Assam has marked a significant milestone in its agro-forest economy with the first legally approved export of agarwood chips to Saudi Arabia and the United Arab Emirates, opening a new chapter for an industry with vast global demand and strong revenue potential.
The consignment was exported after securing all statutory clearances, including a CITES permit and a restricted export licence from the Directorate General of Foreign Trade.
The consignment, comprising 100 kg of agarwood chips to Saudi Arabia and 12 kg to the UAE, was dispatched from the cargo terminal of the Lokpriya Gopinath Bordoloi International Airport on Wednesday.
Agarwood, also known as Oud, is one of the world’s most valuable aromatic raw materials, and is widely used in luxury perfumes, incense, cosmetics and traditional products across the Gulf, Europe and Southeast Asia.
