News Brief
India Records Nearly 15 Per Cent Rise In Export Of Agricultural, Processed Food Products In April-October 2021: Govt
Goods export (representative image) (GettyImages)
In a major boost to export prospects of agricultural produce, India registered a significant surge in export of agricultural and processed food products in April-October period of current financial year 2021-22, in comparison to the corresponding seven month period of last fiscal, an official release said on Friday (19 November).
According to the Quick Estimates released by the Directorate General of Commercial Intelligence and Statistics (DGCI&S), the overall export of aAricultural and Processed Food Products Export Development Authority (APEDA) products witnessed 14.7 percent growth in terms of US dollars during April-October 2021 over the same period of the previous year.
The overall export of APEDA products increased from $10,157 million in April-October 2020 to $11,651million in April-October 2021, the Ministry of Commerce and Industry said in a release.
According to the ministry, this rise in exports has been achieved notwithstanding COVID-19 restrictions.
The significant jump in exports of agricultural and processed food products during the first seven months of current fiscal is in continuation of growth in exports witnessed in the financial year 2020-21, the ministry said.
The export of rice, which recorded a positive growth of 10.5 percent, increased from $4,777.35 million in April-October 2020 to $5,278.95 million in April-October 2021.
As per the Quick Estimates, the exports of fresh fruits and vegetables registered a 11.6 percent growth in terms of US dollars, while shipment of processed food products like cereals preparations and miscellaneous processed items reported a growth of 29 percent.
In April-October 2020-21, fresh fruits and vegetables were exported to the tune of $1,374.59 million which rose to $1,534.05 million in April-October 2021-22.
India reported a significant 85.4 percent jump in export of other cereals while the export of meat, dairy and poultry products witnessed an increase of15.6 percent in the first seven months of the current fiscal (2021-22).
The export of other cereals increased from $274.98 million in April-October 2020 to $509.77 million in April-October 2021 and the export of meat, dairy and poultry products increased from $1,978.6 million in April-October 2020 to $2,286.32 million in April-October 2021.
The cashew export witnessed a growth of 29.2 percent in April-October 2021 as the export of cashew rose from $205.29 million in April-October 2020 to $265.27 million in April-October 2021.
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