importexport-data

[importexport-data]

The Best way to Find Buyers for Garlic Export from India

Explore top opportunities with garlic export from India and locate garlic exporters in India with updated garlic export data.

[importexport-data]

How to Export Honey from India

Honey has been an integral part of Indian culture for centuries, featuring prominently in traditional remedies, Ayurveda, and daily consumption. Not only is it cherished in Indian households, but it also holds significant religious importance, being one of the five foods offered to Hindu devotees as per Sanatana Dharma. This deep-rooted tradition, combined with the global demand for natural and health-conscious products, positions India as a major player in the honey export market.

As of 2020–21, India's honey exports were valued at US$96.77 million, reflecting the burgeoning potential of this sector. This comprehensive blog explores the opportunities for honey export from India, the leading exporters, and the updated honey HS codes.

Why Start the Honey Export Business in 2024?

India's agricultural heritage and the global demand for honey make starting a honey export business in 2024 a lucrative opportunity. The trend towards natural sweeteners over sugar and artificial substitutes is driving the demand for honey worldwide. Consumers are increasingly health-conscious, and willing to pay a premium for high-quality, natural products like honey.

India, being the world's sixth-largest honey exporter, stands to benefit significantly from these global trends. The unique qualities of Indian honey, coupled with rising international demand, make 2024 an opportune year to enter the honey export business. However, success in this venture requires careful preparation, market research, and an understanding of export data.

How Much Honey is Exported from India?

India's honey exports have shown a steady increase in recent years. In the fiscal year 2022-23, India exported 79,929.17 metric tonnes (MT) of honey, valued at over US$203 million. This marked an increase from the previous year, where 74,413.05 MT of natural honey worth $163.77 million were exported. The export value further rose to $190.06 million by February 2023.

India ranks as the seventh largest producer and exporter of honey globally. In 2021-22, an estimated 133,200 metric tons of honey were produced in India. The domestic honey market was valued at Rs 23.3 billion in 2022 and is projected to grow at an 8.4% CAGR, reaching Rs 38.8 billion by 2028.

Honey Export from India: Top Export Destinations

Indian honey enjoys significant demand in several international markets. The top destinations for Indian honey exports are:

United States: The US is the largest importer of Indian honey, accounting for nearly 80% of exports in some years. The demand for high-quality honey varieties is growing rapidly in the US market.

Saudi Arabia: Saudi Arabia is another key market, with a preference for lighter-colored honey.

United Arab Emirates: The UAE is a rising market for Indian honey, driven by factors such as a growing population and increasing disposable income.

Bangladesh: Indian honey is in high demand in Bangladesh due to its low price and perceived health benefits.

Canada: With a rising preference for honey, Canada represents a developed market where Indian honey can meet the demand.

These markets highlight the thriving export potential for Indian honey, with the United States leading by a significant margin. In the fiscal year 2020-21, 59,999 metric tonnes of natural honey worth Rs. 716 crore (US$96.77 million) were exported from India, with 44,881 MT going to the United States alone.

Top Honey Exporting Countries in 2023

The global honey export market is dominated by a few key players. In 2023, the top honey exporting countries were:

China: $176 billion

New Zealand: $38.99 billion

Argentina: $37.11 billion

Ukraine: $36.57 billion

Spain: $34 billion

Germany: $27 billion

Brazil: $19.7 billion

Belgium: $13.8 billion

Australia: $11.6 billion

Hungary: $11 billion

China emerged as the leading honey exporter, capturing a significant share of the global market. The total value of honey exports in 2023 was $2.68 billion.

How to Export Honey from India?

Establishing an export honey from India involves several key steps and documentation requirements. Here is a detailed guide to get started:

Business Registration: The first step is to register your business with the Ministry of Corporate Affairs (MCA). Choose the appropriate business structure and comply with the necessary legal requirements, including tax registrations such as GST and FSSAI.

Market Research: Conduct thorough market research to understand the demand, competition, and regulatory requirements in target markets. Platforms like ExportImportData.in can provide valuable insights and data to help analyze market trends and opportunities.

Identify Top Exporters: Some top honey exporters in India include Royal Bee Honey, Dabur Honey, FOREVER Bee Honey, Himalaya Honey, Patanjali Honey, Zandu Honey, Apis Honey, and Nature's Gift Honey. Knowing the key players can help in benchmarking and strategizing.

Find Buyers and Distributors: Identifying potential buyers or distributors is crucial. Utilize market research websites and data-driven platforms like ExportImportData.in to find reliable trading partners and obtain updated statistics.

Documentation and Compliance: Ensure you have all necessary documents, including an export license, certificate of origin, FSSAI food license, and any other relevant certifications. Compliance with the Food Safety and Standards Authority of India (FSSAI) and other regulatory bodies is essential.

Final Thoughts

The honey export sector in India is poised for significant growth in 2024, with major markets like the United States, Saudi Arabia, UAE, Bangladesh, and Canada driving demand. Successful entry into this market requires meticulous planning, adherence to regulatory requirements, and comprehensive market research.

By leveraging updated market insights and data, Indian honey exporters can tap into the burgeoning global market and elevate their businesses. For further information and detailed analysis, platforms like ExportImportData.in offer invaluable resources to help navigate the complexities of the honey export industry.

In conclusion, the potential for honey export from India is immense. With the right strategies and a deep understanding of market dynamics, entrepreneurs can capitalize on this growing sector and achieve significant success in 2024 and beyond.

