Spices exports up 10 pc to USD 3.7 bn in 2019-20

India’s exports of spices grew by 10 per cent to USD 3.7 billion (about Rs 28,100 crore) in 2019-20 on account of healthy demand in developed as well as developing countries’ markets.The exports stood at USD 3.32 billion in 2018-19, according to Commerce Ministry’s data.According to experts, ginger and cardamom helped a great extent to push up the country’s exports of spices.’Owing to good agricultural practices, 2019-20 saw a hike in ginger and cardamom produce and thus better pricing.