Agricultural Exports: Despite the challenges posed by the Corona epidemic, India’s agricultural exports grew by almost 20 percent to $ 50.21 billion during the financial year 2021-22. The Ministry of Commerce and Industry has given information about this today.
9.35 per cent higher exports
During the financial year 2021-22, rice exports have been at the forefront of earning foreign exchange in agricultural commodities with $9.65 billion, a statement said. The figure is 9.35 percent higher than the previous year.
Wheat exports increased
Wheat exports increased to $2.2 billion in 2021-22 from $567 billion in the previous fiscal.
How much did the export of which product increase?
The export of these products grew by 96 per cent to $634 million in 2021-22 as against the export of dairy products of $323 million in the year 2020-21, while the export of bovine meat increased from $3.17 billion in the year 2020-21 to the year 2021. In -22 it became $ 3.30 billion.
Exports up 34 percent
The export of poultry products increased to $71 million in 2021-22 from $58 million in the previous year. Goat meat exports grew by 34 per cent to $60 million in 2021-22.
These countries were the main exports of agricultural products
Major export destinations of agricultural products include Bangladesh, United Arab Emirates, Vietnam, USA, Nepal, Malaysia, Saudi Arabia, Indonesia, Iran and Egypt.
According to the statement, “The increase in export of agricultural and processed food products is mainly due to various initiatives taken by the Center through APEDA. Efforts include organizing B2B exhibitions in various countries, exploring new potential markets through product specific and general marketing campaigns with the active support of the Embassy of India.
APEDA Chairman M Angamuthu said that a base of 50 agricultural products has been prepared which has huge potential to increase exports.