[importexport-data]

Top Opportunities with Honey Export from India: A Complete Guide

Explore Top Opportunities with Honey Export from India and locate honey export data from India with updated Honey exporters in India.

[importexport-data]

Top 10 Products to Export from India

India's dynamic economy has become a major force in international trade, with a significant increase in exports over the past few decades. The diverse range of goods exported from India includes essentials like clothing and petroleum products, as well as valuable items such as jewelry. India is now among the leading exporters, catering to the needs of a wide array of global consumers with both traditional and cutting-edge technologies.

Considering Exporting from India?

Are you interested in exporting but unsure what products to focus on? Curious about the most popular goods exported by Indian businesses? Look no further. This article overviews India's top export products, offering insights into market trends and high-demand items for 2024.

The Importance of Exports for India

Exports are vital for India's economic growth, generating essential foreign exchange that funds necessary imports and supports the rupee. A robust export sector creates jobs across various industries, driving overall growth and improving livelihoods.

India's top 10 exports significantly contribute to its economy, making it one of the world's largest exporters. Understanding consumer preferences, market trends, and key product details is crucial for success in global trade. Exporting from India is an essential strategy for business owners looking to expand.

Top Export Products from India in 2024

India's export industry is vast and varied. Here's a detailed look at the India export products list for 2024:

Pharmaceuticals

Petroleum Products

Machines and Equipment

Gems and Jewelry

Textiles and Garments

Tea

Organic and Inorganic Chemicals

Iron and Steel

Vehicles

Dairy Products

Detailed Overview of Top Export Products

Pharmaceuticals and Medicines India is renowned for its pharmaceutical industry, exporting life-saving drugs and therapies to over 200 countries. This sector contributes about 6% of all exports, with a 9.67% increase in exports to USD 27.9 billion in 2023–2024. India exports a wide range of pharmaceutical products, including vaccines, biosimilars, APIs, and generic medications.

Petroleum Products As Asia's second-biggest refinery, India exports petroleum products like petrol, diesel, and jet fuel to countries including the US, China, and the Netherlands. This sector contributes around 10% of total export value, with an export value of USD 15.5 billion.

Machines and Equipment India exports machinery and mechanical appliances, with an export value of USD 3.1 billion. The engineering sector produces high-quality machine tools, pumps, engines, and turbines, recognized globally.

Gems and Jewelry India is a top exporter of cut and polished diamonds, pearls, and gemstones, primarily from Gujarat and Andhra Pradesh. These items are highly sought after in the US, UAE, and Hong Kong, with an export value of USD 10.2 billion.

Textiles and Garments India's textile and apparel industry, which includes both natural and synthetic fibers, accounts for around 7% of all exports. This sector's export value is USD 6.8 billion.

Tea India's tea exports, including Assam and Darjeeling varieties, contribute over 3% of the country's total export value, with an export value of USD 1.2 billion.

Organic and Inorganic Chemicals As the third-largest chemical manufacturer in Asia, India's chemical exports contribute around 5% of total exports. The export value for this sector is USD 4.9 billion.

Iron and Steel India is a major exporter of iron and steel, essential for global construction. The export value for this sector is USD 2.9 billion.

Vehicles India exports automobiles, trucks, and motorcycles, with an export value of USD 2.7 billion. Major export destinations include the US, Europe, and Africa.

Dairy Products Dairy products are a significant export, especially in Western markets. India's dairy sector has an export value of USD 2.4 billion.

Finding India's Top Exporters

For accurate and up-to-date information on India export products, visit ExportImportData's dashboard. It provides comprehensive data on export products, major exports, and the top 10 exports from India.

Conclusion

Exports are a primary driver of India's economic growth, creating foreign exchange, jobs, and industrial development. Now is the time to start exporting and take advantage of global opportunities. With the ExportImportData platform, you can easily ship to over 130 countries. If you have questions about India’s top exports or need specific export data, our experts are here to help.

[importexport-data]

What Are the Top 10 Imports and Exports From Sri Lanka

Discover Sri Lanka's top exports and imports, including garments, tea, rubber, fuel, machinery, and chemicals. Locate top exporters and importers in the country.

[importexport-data]

List of Products Exported from India 2024

Discover the top export products from India in 2024. Explore the diverse and vibrant export industry driving India's economy, from pharmaceuticals to gems and jewelry.

[importexport-data]

Import Data with Buyer Name

We at ExportImportData, provide you with vulnerable and relevant Import Data with Buyer Name, India Import Data, Custom data, and many more. Our professionals are always available to help you to grow your business.

[importexport-data]

Indian Import Data

We meet the highest desire of the consumer and their business demand by providing Indian Exporter’s details, export import data, Indian Import Data, and global trade data services. Our highly experienced technical team has more than decades of expertise in data mining and data processing.

[importexport-data]

Import Data India

ExportImportData is the top consulting company for market research in India. On the volume and value of goods imported and exported between different countries, we offer Export Import Data India. When it comes to providing statistics on exporters, importers, and the number of nations represented, we have the largest database.

[importexport-data]

Import Export Data with Importer Name

ExportImportData is a leading provider of online, reliable, free import export data with importer name and cost-effective worldwide export import trade data from over 100 countries that can be used by consultants and advisers to effectively raise awareness among target markets and potential customers.

[importexport-data]

Sabarmati ICD Import Data

Find the Sabarmati ICD port import data with complete customs shipment details. Import data of Sabarmati ICD port is collected from actual lading bills of customs. Sabarmati ICD port import data report shows products imported, shipping date, importer name, price, hs code, etc.