In its trade and tariff offensive the US administration of President Donald Trump has launched an almond and apple war on India to boost its farm exports
While India is interested in high-tech and high-volume trade with the United States certain import items like dry fruits, have surged by a remarkable 93 per cent but have largely gone unnoticed .
India’s concerns about trade and tariffs with the US have grown as rising imports from the US are impacting various sectors of the Indian economy. The trade relationship between the two countries has become increasingly complex, especially after the US imposed tariffs on products like steel and aluminium. India has expressed worries over the potential long-term impact of these tariffs, which could hinder the growth of its manufacturing sectors and disrupt its trade balance.
None, however, had expected that the U.S. would replace neighbouring Afghanistan or Iran, prime supplier of nuts, with its low oil-content and nutrient almonds, walnuts or pistachios. The fad for larger sized nuts has caught the fancy of Indian health-conscious buyers aided by low Indian tariffs. The US is virtually acting as China in this area.
India’s import of nuts crossed over $ 1 billion last year. Buyers with swadeshi fad are unaware that they are consuming larger-looking lower quality product than what used to come from the neighbours.
India has been witnessing a significant increase in imports from the US, especially in sectors like agricultural products, technology, and pharmaceuticals. While these imports haven’t caused widespread alarm , their growing volume has raised questions about the future of India's domestic industries, particularly in sectors that are facing increasing competition from cheaper or subsidized imports.
Some items, about 7 to 29 per cent, are coming from Australia as well following the recent trade deals.
The import surge is commensurate with rising demand and limited indigenous production. For instance the indigenous production of almond has been about 4150 tonnes during 2024 against an estimated demand of 1.9 lakh tonnes as per US agriculture department.
The Georgia-based GTRI says that almonds import by India has soared over 5.5 times since 2008. Pistachio imports went up 4,400 tonnes to 13,500 tonnes in 2021. Of total Indian almonds imports of $ 940.8 million (mn), $ 868.2 mn, or 92.3 per cent comes from the US; of total $ 141.5 mn pistachio, $ 121.2 mn is from the US (86.7 per cent) and a miniscule 8.8 per cent comes from Iran. While of the shelled pistachio of a total $ 72.2 mn, $ 8,5 mn comes from the US and 34 per cent comes from Afghanistan; 41.1 per cent shelled walnuts come from Afghanistan and 78.5 per cent comes from Chile. Only 16.9 percent or $ 86.6 mn of total walnuts imported, $ 14.6 min emanates from the US.
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