Agricultural and allied products’ exports up by 20.79% in FY22: Govt. report

The exports reached an all-time high of INR 3.74 trillion

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. 

Region-wise figures

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.

Commodities

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

Recent Articles

Maldives president seeks Indian aid amid looming debt crisis

October 7, 2024

Maldives President Mohamed Muizzu arrived in Delhi on Sunday for …

Read More

India’s digital transformation poised to create a US$1 trillion economy by 2028

October 7, 2024

India’s financial ecosystem has undergone a paradigm shift driven by …

Read More

India’s per capita income set to surge by US$2,000 in five years: FM Sitharaman

October 4, 2024

Union Finance Minister Nirmala Sitharaman has expressed optimism about India’s …

Read More