India’s agricultural and processed food products exports up by 31 percent to USD 7408 Million in first three months of current fiscal
Data is of 2022-23 in comparison to the same period last year
Fruits & vegetables, cereals, livestock and processed foods
witnessed a spike in exports this fiscal
Of total USD 23.56 billion export target for 2022-23,31.4 percent achieved in
first three months
Export of processed fruits & vegetables including pulses up by 59.71
percent to USD 490 million in Q1 of current fiscal in compare to corresponding
months of previous year
Basmati Rice exports witnessed a growth of 25.54 percent in the first
three months of FY 2022-23
Continuing with
the trend from the previous year, the exports of agricultural and processed
food products rose by 31 percent in the first three months of the current
Financial Year 2022-23 (April-June) in compare to the corresponding period of
FY 2021-22.
According to the
provisional data released by the Directorate General of Commercial Intelligence
and Statistics (DGCI&S), the overall export of APEDA products increased to
USD 7408 million in April-June 2022 from USD 5663 million over the same period
of the last fiscal. The export target for April-June 2022-23 was fixed at USD
5890 million.
The initiatives taken
by the Agricultural and Processed Food Products Export Development Authority
(APEDA) that works under the Ministry of Commerce and Industry have helped the
country in achieving 31 percent of the total export target in the first quarter
of the current fiscal.
For the year 2022-23,
an export target of USD 23.56 billion has been fixed by APEDA for the
agricultural and processed food products basket.
As per the DGCI&S
provisional data, fresh fruits & vegetables registered four percent growth,
while processed fruits and vegetables recorded a significant growth of 59.71
percent (April-June 2022) in compare to corresponding months of the previous
year.
Also, processed food
products like cereals and miscellaneous processed items reported a growth of
37.66 percent in compare to the first quarter of the previous year.
In April-June, 2021,
fresh fruits and vegetables were exported to the tune of USD 394 million that
increased to USD 409 million in the corresponding months of the current fiscal.
Exports of processed F&V jumped to USD 490 million in Q1 of the current
fiscal from USD 307 million in the corresponding months of the previous year.
Basmati Rice exports
witnessed a growth of 25.54 percent in the first three months of FY 2022-23 as
its export increased from USD 922 million (April-June 2021) to USD 1157 million
(April-June 2022), while the export of non-Basmati rice registered a growth of
5 percent in Q1 of current fiscal. Non-basmati rice export increased to USD
1566 million in the first three months of the current fiscal from USD 1491
million in the corresponding months of the previous year.
The export of meat,
dairy & poultry products increased by 9.5 percent and the export of other
cereals recorded a growth of 29 percent in Q1 of the current fiscal. The dairy
products alone recorded a growth of 67.15 percent as its export rose to USD 191
million in the first three months of the current fiscal from USD 114 million in
corresponding months of the previous year.
Other cereals’ export
increased from USD 237 million in April-June 2021to USD 306 million in
April-June 2022 and the export of livestock products increased from USD 1022
million in April-June 2021 to USD 1120 million in April-June 2022.
“We continue to
provide technical and financial assistance to various stakeholders in the
agricultural goods value chains for boosting exports of unique products from
the country,” Dr M Angamuthu, Chairman, APEDA, said.
As per the DGCI&S
data, the country’s agricultural products exports had grown by 19.92 per cent
during 2021-22 to touch USD 50.21 billion. The growth rate is significant as it
is over and above the growth of 17.66 per cent at USD 41.87 billion achieved in
2020-21 and has been achieved in spite of unprecedented logistical challenges
in the form of high freight rates and container shortages, etc.
APEDA had scripted a
new history by exporting agricultural and processed food products to the tune
of USD 25.6 billion in 2021-22, which was around 51 per cent of India's total
agricultural goods exports of more than USD 50 billion.
“Through creating a
necessary eco-system of exports along with collaboration with key stakeholders
in the agri-exports value chains, we are aiming to sustain the growth in
India’s agricultural and processed food exports in the current fiscal as well,”
Angamuthu, said.
The rise in the export
of agricultural and processed food products is the outcome of APEDA’s various
initiatives taken for the export promotion of agricultural and processed food
products such as organising B2B exhibitions in different countries, exploring
new potential markets through product-specific and general marketing campaigns
by the active involvement of Indian Embassies.
The APEDA has also
taken several initiatives to promote products having reigstered geographical
indications (GI) in India by organising virtual Buyer Seller Meets on
agricultural and food products with the United Arab Emirates and on GI
products, including handicrafts with the USA.
In a bid to give a
boost to the export of Indian wine, the APEDA facilitated participation of 10
wine exporters in the London Wine Fair held between June 7- 9, 2022.
APEDA recently
organized a conference on the boosting export potential of natural, organic and
GI-agro Products from the north-eastern states in Guwahati, Assam. The
objective of the conference is to promote the export of natural, organic and GI
agro-products grown in Assam and neighbouring states by creating international
market linkages.
In collaboration with
the Union Territory of Ladakh, APEDA recently organized an International Buyer
Seller Meet, which aimed at boosting exports of Apricots and other
agri-products from Ladakh. Eighteen entrepreneurs from UTs of Ladakh and Jammu
and Kashmir displayed a range of Apricots and other Agri Products. Twenty
buyers from India, USA, Bangladesh, Oman, Dubai participated in this event.
APEDA launched an
eight-day-long Mango Festival in the Kingdom of Bahrain on June 13. At the
show, 34 varieties of mangoes from eastern states, including West Bengal,
Bihar, Jharkhand, and Odisha, were displayed at Bahrain's Al Jazira group
supermarket.
The mango show in
Bahrain is part of APEDA’s new initiatives to explore international markets for
Indian mangoes under the ‘Mango Festival 2022’. It’s the outcome of APEDA’s
commitment to provide a global platform for Indian mangoes that for the time 34
varieties of mangoes from eastern states have been showcased in Bahrain. On
earlier occasions, mango varieties from Southern states like Alphonso, Kesar,
Banganpalli, etc were showcased in most of the global shows.
In order to ensure
seamless quality certification of products to be exported, APEDA has recognised
220 labs across India to provide services of testing to a wide range of
products and exporters.
Ends
India’s Export Comparative Statement: APEDA Products |
|||
Product Head |
April-June,2021 |
April-June,2022 |
% Change (April-June,2022) |
USD Million |
|||
Fruits & Vegetables |
394 |
409 |
3.74 |
Cereal preparations & Miscellaneous
processed items |
830 |
1143 |
37.6 |
Meat, dairy & poultry products |
1022 |
1120 |
9.5 |
Basmati Rice |
922 |
1157 |
25.5 |
Non Basmati Rice |
1491 |
1566 |
5 |
Miscellaneous products |
1004 |
2013 |
50 |
Total |
5663 |
7408 |
30.81 |
Source: DGCIS Principal commodities data April-June, 2022)
(Provisional data)
India’s Export Comparative Statement: APEDA Products |
|||
Product Head |
April-June,2021 |
April - June (2022) |
% Change
(April-June,2022) |
Unit: USD Million |
|||
Floriculture & seeds |
54 |
58 |
7.61 |
Fruits & vegetables |
394 |
409 |
3.74 |
Processed fruits &vegetable |
307 |
490 |
59.71 |
Livestock products |
1022 |
1120 |
9.50 |
Other processed foods |
830 |
1143 |
37.66 |
Cereals |
2941 |
4103 |
39.52 |
Cashew |
114 |
85 |
-25.42 |
Total |
5663 |
7408 |
30.81 |
Source: DGCIS
Principal commodities data April-June, 2022) (Provisional data) |