India performs well in agri, processed food exports, increased by 9 per cent

During 2022-23, India's exports were worth USD 2630 crore. Whereas the exports under Apeda reached the target of USD 2356 crore. India is an important rice exporting country in the world, accounting for 45 per cent of the total world rice trade. The demand for rice in the world market has increased since last year. Floods in East Asian countries, Africa and Europe as well as Pakistan had increased the demand for rice. Also, India's rice prices in rice exporting countries are lower. As a result, India's rice got a good boost and exports increased. India exported rice to nearly 75 countries.

India performs well in agri, processed food exports, increased by 9 per cent
agri, processed food exports increased by 9 per cent

India performed well in agriculture exports last season. During 2022-23, agricultural and processed food exports increased by 9 per cent. This included rice, fruits and vegetables, livestock and dairy products.

In this year, India's exports were worth USD 2630 crore. Whereas the exports under Apeda reached the target of USD 2356 crore. India is an important rice exporting country in the world, accounting for 45 per cent of the total world rice trade. The demand for rice in the world market has increased since last year. Floods in East Asian countries, Africa and Europe as well as Pakistan had increased the demand for rice. Also, India's rice prices in rice exporting countries are lower. As a result, India's rice got a good boost and exports increased. India exported rice to nearly 75 countries.

According to the Directorate General of Commercial Intelligence and Statistics, the value of India's rice exports has increased by 15 per cent. India exported rice worth USD 1110 crore. India had banned the export of broken rice. Also, 20 per cent export duty was imposed on white rice exports. Despite this, there was a 5 per cent increase in exports to 223 lakh tonnes.

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India's exports of fresh and processed fruits and vegetables also increased significantly. After Corona, the demand for fruits and vegetables has increased in the global market. India is benefiting from this. India's exports increased by nearly 19 per cent to USD 380 crore. Also, exports of cereals and processed food products increased by 20 per cent. India exported $430 million worth of food grains and processed food products during the year.

But India's exports of meat, dairy and poultry products declined somewhat. Last year there was a crisis of various diseases on livestock in the country. Breeding of livestock was reduced during Corona period. Lumpy disease affected cattle.

Due to this, the milk production in the country decreased and created a shortage. Its effect was felt on exports. India exports meat, dairy and poultry products worth Rs 400 crore a year.