date:Oct 24, 2018
45 per cent in terms of volume and value.
Spices are considered the most valued product in the trade of commodities. The major exporting countries in global trade of spices are India and China, and the major markets for consumption are the United States and Europe.
In terms of the value of world trade, pepper, cardamom, ginger, turmeric, chilli, cinnamon nutmeg/mace, cloves, pimento and vanilla are the most important spice crops from tropical regions, while cumin, coriander, sesame seeds, mus