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India's agriculture exports increase 17.34% at $41.25 bn in 2020-21


India's export of agricultural and allied products in 2020-21 grew by 17.34 per cent to USD 41.25 billion, and this growth momentum is expected to be sustained in the current fiscal as well, a top government official said on Thursday.


Commerce Secretary Anup Wadhawan said huge growth has been seen in the export of cereals, non-basmati rice, wheat, millets, maize and other coarse grains.


The largest markets for India's agricultural products are the US, China, Bangladesh, UAE, Vietnam, Saudi Arabia, Indonesia, Nepal, Iran and Malaysia.


He also informed that exports have taken place from several clusters for the first time, for instance, the export of fresh vegetables and mangoes from Varanasi, and black Rice from Chandauli.


Exports of only agricultural products (excluding marine and plantation products) increased by 28.36 per cent to USD 29.81 billion in 2020-21 as compared to USD 23.23 billion in 2019-20.


"Agriculture Exports have performed well during 2020-21. After remaining stagnant for the past three years (USD 38.43 billion in 2017-18, USD 38.74 billion in 2018-19 and USD 35.16 billion 2019-20), the exports of agriculture and allied products (including marine and plantation products) during 2020-21 jumped to USD 41.25 billion, an increase of 17.34 per cent," Wadhwan said.


Further, as many as 18 states -- including Maharashtra, Kerala, Nagaland, Tamil Nadu, Assam, Punjab, and Karnataka -- have finalised their specific action plan to implement the Agri export policy.


As part of the policy, 46 unique product-district clusters have been identified for export promotion and 29 cluster level committees have been formed.


The Department of Commerce has been making efforts, in collaboration with the Department of Agriculture, for gaining market access for Indian products.


India has recently gained market access for pomegranate in Australia; mango and Basmati rice in Argentina; carrot seeds in Iran; wheat flour, basmati rice, mango, banana and soybean oilcake in Uzbekistan; tomato, okra and onion in Bhutan; and oranges in Serbia.


Read More at https://www.business-standard.com/article/economy-policy/india-s-agriculture-exports-increase-17-34-at-41-25-bn-in-2020-21-121061000744_1.html

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