Gulf Crisis Poses Threat to India’s Agricultural Exports
09-Mar-2026 04:14 PM
Gulf Crisis Poses Threat to India’s Agricultural Exports
★ According to a report by GTRI, if the war in Iran continues for a long time, it could have a major impact on India’s agricultural exports. In 2025, India’s agricultural exports to West Asia were around $11.8 billion, accounting for nearly one-fifth of the country’s total agricultural exports. Products such as rice, fruits and vegetables, spices, meat, dairy, and beverages could be the most affected.
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★ According to the report, the major products at risk are categorized as follows based on export dependence:
Very High Risk (more than 70% of exports dependent on West Asia)
★ Dry coconut (copra), nutmeg, mace, and cardamom.
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High Risk (around 40–60% export dependence)
★ Coconut and palm kernel oil, sunflower/safflower/cottonseed oil.
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Moderate Risk (around 20–35% export dependence)
★ Rice, coconut and cashew, processed fruits and nuts, spice seeds such as cumin and coriander, spices like ginger and turmeric, and pulses—especially kabuli chickpeas.
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★ If tensions in the region continue and instability around the Strait of Hormuz persists, it could affect farmers, the food processing industry, and exporters.