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Jan
18

Agri exports registered a robust growth of 22 percent during April-November

Agricultural and Processed Food Products Export Development Authority (APEDA) recent release indicates that exports of agricultural and processed food products from India, increased by 22.1 percent to $15.03 billion during the April-November period of the current fiscal as compared with exports to the tune of $12.31 billion in the year-ago period, even as commodities such as fresh fruits, flowers, dairy products, guar gum, non-Basmati rice, wheat and cashew reported even higher growth. There was a big jump in exports during November with the shipments registering 56 percent growth at $3.38 billion from $2.16 billion year-ago. During the period, non-Basmati rice exports increased by 46.3 percent to $3.9 billion, while Basmati rice exports dropped 22.7 percent to $ 2.06 billion. In terms of volume, non-Basmati rice shipments surged by 53.5 percent to 10.9 million tonnes, while Basmati exports fell by 21.2 percent to 2.4 million tonnes. During the aforesaid period, exports of fresh fruits increased by 31.2 percent to $ 397 million, floriculture products by 39.7 percent to $68 million, dairy products by 68.6 percent to $ 315 million, guar gum by 60 percent to $ 258 million and cashew by 24.7 percent to $ 305 million. Wheat exports surged more than five times to $1.15 billion in the eight months to November as India entered new markets such as Yemen, Afghanistan, Qatar and Indonesia, besides strengthening its position in Bangladesh (largest share in FY21), Nepal, Afghanistan, Sri Lanka and United Arab Emirates.