Temperature 44.05 C New Delhi, IN
Friday, May 20, 2022
No Image

Agri-export posts impressive 44% growth during April-June quarter

New Delhi, August 20: India has registered an impressive 44 per cent jump in the export of agriculture commodities during the first quarter of the ongoing financial year, with products worth USD 4817.9 million shipped in April-June 2021 as against USD 3338.5 million in April-June 2020.

According to a government statement, the estimated agri-export during this fiscal will grow by 15 per cent.

The quarterly export chart reflects positive sentiment in the farm sector notwithstanding the Covid pandemic when other traditional sectors suffered reverses in the first three months of 2021-22.

“The initiatives taken by Agricultural and Processed Food Products Export Development Authority (APEDA) under the Ministry of Commerce, has helped the country achieve this milestone at a time when the outbreak of pandemic was at its peak,” said the government statement.

Exports of fresh fruits and vegetables registered a 9.1 per cent growth, while shipment of processed food products like cereals preparations and miscellaneous processed items reported a growth of 69.6 per cent during the April-June quarter. The export of rice also went up by 25.3 per cent.

India has held the 9th position in the agri-export market globally with the total export standing at USD 37 billion in the year 2019, according to a WTO report.