Trump tariff threat on Iran trade sparks fears for Indian basmati and tea exports - News Summed Up

Trump tariff threat on Iran trade sparks fears for Indian basmati and tea exports


We have sought clarification and guidance from the ministry of commerce,” Anshuman Kanoria, chairman of Indian Tea Exporters’ Association, said. Pointing to that, Federation of Indian Export Organisation (FEIO) said it does not expect any adverse impact on India. “Today, our current exposure to the Iran market is limited at around $8-10 million and is being managed prudently. Tea tradeIndia exported 10.69 million kg of tea to Iran between January-November 2025 compared with 8.32 million kg in the same period of last year, according to the latest trade statistics. However, Iran consumes 40-50 million kg of Indian teas, making it a top destination for Indian tea exports, Kanoria pointed out.


Source: The Telegraph January 14, 2026 02:37 UTC



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