India Dec rice exports down 30% on yr to $1 bln, silver imports surge 80%
This story was originally published at 13:28 IST on 16 January 2026
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MUMBAI – The value of India's rice exports fell nearly 30% on year in December and that of silver imports surged nearly 80%, according to data released by the commerce ministry. Exports of tea, coffee, tobacco, spices, meat, dairy and poultry products rose in December, while exports of cashew, fruits and vegetables, gems and jewellery, petroleum products, oilmeal, and oilseeds fell.
Rice exports fell 30% on year to $1 billion in December and for Apr-Dec, they were down nearly 5% on year to $8.31 billion. Exports of oilseeds fell over 3% to $136 million in December, while they fell nearly 5% on year to $961.78 million in Apr-Dec. In December, exports of oilmeals fell nearly 43% on year to $80.20 million, and in Apr-Dec, they fell over 18% on year to $833.52 million. Cashew exports fell nearly 2% on year to $50.89 million, though they rose nearly 26% on year to $319.56 million in Apr-Dec.
Spices exports rose nearly 2% on year to $375.20 million in December, and were also up over 1% on year to $3.19 billion in Apr-Dec. Exports of meat, dairy, and poultry rose over 30% on year to $659.06 million in December, while they were up nearly 26% on year at $4.59 billion in Apr-Dec. Exports of tobacco were up more than 17% at $188.04 million in December, and in Apr-Dec they rose marginally on year to $1.54 billion.
Coffee exports rose over 53% to $151.86 million, while rising over 17% on year to $1.46 billion in the nine months started April. The exports of tea in December were up over 5% on year at $89.34 million, and they rose over 14% on year to $786.77 million in Apr-Dec. Exports of fruits and vegetables in December were down nearly 8% at $315.10 million, while they rose more than 4% to $2.79 billion in Apr-Dec.
Exports of gems and jewellery in December were down more than 2% on year at $2.08 billion, while they fell nearly 1% on year to $21.22 billion in Apr-Dec. In December, exports of petroleum products fell nearly 7% on year to $4.40 billion, and in Apr-Dec, they fell nearly 15% on year to $42.13 billion.
Imports of cotton raw and cotton waste, petroleum, crude and products, vegetable oil, and silver rose in December, while imports of pulses and gold fell, the data showed.
Silver imports rose nearly 80% on year to $757.99 million, and they rose a whopping 129% on year to $7.77 billion in Apr-Dec. Gold imports fell 12% on year to $4.13 billion in December, though they rose nearly 2% on year to $49.39 billion in Apr-Dec. The imports of raw cotton and waste in December rose over 212% on year to $446.44 million, and were up over 80% on year at $1.66 billion in Apr-Dec.
Fruits and vegetable imports were up over 12% to $369.04 million in December, and in Apr-Dec, rose over 16% to $2.79 billion. Imports of petroleum, crude and products rose nearly 6% on year to $14.41 billion in December, and were down over 4% on year at $135.43 billion in Apr-Dec. Imports of vegetable oil rose nearly 28% to $1.68 billion in December, and were up 9% on year at $14.78 billion in Apr-Dec. Pulses imports fell nearly 3% on year to $498.97 million in December, and in Apr-Dec, were down over 33% on year at $2.53 billion. End
US$1 = INR 90.59
Reported by Reshma Ravi
Edited by Vandana Hingorani
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