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Agri commodities export hits 18.49% growth during 2020-21

nabard-calls-for-coordinated-efforts-for-food-export-to-increase-farmers-income

 Exports of commodities such as wheat, other Cereals, Rice (other than Basmati), Soya meal, Spices, Sugar, Raw Cotton, Fresh Vegetable, Processed Vegetables recorded significant growth 

India has consistently maintained trade surplus in the agricultural products over the years. India’s agricultural and allied exports during 2019-20 were Rs. 2.52 lakh Crores and imports were Rs. 1.47 lakh Crores. Even, during the difficult time of Pandemic, India took care not to disturb the world food supply chain and continued to export. The export of Agri and allied commodities during Apr, 2020 – Feb, 2021 were Rs. 2.74 lakh Crore as compared to Rs. 2.31 Crore in the same period last year indicating an increase of 18.49 per cent.

The commodities which posted significant positive growth in exports were wheat, other Cereals, Rice (other than Basmati), Soya meal, Spices, Sugar, Raw Cotton, Fresh Vegetable, Processed Vegetables, and Alcoholic Beverages etc.

Wheat and other cereals posted huge growth over last year, i.e., increasing from Rs. 425 Crore to Rs. 3283 Crore and Rs. 1318 Crore to Rs. 4542 Crore, respectively. On specific demand from countries, NAFED has exported 50,000 MT wheat to Afghanistan and 40,000 MT wheat to Lebanon under G2G arrangement. India has witnessed tremendous growth of 727 per cent for Wheat export.

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