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Makhana prices double in U.S. as Indian exporters find alternate markets: Report

India exported about 800 metric tons of foxnuts in 2024–25 to global markets, with the U.S. accounting for half of those exports.

'Makhana' or foxnuts / Courtesy: Wikipedia

A pack of foxnuts (makhana) weighing about 25 grams, which used to cost US$2, has doubled to US$4 in recent months in the U.S. due to tariffs imposed by President Donald Trump squeezing household budgets, a report has said. 

A report from Al Jazeera said that the 50 percent tariffs on Indian imports have hit sales, with exporters to the U.S. seeing shipments slump by as much as 40 percent.

Indian foxnut exporters, however, have found alternate markets, it added.

Also Read: U.S. finds Indian capsule makers received subsidies, sets stage for duties

The report cited a Denver-based leather garment trader, originally hailing from Kolkata, saying that his monthly grocery budget rose to $900 from $500 before the pandemic, specifically mentioning the price rise in foxnuts, or Makhana.

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