(THE GIST OF PIB) Agricultural exports

[July-2021]

Agricultural exports

The Ministry of Commerce and Industry has said, India has registered tremendous growth in agriculture exports during the last financial year.

About:

• Exports of agriculture and allied products including marine and plantation products jumped to 41.25 billion US dollars and registered an increase of 17.34 per cent during the fiscal year 2020-21.
• Products: Huge growth has been witnessed in export of cereals like non-basmati rice, wheat, millets, maize and other agricultural products.

Export destinations

• The products were exported to 58 destinations around the world.
• Largest markets for country’s agricultural products are the USA, China, Bangladesh, UAE, Vietnam, Saudi Arabia, Indonesia, Nepal, Iran and Malaysia.
• Highest growth in export has been recorded for Indonesia, Bangladesh and Nepal.

Organic products:

• Organic exports registered a whopping growth of nearly 51 per cent during the 2020-21 fiscal year. Exports of organic products registered a surge of $1,040 million in the last fiscal as compared to $689 million a year ago, leading to an increase in overall agricultural exports.
• In quantitative terms, the exports of organic products grew by 39 per cent, from 6,38,998 to 8,88,179 tonnes in the last fiscal year.

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Courtesy: PIB