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India Cuts Minimum Export Price for Natural Honey to $1,400 a Tonne Until Dec. 31

The lower floor is intended to boost overseas sales to key buyers including the US, UAE, Saudi Arabia and Qatar.

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Overview

  • The Directorate General of Foreign Trade notified the change with immediate effect, reducing the floor from $2,000 to $1,400 per metric tonne through December 31, 2025.
  • Exports of natural honey below the revised threshold are not permitted under the policy.
  • The price floor mechanism was first introduced for honey in March 2024.
  • India shipped $177.52 million worth of natural honey in 2023–24, providing a baseline to gauge the policy’s impact.
  • Sector support continues under the National Beekeeping and Honey Mission, with major production in Uttar Pradesh, West Bengal, Punjab, Bihar and Rajasthan.