Parliament Question: Impact of tariff on trade with Iran

GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE RAJYA SABHA UNSTARRED QUESTION NO. 844 ANSWERED ON 06/02/2026 IMPACT OF TARIFF ON TRADE WITH IRAN 844. MS. SUSHMITA DEV Will the Minister of COMMERCE AND INDUSTRY be pleased to state: (a) whether Government is aware of the announcement by the United States imposing or proposing a 25 percent tariff on countries continuing trade with Iran; (b) the quantity and value of tea and rice exported by India to Iran since 2020, year- wise; (c) the estimated share of such exports that may be affected due to the said US tariff measures, particularly for tea growers, rice exporters and MSMEs; and (d) whether Government has assessed the potential loss to Indian exporters arising from reduced access to the US market or increased trade barriers linked to Iran-related transactions? ANSWER THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE & INDUSTRY (SHRI JITIN PRASADA) (a) to (d) Currently, the United States has not imposed any such tariff. The export value of Tea and rice to Iran is as follows: Tea: India Export to Iran Year Qty (Thousand KGs) Value ($ Million) 2020 36000.18 132.23 2021 27943.80 96.60 2022 24977.34 85.79 2023 8520.50 29.63 2024 12034.25 40.81 2025 up to November 13388.67 47.78 Source: DGCIS Rice: India Export to Iran Year Qty (Thousand Ton) Value ($ Million) 2020 1102.11 877.41 2021 871.38 661.27 2022 1245.25 1162.01 2023 749.34 735.57 2024 745.26 709.57 2025 up to November 878.29 681.06 Source: DGCIS ****