Indian saffron (Crocus sativus L.), often referred to as “red gold” due to its premium status in global spice markets, holds immense export potential despite facing competitive pressures from leading global suppliers. This study examines India’s trade competitiveness and export performance of saffron using recent export data, market share analysis, and trade flow dynamics. In 2024, India’s saffron exports were valued at approximately USD 3.61 million, with over 10,000 kg of saffron shipped to global destinations such as Hong Kong, the UAE, the United States, and the United Kingdom. Although India’s export value is smaller compared to major producers like Spain and Iran, Indian saffron exhibits niche competitiveness due to its superior quality and unique sensory attributes. Growth in the number of exporters and buyers, with over 750 exporters and 1,600 buyers actively engaged in global trade — underscores expanding market linkages and export diversification. This paper highlights structural constraints, competitive advantages, and policy implications for enhancing India’s share in the global saffron trade.
