India’s agriculture exports jump to $ 41 billion despite pandemic disruptions – Economic Times

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India’s agriculture exports (collectively with marine and plantation merchandise) have crushed the pandemic registering a progress of 17.34 per cent to $ 41.25 billion in 2020-21, a prime commerce ministry official said on Thursday.

Chatting with the media, commerce secretary Anup Wadhawan said that fantastic progress of Agri exports in FY21 has come after it reprimaryed stagnant for the previous three years (USD 38.43 billion in 2017-18, USD 38.74 billion in 2018-19 and USD 35.16 billion 2019-20).

In rupee phrases, The rise is 22.62 per cent with exports all by way of 2020-21 amounting to Rs 3.05 lakh crore as As in contrast with Rs 2.49 lakh crore all by way of 2019-20.

India’s agricultural and allied imports all by way of 2019-20 have been USD 20.64 billion, and the corresponding figures for 2020-21 are USD 20.67 billion. Regardless of COVID-19, the stability of commerce in agriculture has enhanced by 42.16% from USD 14.51 billion to USD 20.58 billion.

For agriculture merchandise (excluding marine and plantation merchandise), The enlargement is 28.36% with exports of USD 29.81 billion in 2020-21 as As in contrast with USD 23.23 billion in 2019-20. India has been In a place To revenue from The rised demand for staples Through the COVID-19 interval.

Large progress has been seen in export of cereals with export of non-basmati rice rising by 136.04% to USD 4794.54 million; wheat by 774.17% to USD 549.16 million; and completely different cereals (millets, maize and completely different coarse positive elements) by 238.28% to USD 694.14 million.

Other agricultural merchandise, which registered An monumental enhance in exports as As in contrast with 2019-20, have been oil meals (USD 1575.34 million -progress of 90.28%), sugar (USD 2789.97 million – progress 41.88%), uncooked cotton (USD 1897.20 million – progress 79.43%), current greens (USD 721.47 million – progress 10.71%) and vegetable oils (USD 602.77 million- progress 254.39%) and so on.

The Most very important markets for India’s agriculture merchandise are the USA, China, Bangladesh, UAE, Vietnam, Saudi Arabia, Incarried outsia, Nepal, Iran and Malaysia. Exports to most Of these locations have registered progress, with The very biggest progress being recorded for Incarried outsia (102.42%), Bangladesh (95.93%) and Nepal (50.49%).

Export of spices like ginger, pepper, cinnamon, cardamom, turmeric, saffron and so on., which have acknowledged therapeutic qualities, has additionally grown considerably. During 2020-21, export of pepper enhanced by 28.72% to USD 1269.38 million; cinnamon by 64.47% to USD 11.25 million; nutmeg, mace and cardamom by 132.03% (USD 189.34 million vs USD 81.60 million); and ginger, saffron, turmeric, thyme, bay leaves and so on. by 35.44% to USD 570.63 million. Export of spices touched The very biggest ever diploma of round USD 4 billion all by way of 2020-21.

The pure exports all by way of 2020-21 have been USD 1040 million as in the direction of USD 689 million in 2019-20, registering a progress Of fifty.94%. Organic exports embrace oil cake/meals, oil seeds, cereals and millets, spices and condiments, tea, medicinal plant merchandise, dry fruits, sugar, pulses, espresso and so on.

Exports have additionally taken place from a quantity of clusters for The primary time. For event, export of current greens and mangoes from Varanasi and black rice from Chandauli has taken place for The primary time, immediately benefitting farmers of The world. Exports have additionally taken place from completely different clusters viz. oranges from Nagpur, bananas from Theni and Ananthpur, mangoes from Lucknow and so on. Regardless of the pandemic, export of current horticulture produce Occurred by multimodal mode and consignments have been shipped by air and sea to Dubai, London and completely different locations from these areas. Handholding by the Division for market linkages, submit-harvest worth chain enhancement and the institutional construction Similar to FPOs, enabled North East farmers to ship their worth-added merchandise past the Indian borders.

Cereal exports have carried out properly all by way of 2020-21. The nation has been In a place to export to a quantity of nations for The primary time. For event rice has been exported to nations like Timor-Leste, Puerto Rico, Brazil, for The primary time. Equally wheat has been exported to nations like Yemen, Incarried outsia, Bhutan and completely different cereals have been exported to Sudan, Poland Boliby way of.

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