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Export of APEDA’s agri products grows 23 per cent in Apr-Jan.
Mar 08, 2022
Exports of major agriculture and processed products, broadly divided under 27 categories by Agricultural and Processed Food Products Export Development Authority (APEDA), have jumped 23.4 per cent to $19.7 billion during April-January of 2021-22 from $15.97 billion in the year-ago period, the Commerce Ministry said on Monday.
The APEDA-promoted products have nearly 50 per cent share in the country’s overall agricultural export of $41.25 billion (in 2020-21), whereas marine products came second with 14 per cent share, followed by spices with 10 per cent share.
A maiden export policy for the farm sector was announced in 2018 with the target to double the agricultural exports to $60 billion by 2022-23.
'We continue to focus on creating infrastructure for boosting exports by focusing on clusters in collaboration with state governments while taking into consideration the objective of Agriculture Export Policy, 2018,' said M Angamuthu, chairman of APEDA.
The Commerce Ministry has set a target of $23.71 billion for APEDA during 2021-22.
Chart-toppers
Export of rice was at top position with $7.7 billion (up 13 per cent) during the 11 months of this fiscal for which data have been released. Wheat shipments increased to $1.74 billion (up 387 per cent). Other cereals including maize registered a growth of 66 per cent to $869 million.
Meat, dairy and poultry products exports grew to $3.40 billion (over 13 per cent) and that of fresh fruits and vegetables were up 16 per cent to $1.20 billion. Shipments of processed fruits and vegetables were up by 11 per cent at $1.27 billion.
The Ministry also said that exports of cereal preparations and other processed food items grew by 14 per cent to $2.96 billion and that of cashew exports by 11 per cent to $383 million.
thehindubusinessline
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