India’s export of Agricultural and allied commodities shows an impressive increase of 18.49 per cent during 2020-2021
India has witnessed an impressive increase of almost 18.5 per cent in export of Agricultural and allied products during April 2020 to February 2021 as compared to the same period, the previous year.
The country had witnessed tremendous growth of 727 per cent in Wheat export and 132 per cent in Non-Basmati Rice export, despite the prevalence of COVID-19 pandemic.
Some other commodities that posted significant positive growth in exports include cereals, soya meal, spices, sugar, raw cotton, fresh vegetable, processed vegetables and alcoholic beverages.
India took care not to disturb the world food supply chain and continued to export even during the pandemic. The export of Agricultural and allied commodities during April 2020 to February 2021 was over Rs 2 lakh 70 thousand crore.
The imports of Agricultural and allied commodities during this period witnessed a slight increase of 2.93 per cent. During this period, despite COVID-19, the balance of trade in agriculture has favorably increased.
Read also
Palm oil prices are expected to continue rising after a short-term correction
Georgia reduced wheat imports in April
Brazilian soyabean oil exports jump 47% amid record crop and weak domestic demand
Zimbabwe plans new grain import levies to strengthen food security
Global vegetable oil production to hit record high again – USDA
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon