Groundnut is the major oilseed of India. It accounts for around 25% of the total oilseed production of the country. Annual production of Indian Peanuts and Indian Peanuts oil are around 5-8mln and 1.5 mln tons respectively. Peanuts Production is highly vulnerable to rainfall deviations and display huge fluctuation between years.
Regional estimates are Gujarat (1-3.5 million tons), Tamil Nadu (1million tons), Andhra Pradesh (1-2 million tons), Karnataka (0.5 million tons), Maharashtra (0.5 million tons) are the major producers of Peanuts.
Around 75% of the crop is produced in khariff (June - September) and remaining 25% in rabi (November - March). India exported around 100000 tons of groundnut oil in 2003-04 after 4 decades, as crop failed in Senegal and Argentina. Peanuts or Groundnut kernels are approx. 70% of weight in shells and kernels have an oil recovery of 40-42%.
China (2-2.5 million tons), India (1.5-2 million tons) is the major producers of groundnut oil, followed by Sub-Saharan African countries and Central and South America.
Global trade of Indian Peanuts or Indian Groundnut oil is to the maximum of 100000 tons a year. EU and US are major importers. Senegal and Argentina are the major Peanuts exporters.