Sheva Sea exports the majority of Turmeric shipments from India with a share of 27.0%, followed by Cochin Sea with 25.0%.

Below are the Top Countries which imported the highest dollar value worth of Turmeric from India in 2020-2021 (Apr-Nov)

Domestic and export demand for turmeric is rising because it is seen as an immunity-boosting product.

With orders pouring in from the Middle East, the US, Europe, and Southeast Asia, prices have risen 4% to Rs 60-62 a kg in the past week, and may increase another 10% by September, said Rajesh Daliya, president of Nizamabad Merchants Association in Telangana.

Spices are being used as immunity boosters to avoid infection and demand is continuously increasing now that the spice factories have started opening up after the lockdown, said Ajay Kedia, director at Kedia Advisory. “The rupee weakness is also helping the spice exports. Currently, the export quality turmeric price in major mandis like Erode and Nizamabad is at Rs 60 kg and we can expect prices to be Rs 66 a kg by August-September,” he said.

Area, production, and productivity of turmeric in India

Turmeric (Curcuma longa) is native to Asia and India. The tuberous rhizomes or underground stems of turmeric have been used from antiquity as condiments, a dye, and as an aromatic stimulant in several medicines. Turmeric is a very important spice in India, which produces nearly the entire whole world’s crop and consumes 80% of it. India is by far the largest producer and exporter of turmeric in the world. Turmeric occupies about 6% of the total area under spices and condiments in India.

Commercially Grown Varieties

There are about 30 turmeric varieties grown in India. Among them, Alleppey and Madras (Perianadan) are of great commercial importance. Some of the improved varieties are CO-11983, BSR-11986, Krishna, Roma, Suroma, Ranga, Rasmi, Megha Turmeric-1, Suguna, Sudarshana, Suranjana, Duggirala, Kodur, Suvarna, Varna, IISR Prabha, IISR Pratibha, Rajendra Sonia, etc. A description of some of the varieties is given below: