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CommodityWireExport-Import: India Jan rice exports down 25% YoY at $1.03 bln; silver, gold imports surge
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India Jan rice exports down 25% YoY at $1.03 bln; silver, gold imports surge

This story was originally published at 19:55 IST on 16 February 2026
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Informist, Monday, Feb. 16, 2026

 

MUMBAI – The value of India's rice exports fell in January and that of silver and gold surged multi-folds, according to data released by the commerce ministry. Exports of coffee, fruits and vegetables, meat, dairy, and poultry rose during the month while those of tea, spices, cashew, and oilmeals fell.

 

Imports of cotton raw and cotton waste, vegetable oil, and non-ferrous metals rose in January and those of pulses and petroleum, crude and products saw a decline, according to the data.

 

Rice exports fell around 25% to $1.03 billion in January from $1.37 billion a year ago. Exports of tobacco were down 0.2% at $167.93 million and those of coffee rose over 36% to $157.49 million. Spices exports fell over 10% on year to $305.42 million in January while exports of meat, dairy, and poultry rose around 18% on year to $607.84 million. Exports of oilseeds fell over 7% to $108.8 million in January. Exports of gems and jewellery in January were down around 23% on year at $2.31 billion.

 

The value of gold imports surged over four-fold to $12.07 billion last month while silver imports more than doubled to $2.00 billion, the data showed. The import of cotton raw and cotton waste in January rose over 12% on year to $136.73 million. Pulses imports fell around 47% on year to $401.12 million. Imports of petroleum, crude and products fell 0.2% on year to $13.41 billion. Imports of vegetable oil rose around 15% to $1.58 billion in January and those of non-ferrous metals rose over 32% to $2.56 billion.

 

APR-JAN

In Apr-Jan, the value of the country's rice exports fell around 8% to $9.34 billion and oilmeals exports fell around 21% on year to $889.66 million. Oil seeds exports fell around 5% to $1.07 billion. Exports of fruits and vegetables were up nearly 4% at $3.10 billion in Apr-Jan and exports of meat, dairy, and poultry were up around 25% to $5.19 billion. Gems and jewellery exports rose around 4% to $23.53 billion.

 

The value of India's vegetable oil imports in Apr-Jan rose around 10% to $16.36 billion while pulses imports fell nearly 36% to $2.93 billion. Imports of petroleum, crude and products were down around 4% at $148.82 billion in Apr-Jan. Gold and silver imports were up 20% and around 129% at $61.46 billion and $9.78 billion, respectively.  End

 

US$1 = INR 90.65

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Reported by Ashutosh Pati

Edited by Akul Nishant Akhoury

 

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