Groundnut Export From India 2026 Market Overview & Trends
Unlocking Opportunities in Groundnut Export From India Market: Trends, Strategies, and Growth Insights
$839.2 m
Market Size
750.3 m Kg
Export Volume
Algeria
Key Trading Partner
~2.84%
Market Growth Rate
Groundnut in India Trade
AI Insight
India's groundnut export market demonstrates resilience with a 2.84% growth rate, reaching $839.2 million in 2024. While value slightly retracted from 2023, export volumes hit record levels. Indonesia is the primary trade partner ($295.7M), while Algeria and Russia emerge as high-growth frontiers. The market is dominated by shelled seed products (HS 120220), accounting for over 98% of trade value. Pricing dynamics show a shift toward higher volume exports, suggesting competitive positioning in Southeast Asian and emerging Eurasian markets.
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5-Year Export Volume
AI Insight
India's groundnut exports reached a value peak of $874.4 million in 2023. Although 2024 saw a slight value dip to $839.2 million, export volume hit a five-year high of 750.3 million units. This suggests robust demand despite price fluctuations, showing a steady recovery from the 2021 low.
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Discover OpportunitiesTop 5 Destination Countries
Indonesia
Vietnam
Philippines
Malaysia
Thailand
AI Insight
Indonesia remains the dominant destination for Indian groundnuts, with a massive import value of $295.7 million in 2024. Southeast Asia is the primary region, with Vietnam ($124.8M) and the Philippines ($70.2M) serving as major secondary markets, highlighting strong regional trade dependencies.
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See Key BuyersExport Growth Analysis
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The Indian groundnut export sector maintains a positive growth trajectory with a compound annual growth rate of 2.84%. This steady expansion reflects consistent international demand and stable production capabilities within the Indian agricultural sector over the analyzed period.
Emerging Market Opportunities
AI Insight
Algeria and Russia are the fastest-growing markets for Indian groundnuts, showing impressive growth rates of 65.5% and 53.4% respectively. While Indonesia is the largest by value, its 15.3% growth rate confirms its ongoing importance as a key expansion hub.
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Explore Emerging MarketsSector-Related Export Opportunities
AI Insight
Export activity is heavily concentrated in Ground-nuts; seed (HS 120220), which generated $823.2 million in 2024. The in-shell variety (HS 120210) remains a niche segment, contributing only $16 million, indicating a clear market preference for shelled seed products.
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Explore Related ProductsIndia Groundnut Export Requirements
Before Shipment
Documentation Required
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View RequirementsGroundnut Exports and Free Trade Agreements from India
Maximize Your Groundnut Exports: Explore India Free Trade Agreements and related import conditions.
Explore FTAs- South Asia Free Trade Agreement (SAFTA)
- India-ASEAN Comprehensive Economic Cooperation Agreement (CECA)
- India-Japan Comprehensive Economic Partnership Agreement (CEPA)
- India-Korea Comprehensive Economic Partnership Agreement (CEPA)
- India-UAE Comprehensive Economic Partnership Agreement (CEPA)
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