Export of Dried Licorice Root from India
Dried Licorice Root is categorized under HS code 071490 - Vegetable roots and tubers; arrowroot, salep, Jerusalem artichokes and similar roots and tubers (not manioc, sweet potatoes, yams, taro or yautia), high starch or inulin content, fresh, chilled, frozen, dried, sliced or not, or in pellet form; sago pith, and the data is presented accordingly.
Export overview
As of 2023, India ranked #18 in global exports of Dried Licorice Root. India accounts for approximately 0.5% of the total global export value of Dried Licorice Root, with an export value of 747,211 USD.
The top countries importing Dried Licorice Root from India include World, United States, United Arab Emirates, Bangladesh, Australia.
Export trend
India's export value of Dried Licorice Root has increased by 64.54% over the past 5 years, rising from 454,117 USD in 2019 to 747,211 USD in 2023.
The export data for India Dried Licorice Root is sourced from UN Comtrade and official Customs databases of various countries. The data is categorized under the Harmonized System (HS) code 071490 - Vegetable roots and tubers; arrowroot, salep, Jerusalem artichokes and similar roots and tubers (not manioc, sweet potatoes, yams, taro or yautia), high starch or inulin content, fresh, chilled, frozen, dried, sliced or not, or in pellet form; sago pith, which covers a specific classification for Dried Licorice Root and related products in international trade.
It's important to note that the HS code classification may not always perfectly match the definition of Dried Licorice Root in certain markets, as HS codes often encompass a broader range of similar products.
Export transactions from 2024
Transactions in this market
91
Exporters
7
Importers
9
Major exporters of India Dried Licorice Root in 2024
TIT BIT FOODS INDIA
India
BHARAT INTERNATIONAL
India
SEED TREE SPICES
India
PHALADA AGRO RESEARCH FOUNDATIONS
India
JAY KESHAV EXPORTS
India
Major importers of India Dried Licorice Root in 2024
UNKNOWN
New Zealand
UNKNOWN
Canada
ALYUNUS TRADING
Thailand
DAVIDSON'S ORGANICS - TEAS, HERBS
United States
BAINS WHOLESALE FOODS
Canada
Historical export price trends
The export price of Dried Licorice Root from India has fluctuated over the past 2 years. In 2023, the price varied between 0.50 USD per kg and 6.21 USD per kg. In 2024, the prices continued to fluctuate, ranging from 0.45 USD per kg to 6.72 USD per kg.
The export transaction data for India Dried Licorice Root is sourced from Bill of Lading (B/L) documents and customs reports. Tridge ensures data accuracy through human oversight and AI, handling missing values, outliers, and standardizing currencies and units. Note that price trends may vary based on country, product variety, or timeframe.
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