Import Export Business

India is one of the world's largest salt exporters , shipping over 13.73 billion kg of salt to more than 100 countries in 2023, marking an impressive 36% growth in exports. The major importers of Indian salt include China, the United States, Indonesia, and Bangladesh, while Europe and the Middle East are emerging as promising markets. With an increasing demand for sustainable, high-purity, and fortified salts, India's salt export industry is set to expand further. This blog explores the latest data on India’s salt exports, key exporters, and salt-related HSN codes. How Big Is the Salt Industry? The global salt market is projected to reach $48.6 billion by 2030, growing at a CAGR of 5.2% from its estimated $32.6 billion in 2022. The increasing demand for salt across various industries, including food processing, water treatment, pharmaceuticals, and de-icing, is fueling this growth. The sector is also benefiting from advancements in mining, refining, and packaging techniques, ...

India is rapidly becoming one of the leading players in the global potato export market. With its vast agricultural landscape and favorable growing conditions, India has emerged as a key producer of potatoes, exporting millions of tons each year to countries across the globe. This blog will explore India's growing potato export industry, the steps involved in exporting potatoes, key destinations, and essential HS codes. Let's dive into the details of potato exports from India, an industry that continues to expand and evolve. The Potato Export Market: A Growing Industry Potatoes are among the world's most significant food crops, second only to rice and wheat in terms of global human consumption. With over 4,000 varieties of edible potatoes, these tubers are vital to diets in numerous countries. India, one of the largest producers of potatoes, plays an essential role in the global potato trade. Potatoes are a staple in many cuisines, especially in Northern Europe, where c...

India, known for its rich cultural and traditional importance of gold, is the fifth-largest importer of the precious metal globally. Gold in India is not just a symbol of wealth but also plays a critical role in various rituals, celebrations, and as a form of financial security. With the rising demand for gold and limited domestic production, India depends heavily on gold imports to satisfy its needs. In this blog, we’ll delve into the intricacies of gold imports in India, explore the market dynamics, share key gold import data , and guide you on how to start a gold import business in India. Why is Gold So Important in India? Gold has been a cornerstone of Indian culture for centuries, representing both wealth and tradition. Whether it’s for weddings, religious ceremonies, or investment purposes, Indians place immense value on this precious metal. In fact, India’s demand for gold is immense, with an average annual demand of around 895 metric tons over the last five years. Given that ...