February 6, 2023
In FY21, exports of agricultural and allied products stood at INR 3.1 trillion
The export value of dairy products rose by INR 2,352.93 crore
Gujarat and Maharashtra led in the export of agriculture and allied products in the Western region
The value of marine products increased by INR 13,734.61 crore, and sugar by INR 13,676.12 crore
Exports of Indian agricultural and allied products increased by 20.79%-reaching an all-time high of INR 3.74 trillion in FY22, from the previous fiscal’s INR 3.1 trillion, according to a report from the Ministry of Agriculture and Farmer’s Welfare.
In FY20, the exports of Indian agricultural and allied products stood at INR 2.52 trillion, which increased by 22.87% in FY21.
According to Union Agriculture Minister Narendra Singh Tomar, Gujarat and Maharashtra led in the export of agriculture and allied products in the Western region, followed by Andhra Pradesh and West Bengal in the Eastern Region. On the other hand, Uttar Pradesh and Haryana led the export figures in the central or northern region, and Karnataka and Kerala exported the highest agricultural and allied products in the southern region.
In FY22, the value of marine products increased by INR 13,734.61 crore, and sugar by INR 13,676.12 crore. During the same fiscal, the value of exported wheat increased by INR 11,672.37 crore, and rice (excluding the Basmati variant) went up by INR 10,168.39 crore.
On top of that, raw cotton exports rose by INR 7,038.66 crore in value, and other cereals’ value rose by INR 2911.04 during FY22
According to the report, the export value of dairy products rose by INR 2,352.93 crore, and coffee witnessed an INR 2,273.97 crore increase in value in the 2021-2022 period. Additionally, castor oil exports increased by INR 1,952.36 crore in value, and miscellaneous processed items’ value grew by INR 2,311.86 crore during the same period, according to the report.
Source: Economic Times