India records 22% growth in exports of agricultural, processed food products in April-August

According to the World Trade Organization map, India is ranked ninth in the world ranking.

New Delhi: India has registered a significant growth of 21.8% in exports of agricultural and processed food products in the first five months of the current financial year 2021-22 (April-August FY22) as compared to the same period of 2020-21 (FY21). “The total exports of Agricultural and Processed Food Products Export Development Authority (APEDA) products increased from $6,485 million in April-August 2020 to $7,902 million in April-August 2021,” the Ministry of Commerce and Industry said in a release on Tuesday. It added that the growth in exports has been achieved despite the Covid-19 restrictions.

Rice exports, which registered a positive growth of 13.7%, increased from $3,359 million in April-August 2020 to $3820 million in April-August 2021, the ministry said.

As per the Centre’s quick estimates, exports of fresh fruits and vegetables registered a growth of 6.1% in dollar terms, while exports of processed food products such as cereal preparations and miscellaneous processed goods registered a growth of 41.9%.

In April-August FY21, exports of fresh fruits and vegetables stood at $1,013 million which increased to $1,075 million in April-August FY22.

The ministry statement also informed that India recorded a significant jump of 142.1% in exports of other cereals, while exports of meat, dairy and poultry products saw a growth of 31.1% in the first five months of FY22.

Cashew exports witnessed a growth of 28.5% in April-August FY2011.

According to the World Trade Organization (WTO) trade map, India is ranked ninth in the world ranking with total agri-exports in 2019 at $37 billion.

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