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HomeAgroPolicyIndia’s agri exports cross $50 bn

India’s agri exports cross $50 bn

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The highest ever exports have been achieved for staples like rice, wheat, sugar and other cereals

Exports of agricultural products (including marine and plantation products) for the year 2021-22 have crossed $50 billion, the highest level ever achieved for agriculture exports. As per the provisional figures released by DGCI&S, the agricultural exports have grown by 19.92 per cent during 2021-22, to touch $50.21 billion. The growth rate is remarkable as it is over and above the growth of 17.66 per cent, at $41.87 billion, achieved in 2020-21 and has been achieved despite unprecedented logistical challenges in the form of high freight rates, container shortages etc.

The highest ever exports have been achieved for staples like rice ($9.65 billion), wheat ($ 2.19 billion), sugar ($4.6 billion) and other cereals ($ 1.08 billion). Wheat has recorded an unprecedented growth of more than 273 per cent, jumping nearly four-fold from $568 million in 2020-21 to touch close to $2119 million in 2021-22. An increase in exports of these products has benefitted farmers in states like Punjab, Haryana, Uttar Pradesh, Bihar, West Bengal, Chhattisgarh, Madhya Pradesh, Telangana, Andhra Pradesh, Maharashtra etc. India has captured nearly 50 per cent of the world’s market for rice.

The export of marine products, at $7.71 billion, is also the highest ever, benefitting farmers in the coastal states of West Bengal, Andhra Pradesh, Odisha, Tamil Nadu, Kerala, Maharashtra and Gujarat. Spices exports have touched $4 billion for the second year in a row. Despite facing tremendous supply-side issues, coffee exports have crossed $1 billion for the first time, which has improved realisations for coffee growers in Karnataka, Kerala and Tamil Nadu.

Exports have taken place from clusters like Varanasi (fresh vegetables, mangoes), Ananthpur (banana), Nagpur (orange), Lucknow (mango), Theni (banana), Solapur (pomegranate), Krishna & Chittoor (mango) etc. Initiatives like ‘Happy Banana’ train, an exclusive train with reefer containers to transport bananas from Anantapur to JNPT, Mumbai have been taken to boost exports from unconventional areas.

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